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Industries
AI & Machine Learning
Biotechnology
Healthcare
Company Size
201-500
Company Stage
IPO
Headquarters
Emeryville, California
Founded
2016
Metagenomi focuses on developing new genome editing tools for genetic medicine. The company explores natural environments to discover and analyze genetic material, which is then sequenced and engineered into potential therapeutics. By utilizing artificial intelligence and high-throughput screening, Metagenomi can quickly identify efficient and specific genome editing tools from billions of novel proteins. This approach sets them apart from competitors who may not leverage such advanced technologies. The goal of Metagenomi is to create curative treatments for diseases through gene editing, aiming to make a significant impact in the healthcare sector.
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Total Funding
$470.1M
Above
Industry Average
Funded Over
3 Rounds
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Performance Bonus
Stock Options
Hemophilia A presentation at American Society of Hematology (ASH) 66th Annual Meeting demonstrated sustained Factor VIII (FVIII) activity in nonhuman primate (NHP) study for more than 16 months Leveraged hemophilia A albumin platform to achieve in vivo proof-of-concept in multiple secreted protein deficiencies to support wholly-owned follow-on program Progressed four Wave 1 Ionis targets to lead optimization with plans to declare one to two development candidates (DCs) in 2025 Well capitalized with $248.3 million in cash, cash equivalents and available-for-sale marketable securities at the end of Q4 2024; Cash runway anticipated to support operating plans into 2027 EMERYVILLE, Calif., March 17, 2025 (GLOBE NEWSWIRE) -- Metagenomi, Inc. (Nasdaq: MGX), a precision genetic medicines company committed to developing curative therapeutics for patients using its proprietary gene editing toolbox, today reported financial results for the full year ended December 31, 2024, and provided business updates. “Our diverse and modular AI-driven metagenomics platform is designed to precisely target any site in the human genome, yielding the potential to address the full spectrum of genetic diseases,” said Brian C. Thomas, PhD, CEO and founder of Metagenomi. “In 2024, we made significant progress toward our goal of developing curative genetic medicines for patients. We progressed MGX-001, our potentially transformative treatment for hemophilia A, and leveraged the MGX-001 platform to advance an additional wholly-owned program for an undisclosed secreted protein deficiency disorder
Metagenomi (Nasdaq: MGX), a precision genetic medicines company, has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference.
METAGENOMI ALERT: Bragar Eagel & Squire, P.C. Reminds investors that a class action lawsuit has been filed against Metagenomi, Inc. and encourages investors to contact the firm.
MGX INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC announces that Metagenomi, Inc. investors with substantial losses have opportunity to lead Class Action lawsuit!
Glancy Prongay & Murray LLP reminds investors of looming deadline in the Class action lawsuit against Metagenomi, Inc. (MGX).
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Industries
AI & Machine Learning
Biotechnology
Healthcare
Company Size
201-500
Company Stage
IPO
Headquarters
Emeryville, California
Founded
2016
Find jobs on Simplify and start your career today
Discover companies similar to Metagenomi