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Nomic

high-throughput proteomics platform employing nELISA

Overview

Nplex Biosciences develops proteomics tools using nanotechnology, including the nELISA platform for high-throughput protein measurement. The platform uses DNA nanotechnology to identify proteins on micron-sized beads, enabling miniaturized, highly parallel immunoassays. It differentiates itself by combining DNA-based protein identification with bead-based assays and a scalable, cost-efficient workflow that lowers the cost of antibody-based proteomics. Its goal is to provide a reliable, scalable proteomics platform that supports drug discovery, biomarker discovery, and personalized medicine.

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About Nomic

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

Industries

BiotechnologyHealthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$60.1M

Headquarters

Montreal, Canada

Founded

2017

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Simplify's Take

What believers are saying

  • Nomic and Broad Clinical Labs target broader commercialization starting in early 2027.
  • June 2026 Sanger and HESI OASIS collaborations expand high-value dataset generation.
  • September 2024's $42 million Series B lifted total funding above $60 million.

What critics are saying

  • Illumina bought SomaLogic in January 2026, strengthening a much larger proteomics rival.
  • Olink and SomaLogic already own distribution, squeezing Nomic's pricing and sales cycles.
  • If pharma adoption stalls before 2027, Nomic stays a niche services business.

What makes Nomic unique

  • nELISA delivers 99.99% specificity and 0.1 pg/mL sensitivity at 1,000-plus samples daily.
  • Omni 1000 packages 1,000 curated assays with absolute quantification for discovery workflows.
  • Nature Methods publication and Nomic Portal datasets validate scalable protein profiling workflows.

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Funding

Total Funding

$60.1M

Above

Industry Average

Funded Over

4 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
Above Average

Industry standards

$35M
$42M
$45M
$65M
$100M

Benefits

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

4%
Yahoo Finance
Sep 19th, 2024
Nomic® Secures $42M in Oversubscribed Series B to Expand Access to Protein Profiling

MONTREAL, September 17, 2024--Nomic Bio ("Nomic"), the Protein Profiling company, today announces the completion of an oversubscribed $42 million Series B funding round. The fresh capital will enable Nomic to accelerate the expansion of its commercial operations, further invest in advancing its state-of-the-art protein profiling platform, and broaden its transformative offerings to meet growing demand.

BetaKit
Mar 18th, 2020
11 Canadian companies in Y Combinator’s Winter 2020 Demo Day

This week, Y Combinator (YC) held its Winter 2020 Demo Day, the 30th for the Silicon Valley incubator. To minimize health concerns during the COVID-19 outbreak, YC opted to host the demo day online. For this cohort, 16 Canadian startups participated.

TechCrunch
Mar 17th, 2020
All the companies from Y Combinator’s W20 Demo Day, Part IV: Healthcare, Biotech, Fintech and Nonprofits

Y Combinator’s Demo Day was a bit different this time around.

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