Elegen

Elegen

Custom DNA synthesis services for researchers

Overview

Elegen provides custom DNA synthesis services for researchers, biotech firms, and pharmaceutical companies, focusing on DNA manufacturing with fast turnaround and high accuracy. Clients submit DNA designs and Elegen’s synthesis platform produces the requested sequences with precise fidelity. Its differentiators include speed and precision, support for producing small molecules, biologics, antibodies, and cytokines, and an Early Access Program for early DNA breakthroughs. The goal is to accelerate the bioeconomy by speeding DNA manufacturing to enable faster development of mRNA medicines and other advanced therapeutics.

About Elegen

Simplify's Rating
Why Elegen is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$35M

Headquarters

San Carlos, California

Founded

2017

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Simplify's Take

What believers are saying

  • $35M Series B from Triatomic Capital and GSK expands ENFINIA for clinical use.
  • GSK collaboration leverages cell-free DNA for vaccines and medicines.
  • Nutcracker pilot advances fully cell-free RNA cancer therapeutics manufacturing.

What critics are saying

  • Twist Bioscience erodes cost advantages, capturing GSK pharma share in 6-12 months.
  • IDT partnership commoditizes ENFINIA, squeezing margins via GenScript competition.
  • Biosecure Act severs Agilent ties, halting GEN II production in 12-24 months.

What makes Elegen unique

  • Elegen's ENFINIA platform synthesizes high-complexity DNA in 10 business days.
  • Cell-free microfluidic technology enables ITRs, hairpins up to 100bp, and homopolymers.
  • Gen II platform eliminates plasmids with directed split-pool synthesis.

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Funding

Total Funding

$35M

Meets

Industry Average

Funded Over

1 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$35M
Elegen
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Short Term Disability

Long Term Disability

Parental Leave

Commuter Benefits

Fitness Allowance

Learning Allowance

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

5%
AZoLifeSciences
Jul 15th, 2025
Elegen and Nutcracker Therapeutics to Pilot First Fully Cell-Free Manufacturing Process for RNA-based Personalized Cancer Therapeutics

Elegen, a global leader in next-generation DNA manufacturing, and Nutcracker Therapeutics, a global leader in next-generation RNA design and manufacturing, today announced the launch of a pilot program to demonstrate the industry's first fully synthetic, cell-free manufacturing platform for RNA-based personalized cancer therapeutics (PCTs).

Health Technology Insights
May 7th, 2025
Elegen Expands ENFINIA Platform with IVT Ready DNA for RNA Development

Elegen, the leader in next-generation cell-free DNA manufacturing, announced the early access launch of ENFINIA IVT Ready DNA.

Genetic Engineering and Biotechnology News
Apr 2nd, 2025
IDT Lengthens DNA Offerings with Elegen Partnership

IDT lengthens DNA offerings with Elegen partnership.

CityBiz
May 16th, 2024
Elegen Raises $35M for DNA Synthesis

Elegen, a San Carlos, CA-based DNA synthesis company, raised $35M in Series B funding led by Triatomic Capital, with participation from GSK, John Ballantyne, and existing investors including Andreessen Horowitz. Peter Zhou of Triatomic Capital will join Elegen’s board. The funds will be used to expand the ENFINIA™ DNA product line for clinical development of genetic medicines. CEO Matthew Hill aims to accelerate DNA synthesis and streamline new clinical modalities.

FinSMEs
May 15th, 2024
Elegen Raises $35M in Series B Funding

Elegen, a San Carlos, CA-based company which specialises in DNA synthesis and production, raised $35M in Series B funding.

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