Tech Company Financing Transactions

54gene Funding Round

Adjuvant Capital, Bill & Melinda Gates Foundation and Novartis Venture Fund participated in a $15 million Series A capital raise for 54gene. The round was announced on 4/16/2020.

Transaction Overview

Company Name
Announced On
4/16/2020
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Proceeds Purpose
The investment secured today will allow the company to scale operations in support of generating novel insights from human genetics research that result in high impact discoveries for improving human health through therapeutic development.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
17 Sybil Iroche Lekki Phase1
Lagos, 101233
Nigeria
Email Address
Overview
54gene was founded in 2019 by Dr. Abasi Ene-Obong to address the significant gap in the global genomics market; Nearly 90% of genetic material used in pharmaceutical research is Caucasian. Only 2% is African, despite the fact that Africans and people of African ancestry are more genetically diverse than all other world populations combined.
Profile
54gene LinkedIn Company Profile
Social Media
54gene Company Twitter Account
Company News
54gene News
Facebook
54gene on Facebook
YouTube
54gene on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Abasi Ene-Obong
  Abasi Ene-Obong LinkedIn Profile  Abasi Ene-Obong Twitter Account  Abasi Ene-Obong News  Abasi Ene-Obong on Facebook
Chief Operating Officer
Delali Attipoe
  Delali Attipoe LinkedIn Profile  Delali Attipoe Twitter Account  Delali Attipoe News  Delali Attipoe on Facebook
Vice President
Estelle Dogbo
  Estelle Dogbo LinkedIn Profile  Estelle Dogbo Twitter Account  Estelle Dogbo News  Estelle Dogbo on Facebook
Vice President
Aminu Yakubu
  Aminu Yakubu LinkedIn Profile  Aminu Yakubu Twitter Account  Aminu Yakubu News  Aminu Yakubu on Facebook
VP - Bus. Development
Jessica Rich
  Jessica Rich LinkedIn Profile  Jessica Rich Twitter Account  Jessica Rich News  Jessica Rich on Facebook
VP - Engineering
Francis Osifo
  Francis Osifo LinkedIn Profile  Francis Osifo Twitter Account  Francis Osifo News  Francis Osifo on Facebook
VP - Operations
Zara Modibbo
  Zara Modibbo LinkedIn Profile  Zara Modibbo Twitter Account  Zara Modibbo News  Zara Modibbo on Facebook
VP - Regulatory Affairs
Kemi Williams
  Kemi Williams LinkedIn Profile  Kemi Williams Twitter Account  Kemi Williams News  Kemi Williams on Facebook


 

 

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