GGenVault stores and manages biological samples and genetic material at room temperature, offering a cost- and space-efficient alternative to traditional freezer storage. Its product lineup includes chemically treated papers and plates for collecting and storing samples, plus automated systems for handling, archiving, and retrieving them. The core idea is to stabilize DNA and RNA without refrigeration so samples stay viable over the long term, even in power outages. This differentiates GenVault from competitors by combining ambient-temperature preservation with automated sample management, reducing energy use and freezer maintenance costs. The company aims to provide scalable, reliable biosample storage and management that supports longitudinal research, drug discovery, and clinical diagnostics while cutting environmental and financial costs.
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Industries
Company Size
11-50
Company Stage
Acquired
Total Funding
$85.6M
Headquarters
West Deptford Township, New Jersey
Founded
2001
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Total Funding
$85.6M
Meets
Industry Average
Funded Over
8 Rounds
WEST DEPTFORD, N.J., August 09, 2023--( BUSINESS WIRE )-- GenVault, one of the nation's most secure, comprehensive commercial facilities for bioinventory storage and transport, announces the appointment of Andrew Lee as executive director.
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Industries
Company Size
11-50
Company Stage
Acquired
Total Funding
$85.6M
Headquarters
West Deptford Township, New Jersey
Founded
2001
Find jobs on Simplify and start your career today