When was Element Biosciences founded?

Element Biosciences was founded in 2017 and became a unicorn in 2024.

Where is Element Biosciences located?

Element Biosciences is headquartered in San Diego, United States. It is registered at 9880 Campus Point Drive, Suite 210, San Diego, CA 92121.

Who is the current CEO of Element Biosciences?

Molly He of Element Biosciences. They have also founded 1 company.

How many employees does Element Biosciences have?

As of Jun 30, 2026, the latest employee count at Element Biosciences is 447.

Is Element Biosciences a funded company?

Element Biosciences is a funded company, having raised a total of $853M across 8 funding rounds to date. The company's 1st funding round was a $225K Grant (prize money) round, raised on Sep 01, 2017.

How much is Element Biosciences worth?

The latest valuation of Element Biosciences is $1B as of Feb 20, 2026.

When was the latest funding round of Element Biosciences?

Element Biosciences' latest funding was a $175M Series E round on Jun 09, 2026, with participation from 1 investor.

Is Element Biosciences a Life Sciences Platforms and Tools company?

The primary sector of Element Biosciences is Life Sciences Platforms and Tools.

Where does Element Biosciences rank among its competitors?

Element Biosciences ranks 2nd amongst 23 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Element Biosciences, which secured $175M in Jun, 2026.

Who are the top competitors of Element Biosciences?

Element Biosciences' top competitors include 10X Genomics, BioStream and xMD. Among them, Element Biosciences secured the most recent funding round in June, 2026.

Element Biosciences - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Element Biosciences operate in

Element Biosciences serves in the Life Sciences market segments.The primary business model of Element Biosciences is:

Life Sciences > Life Sciences Platforms and Tools > ***** **** > ***** ******

Company Details

Developer of benchtop DNA sequencer for research applications. The company offers an AVITI benchtop sequencer that delivers high data quality through enhanced contrast-to-noise ratio (CNR) for the research and diagnostic markets.

Website: www.elementbiosciences.com
Social
Email ID: *****@elembio.com
Phone Number: +1 **********
Registered Address: 9880 Campus Point Drive, Suite 210, San Diego, CA 92121

Key Metrics

Founded Year

2017

Location

San Diego, United States

Stage

Series E

Total Funding

$853M in 8 rounds

Latest Funding Round

Series E, Jun 09, 2026, $175M

Post Money Valuation

$1B as on Feb 20, 2026

Investors

Fidelity Investments & 13 more

Ranked

2^nd among 23 active competitors

Employee Count

447 as on Jun 30, 2026

Investment & Acquisitions

Loop Genomics

Similar Companies

10X Genomics & 26 more

View Element Biosciences' full profile

Element Biosciences is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Element Biosciences, Inc. CIN: 6439607 , United States, Active	Jul 06, 2017	-	237 (As on Dec 31, 2021)	-
ELEMENT BIOSCIENCES NETHERLANDS B.V CIN: 932775433 , Norway, Active	Nov 23, 2022	-	-

Element Biosciences has raised a total funding of $853M over 8 rounds. Its first funding round was on Sep 01, 2017. Its latest funding round was a Series E round on Jun 09, 2026 for $175M. 1 investor participated in its latest round. Element Biosciences has 14 institutional investors.

Here is the list of recent funding rounds of Element Biosciences:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 09, 2026	$175M	Series E	-	-	-	Samsung
Jul 11, 2024	$277M	Series D	-	-	Wellington	Samsung, Fidelity Investments, Foresite Capital
Jun 29, 2021	$276M	Series C	-	-	Janus Henderson Investors, Logos, Meritech, T. Rowe Price, Morgan Stanley	RA Capital Advisors, Venrock, Foresite Capital

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View details of Element Biosciences's funding rounds and investors

The founders of Element Biosciences is Molly He. Molly He is the CEO of Element Biosciences.

Here are the details of Element Biosciences' key team members:

Molly He: Co-Founder & CEO of Element Biosciences.

View details of Element Biosciences's Founder profiles and Board Members

Element Biosciences' employee count trend

Element Biosciences has 447 employees as of Jun 26. Here is Element Biosciences's employee count trend over the years:

Employee count trend for Element Biosciences

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Top competitors of Element Biosciences include 10X Genomics, BioStream and xMD. Here is the list of Top 10 competitors of Element Biosciences, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	10X Genomics 2012, Pleasanton (United States), Public	Developer of single-cell, spatial, and in situ tools for high-resolution biological analysis	$243M	Fidelity Investments, Meritech & 14 others	77/100
2nd	Element Biosciences 2017, San Diego (United States), Series E	Developer of benchtop DNA sequencer for research applications	$853M	Meritech, Foresite Capital & 12 others	64/100
3rd	BioStream 2016, Minato (Japan), Unfunded	Provider of advanced solutions for life science research applications and support	-	-	32/100
4th	xMD 2015, Baltimore (United States), Seed	Developer of laboratory instruments and consumables for life science research	$775K	TEDCO, Gore Range Capital & 2 others	31/100
5th	BioInnovations 2010, Mumbai (India), Unfunded	Provider of sequencing solutions to various areas of life science	-	-	29/100
6th	Esya Labs 2017, United Kingdom, Seed	Developer of nanotechnology-based nucleic acid diagnostics for early detection of diseases	$217K	-	28/100
7th	Aptaca 1976, Canelli (Italy), Unfunded	Provider of disposable and reusable products for clinical laboratories	-	-	27/100
8th	BioClavis 2016, Glasgow (United Kingdom), Funding Raised	Developer of a transcriptomic/genomic platform for precision diagnostics	-	Europa	25/100
9th	Harbinger 2007, Toronto (Canada), Unfunded	Instruments for high throughput protein expression and optimization	-	-	24/100
10th	Bioruptor 2012, Denville (United States), Unfunded	Provider of application for nucleic acid shearing, extraction and methylation	-	-	24/100

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Element Biosciences has acquired Loop Genomics. Element Biosciences has not made any investments as of now.

Here is the latest report on Element Biosciences's sector:

Free

Life Sciences Platforms and Tools - Sector Report

Edition: June, 2026 (73 Pages)

View all reports related to Element Biosciences

Media has covered Element Biosciences for a total of 13 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.