Element Biosciences

Element Biosciences is a biotechnology firm focused on innovative and cost-effective sequencing technologies. Their flagship AVITI System, a benchtop sequencer, offers high accuracy and low costs with dual independent flow cells and Avidity Base Chemistry (ABC) to minimize common PCR-related errors. The company also offers the AVITI24, combining sequencing and cyto-profiling for detailed cellular analysis, particularly useful in cancer research. Their Cloudbreak kits enhance sequencing efficiency, and the ElemBio Cloud platform aids in real-time monitoring and data visualization.

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Funding Round
Funding Amount
Post-Money Valuation
Share Price
Series D11 Jul, 2024
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Series C29 Jun, 2021
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Series B26 Jun, 2020
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Series B9 Jan, 2020
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Series A18 Jun, 2019
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Element Biosciences
Jul 11, 2024 Show on chart

Element Biosciences Raises Over $277 Million to Develop and Commercialize Differentiated Products and Continue Rapid Growth

This funding will further support the commercialization of AVITI™, Element's benchtop DNA sequencer ...

https://www.prnewswire.com/news-releases/element-biosciences-raises-over-277-million-to-develop-and-commercialize-differentiated-products-and-continue-rapid-growth-302194120.html

Investors6

Wellington ManagementWellington Management
FidelityFidelity
VenrockVenrock
T. Rowe PriceT. Rowe Price
Alexandria Venture InvestmentsAlexandria Venture Investments
Meritech Capital PartnersMeritech Capital Partners

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