Ultima Genomics

Ultima Genomics

High-throughput genomic sequencing services

About

Ultima Genomics improves human health through advanced genomic sequencing technologies that process large amounts of genetic data. The company’s unique sequencing architecture allows for extensive data collection, detection of small genetic variations, and routine testing for early disease detection. Clients, including researchers and healthcare providers, benefit from high-quality genomic information essential for research and clinical applications. Ultima Genomics aims to enable significant advancements in understanding and treating diseases.

Company Stage

Late Stage VC

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$587.7M

Headquarters

Newark, New Jersey

Founded

2016


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Simplify's Take

What believers are saying

  • Partnerships with Labcorp and Hartwig enhance cancer diagnostics and treatment.
  • Experienced leadership additions drive operational excellence and commercial adoption.
  • UG 100's cost-effectiveness democratizes access to genomic data.

What critics are saying

  • Competition from Illumina and BGI may impact market share.
  • Rapid technological advancements could render current technologies obsolete.
  • High development costs may strain financial resources if growth lags.

What makes Ultima Genomics unique

  • Ultima Genomics offers ultra-high throughput sequencing with the UG 100 system.
  • Their open silicon wafer substrate reduces sequencing costs significantly.
  • The UG 100 system enables the era of the $100 genome.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

-7%

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