54GENE
54gene is a healthcare startup unlocking the African genome to fuel genetic research and development that may lead to new discoveries and benefit all populations. 54gene was founded in 2019 by Dr. Abasi Ene-Obong to address the significant gap in the global genomics market: Nearly 90% of genetic material used in pharmaceutical research is caucasian. Only 2% is African, despite the fact that Africans and people of African ancestry are more genetically diverse than all other world populations combined. As a result, pharmaceutical research and development is lacking the diverse data that may hold the key to medical discoveries and new healthcare solutions.
54GENE
Industry:
Biotechnology Genetics Health Care Life Science
Founded:
2019-01-01
Address:
Washington, District Of Columbia, United States
Country:
United States
Website Url:
http://www.54gene.com
Total Employee:
101+
Status:
Active
Email Addresses:
[email protected]
Total Funding:
44.73 M USD
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SPF SSL By Default Google Analytics Google Tag Manager Domain Not Resolving Apache Global Site Tag Mobile Non Scaleable Content
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Current Advisors List
Current Employees Featured
Founder
Investors List
Adjuvant Capital
Adjuvant Capital investment in Series B - 54gene
Ingressive Capital
Ingressive Capital investment in Series B - 54gene
Cathay Innovation
Cathay Innovation investment in Series B - 54gene
Bossanova Investimentos
Bossanova Investimentos investment in Series B - 54gene
KdT Ventures
KdT Ventures investment in Series B - 54gene
Diverse Angels
Diverse Angels investment in Series B - 54gene
Plexo Capital
Plexo Capital investment in Series B - 54gene
Endeavor Catalyst
Endeavor Catalyst investment in Series B - 54gene
Nathalie Gaveau
Nathalie Gaveau investment in Series A - 54gene
Daniel Schryer
Daniel Schryer investment in Funding Round - 54gene
Official Site Inspections
http://www.54gene.com Semrush global rank: 33.57 K Semrush visits lastest month: 4 M
- Host name: 172.67.163.200
- IP address: 172.67.163.200
- Location: United States
- Latitude: 37.751
- Longitude: -97.822
- Timezone: America/Chicago
More informations about "54gene"
54gene - Crunchbase Company Profile & Funding
54gene is a healthcare startup unlocking the African genome to fuel genetic research and development that may lead to new discoveries and benefit all populations. 54gene was …See details»
Exclusive: After raising $45m in two years, 54gene is …
Sep 27, 2023 · Founded in 2019, 54gene was co-founded by Dr. Abasi Ene-Obong, who helped the company raise $45 million across three funding rounds. The company set out to provide crucial genome information on Africans to …See details»
After raising $45 million, African genomics startup, …
Sep 27, 2023 · Genomics startup 54gene has initiated the winding down of its operations after securing $45 million in funding. The company initiated the process in July 2023. By September, its website had...See details»
54gene | World Economic Forum
54gene is an African genomics research, services and development company addressing the need to include under-represented African genomic data in research, which could lead to …See details»
54gene valuation slashed by over $100M amid job cuts …
Oct 28, 2022 · Sources say 54gene's valuation dropped by two-thirds before it laid off over 100 employees in a fresh round of layoffs, and its CEO resigned.See details»
54gene CEO steps down as the company looks to cut more jobs
Oct 24, 2022 · 54gene co-founder and chief executive officer Dr. Abasi Ene-Obong has stepped down from his executive role, the African genomics company confirmed to TechCrunch today.See details»
New Nigerian Biobank Advances Africa’s Genomic …
Jul 27, 2020 · To offer health-care data from Africa on par with other global markets and help researchers unlock the value in that data, he launched 54Gene, a private, Lagos-based genomics lab, in early 2019. (He named it after the 54 …See details»
The Massive, Overlooked Potential of African DNA
Oct 1, 2019 · To get its DNA samples, 54gene is working with 17 hospitals across Nigeria, targeting patients with cancer, cardiovascular disease, metabolic conditions, neurodegenerative disorders, and sickle...See details»
African genomics startup 54gene raises $25M to …
Sep 16, 2021 · Since launching in 2019, African genomics startup 54gene has been at the forefront of bridging this divide in the global genomics market. Today, the company has secured $25 million in Series B...See details»
54gene Closes $25M Series B to Advance Global Drug …
WASHINGTON, Sept. 16, 2021 /PRNewswire/ -- 54gene, the health technology company advancing African genomics research for improved global health outcomes, has secured $25M in a Series B round, led...See details»
54gene's CEO Wants to Fix Health Data's Racial …
Aug 7, 2022 · 54gene's CEO Abasi Ene-Obong is on a mission to right the sharp racial imbalance in global health data.See details»
Meet 54Gene: Changing The Landscape Of Global DNA By …
Feb 29, 2020 · 54Gene is a company collecting DNA from Africans with a view to unlocking hidden data that has been overlooked.See details»
54gene Announces Leadership Changes in Mission to Transform …
Mar 15, 2023 · WASHINGTON-- ( BUSINESS WIRE )-- 54gene, Inc. a health data technology company on a mission to transform racial disparity in genomics research data globally, today …See details»
54gene uses Illumina sequencing to create world-class facility
Sep 3, 2020 · Illumina’s partnership with 54gene will establish a new genetics facility in Lagos, Nigeria, equipped with a suite of Illumina's sequencing and high-density microarray technology …See details»
What 54gene actually does and why you should care, as told by …
Dec 22, 2020 · 54gene is one of the most exciting and innovative startups to come out of Nigeria and Africa in recent times. Since launching last year, the startup's premise to address the …See details»
African genomics startup 54gene raises $15M led by Adjuvant …
Apr 14, 2020 · 54gene plans to hire across the organization, from seeking a new VP of finance to adding additional scientists. The company recruits research participants in Africa through …See details»
Nigeria-based 54gene raises $25 million extra for drug discovery
Sep 16, 2021 · 54gene, the genomics research startup, says it has raised $25 million in a Series B round led by venture capitalists Cathay AfricInvest Innovation Fund. Some existing investors …See details»
54gene: Collecting African DNA to improve healthcare
Mar 4, 2020 · 54gene is on a mission to improve the development, availability and efficacy of medical products that will prove beneficial to Africans and the wider global population. To …See details»
54gene raises $15m from Bill & Melinda Gates-backed fund - Quartz
Apr 14, 2020 · One company’s efforts to fix that lack of diversity is being increasingly backed by investors wise to the scale of the opportunity. 54gene, a genomics research company focused …See details»
54gene Completes Initial Phase of the Landmark Nigerian 100K …
May 9, 2022 · Through 54gene's ACTG, the consortium operates as a unique public-private partnership involving leading African scientists guided by a team of global genomic leaders as …See details»