MedGenome

About

MedGenome develops a genomics-based diagnostics and research solution for healthcare providers to understand the genetic basis of diseases.

Bangalore,Karnataka,India
501 - 1000
http://www.medgenome.com

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: $50M
Industries: Biotechnology,Genetics,Health Care,Health Diagnostics,Medical
Founded date: Jan 1, 2013
Number Of Employee: 501 - 1000
Operating Status: Active
Legal Name: MedGenome Labs Ltd.

MedGenome is a developer of sequencing genomics-based diagnostics and research platform intended to improve global health. The company's platform applies genomics technologies, bioinformatics, computing, and big data analytics to the genetically diverse and large population to understand the genetic basis of cancer, metabolic disorders, eye disorders, and other rare diseases, enabling the healthcare industry to develop deep insights into diseases at the genetic and molecular level.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$169M ₹1.23B

MedGenome has raised a total of $169M ₹1.23B in funding over 2 rounds. Their latest funding was raised on Aug 30, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 30, 2022	Series Unknown	$50M	3	Novo Holdings	—	Detail
Jul 15, 2021	Series Unknown	₹1.23B	1	International Finance Corporation	—	Detail
Apr 1, 2020	Series D	$55M	3	LeapFrog Investments	—	Detail
Jan 1, 2019	Series Unknown	—	1	InnoVen Capital	—	Detail
Mar 5, 2018	Series C	$10M	3	HDFC ERGO General Insurance Company Limited	—	Detail

Investors

Number of Lead Investors

Number of Investors

9

14

MedGenome is funded by 14 investors. Novo Holdings and International Finance Corporation are the most recent investors.

Investor Name	Lead Investor	Funding Round
Novo Holdings	Yes	Series Unknown
International Finance Corporation	Yes	Series Unknown
InnoVen Capital	Yes	Series Unknown
HDFC ERGO General Insurance Company Limited	Yes	Series C
Sequoia Capital India	Yes	Series C
Papillon Capital	Yes	Series A
LeapFrog Investments	—	Series Unknown
Sofina	—	Series Unknown
Sequoia Capital	—	Series D
HDFC Mutual Fund	—	Series C