Metagenomi

Metagenomi

Develops genome editing tools for therapeutics

About Metagenomi

Simplify's Rating
Why Metagenomi is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

AI & Machine Learning

Biotechnology

Healthcare

Company Size

201-500

Company Stage

IPO

Total Funding

$366.1M

Headquarters

Emeryville, California

Founded

2016

Overview

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 significantly impact healthcare providers and patients in need.

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Simplify's Take

What believers are saying

  • Increased interest in metagenomics is driving investment in companies like Metagenomi.
  • The trend towards personalized medicine boosts demand for precise genome editing tools.
  • Metagenomi's partnership with Ionis could potentially lead to a $3 billion deal.

What critics are saying

  • Class action lawsuits could lead to financial liabilities and damage Metagenomi's reputation.
  • The termination of the Moderna partnership may impact Metagenomi's financial projections.
  • Lack of clinical-stage candidates contributed to a 31% drop in Metagenomi's stock price.

What makes Metagenomi unique

  • Metagenomi uses metagenomics and AI to discover novel genome editing systems.
  • The company sources genetic material from unexplored natural environments for unique discoveries.
  • Metagenomi's gene editing systems are ultra-small, efficient, and have reduced immune response risks.

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Funding

Total Funding

$366.1M

Above

Industry Average

Funded Over

3 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Performance Bonus

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

14%
Stock Titan
Jan 8th, 2025
Metagenomi to Present at the 43rd Annual J.P. Morgan Healthcare Conference

Metagenomi (Nasdaq: MGX), a precision genetic medicines company, has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference.

GlobeNewswire
Nov 6th, 2024
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

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.

Accesswire
Nov 5th, 2024
MGX INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Metagenomi, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

MGX INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC announces that Metagenomi, Inc. investors with substantial losses have opportunity to lead Class Action lawsuit!

Business Wire
Oct 2nd, 2024
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Metagenomi, Inc. (MGX)

Glancy Prongay & Murray LLP reminds investors of looming deadline in the Class action lawsuit against Metagenomi, Inc. (MGX).

Daily Guardian
Sep 27th, 2024
Investor Notice: Robbins LLP Informs Stockholders of the Class Action Lawsuit Filed Against Metagenomi Inc.

Investor notice: Robbins LLP informs stockholders of the class action lawsuit filed against Metagenomi Inc.

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