Elegen Raises $35 Million in Series B Led by Triatomic Capital to Accelerate Expansion into Clinical Manufacturing
Amount Raised
$35 Million
Round Type
Series B
San CarlosManufacturingBiotechnologyInvestors
Description
Elegen, the leader in next-generation DNA synthesis and production, announced a Series B financing of $35 million led by Triatomic Capital. The funds will accelerate the extension of the company’s ENFINIA™ DNA product line across clinical workflows providing turnkey production of GMP-compliant DNA for clinical development of genetic medicines.
Quick answer
Elegen raised $35 Million in a Series B round, dated May 14, 2024. Investors: Andreessen Horowitz (a16z) Bio + Health, Agilent Technologies, AME Cloud Ventures, Alix Ventures, Acvc Partners, Digitalis Ventures, 8VC and Kd T Ventures. Elegen is based in San Carlos, California, United States.
- How much did Elegen raise?
- Elegen raised $35 Million in a Series B round on May 14, 2024.
- Who invested in Elegen?
- Andreessen Horowitz (a16z) Bio + Health, Agilent Technologies, AME Cloud Ventures, Alix Ventures, Acvc Partners, Digitalis Ventures, 8VC and Kd T Ventures are named as investors in this round.
- What does Elegen do?
- Elegen brings unique insights and technical innovation to create high-quality synthetic DNA faster, catalyzing the next revolution in the life sciences.
- Where is Elegen based and how big is it?
- Elegen is based in San Carlos, California, United States.
- Who are the decision-makers at Elegen?
- Fundz holds 1 contact at Elegen. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Biotechnology around the same time
Companies in the same sectors as Elegen that raised within 45 days of this round, from Fundz verified event records.
- NewcelX raised $787K on June 28, 2024.
- Route 92 Medical raised $50M on June 28, 2024.
- Phlow raised $5M on June 28, 2024.
- CASI Pharmaceuticals raised $15M on June 26, 2024.
- CASI Pharmaceuticals raised $15M (Post-IPO Equity) on June 26, 2024.
- TendoNova raised $270K (Seed) on June 26, 2024.
Who to call at Elegen, and when
A new round usually means Elegen is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Elegen raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Elegen, from your own LinkedIn network
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Funding Insights
What this usually meansElegen raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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