Genomadix - About the company
Genomadix is a seed company based in Ottawa (Canada), founded in 2021 by Paul Lem. It operates as a Developer of a portable molecular analyzer for diagnostic purposes. Genomadix has raised an undisclosed amount in funding from Mayo Clinic. The company has 78 active competitors, including 18 funded and 17 that have exited. Its top competitors include companies like Twist Bioscience, Ansa Biotechnologies and NTxBio.
Company Details
Developer of a portable molecular analyzer for diagnostic purposes. The company has developed a "Genomadix Cube" that uses the gold standard of Polymerase Chain Reaction (PCR) to detect the increased fluorescence and automatically generate a test result. It is used for the detection of COVID-19 and bacterial strains.
- Website
- genomadix.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2021
Location
Ottawa, Canada
Stage
Seed
Latest Funding Round
Investors
Ranked
17th among 78 active competitors
Employee Count
40 as on Sep 30, 2026
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Genomadix's funding and investors
Genomadix has raised funding over 2 rounds. Its first funding round was on Jul 19, 2022. Its latest funding round was a Seed round on Aug 30, 2022 for $*****. 1 investor participated in its latest round. Genomadix has 2 institutional investors.
Here is the list of recent funding rounds of Genomadix:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 30, 2022 | 1989053 | Seed | 4904775 | 3080653 | 3568857 | 6509637 |
Jul 19, 2022 | 2842089 | Seed | 4852942 | 4012899 | 3801183 |
View details of Genomadix's funding rounds and investors
Genomadix's founders and board of directors
Founder? Claim ProfileThe founders of Genomadix is Paul Lem. Steve Edgett is the CEO of Genomadix.
Here are the details of Genomadix's key team members:
- Paul Lem: Chief Medical Officer & Founder of Genomadix.
- Steve Edgett: CEO of Genomadix.
View details of Genomadix's Founder profiles and Board Members
Genomadix's employee count trend
Genomadix has 40 employees as of Sep 26. Here is Genomadix's employee count trend over the years:
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Genomadix's Competitors and alternates
Top competitors of Genomadix include Twist Bioscience, Ansa Biotechnologies and NTxBio. Here is the list of Top 10 competitors of Genomadix, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Twist Bioscience 2013, San Francisco (United States), Public | Developer of a semiconductor-based DNA synthesis platform | $321M | 74/100 | |
2nd | Ansa Biotechnologies 2017, Berkeley (United States), Series B | Provider of DNA synthesis technology using enzymes | $177M | 66/100 | |
3rd | NTxBio 2016, Santa Fe (United States), Series B | Developer of automated cell free systems for RNA protein production | $85.1M | 61/100 | |
4th | Stilla Technologies 2013, Villejuif (France), Acquired | Developer of digital PCR solution for research | $53.1M | 61/100 | |
5th | Manufacturer of automated molecular diagnostic systems for oncology biomarker testing | $305M | 58/100 | ||
6th | Camena Bioscience 2016, Cambridge (United Kingdom), Series A | Developer of a nucleic acid synthesis technology platform | $10M | 56/100 | |
7th | DNA Script 2014, Paris (France), Series C | Developer of benchtop DNA printer for nucleic acid synthesis | $315M | 54/100 | |
8th | GenMark Diagnostics 1993, San Diego (United States), Acquired | Provider of instruments and test panels for multiplexed molecular diagnostics | $8.56M | 54/100 | |
9th | Sensible Biotechnologies 2021, Wilmington (United States), Series A | Developer of mRNA technology for therapeutics and vaccines | $51.3M | 50/100 | |
10th | OriCiro Genomics 2018, Tokyo (Japan), Acquired | Developer of technologies for DNA synthesis and amplification | $10.9M | 48/100 | |
17th | Developer of a portable molecular analyzer for diagnostic purposes | - | 39/100 |
Looking for more details on Genomadix's competitors? Click here to see the top ones
Genomadix's Investments and acquisitions
Genomadix has made no investments or acquisitions yet.
Reports related to Genomadix
Here is the latest report on Genomadix's sector:
News related to Genomadix
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Genomadix Gets FDA 510(k) Clearance for Point-of-Care PCR System, CYP2C19 Test360Dx•Mar 23, 2023•Genomadix
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Mayo Clinic acquires equity stake in rapid COVID test-maker GenomadixOttawa Business Journal•Aug 30, 2022•Mayo Clinic, Genomadix
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Genomadix, Mayo Clinic Collaborate on Point-of-Care PCRGenomeWeb•Aug 30, 2022•Genomadix, Mayo Clinic
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Genomadix Inc. Announces Know-How License Agreement with Mayo ClinicCNW•Aug 29, 2022•Genomadix, Mayo Clinic
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