Elegen

Elegen

Custom DNA synthesis for biotech applications

About

Elegen focuses on improving the process of manufacturing synthetic DNA to meet the needs of the bioeconomy. The company provides custom DNA synthesis services to researchers, biotech companies, and pharmaceutical firms that require high-quality and complex synthetic DNA for various applications, including biomanufacturing and mRNA-based treatments. Elegen uses advanced technologies to ensure fast turnaround times and high accuracy in DNA synthesis, which are essential for its clients' projects. Unlike its competitors, Elegen not only streamlines traditional DNA manufacturing workflows but also enables the production of valuable biologics and therapeutics. The company's goal is to support the development of next-generation mRNA medicines and other advanced therapeutics by providing reliable and efficient DNA solutions.

Company Stage

Series B

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$34M

Headquarters

San Carlos, California

Founded

2017


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Simplify's Take

What believers are saying

  • Elegen raised $35M to expand its ENFINIA™ DNA product line for clinical use.
  • Partnership with GSK enhances Elegen's market position in genetic medicine development.
  • Growing demand for synthetic DNA in personalized medicine boosts Elegen's growth potential.

What critics are saying

  • Emerging startups in synthetic biology could threaten Elegen's market share.
  • Reliance on strategic partnerships like GSK poses risks if partnerships fail.
  • Supply chain issues in microfluidic components could delay Elegen's product delivery.

What makes Elegen unique

  • Elegen's ENFINIA™ DNA offers industry-leading speed and complexity in synthesis.
  • The company uses cell-free DNA production, reducing contamination risks significantly.
  • Elegen's Early Access Program provides clients with exclusive access to cutting-edge DNA technology.

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Growth & Insights
Headcount

6 month growth

21%

1 year growth

47%

2 year growth

125%

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