Tech Company Financing Transactions
Omniome Funding Round
Omniome, operating out of San Diego, secured $60 million from Decheng Capital, Hillhouse Capital Group and Altitude Life Science Ventures.
Transaction Overview
Company Name
Announced On
7/31/2018
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Investors
Proceeds Purpose
A portion of the proceeds from the financing will be used to expand the company's capabilities by hiring new team members across multiple disciplines, particularly in engineering, and building out additional research and production capacity.
Company Information
Company Status
Acquired or Merged
Industry
Healthcare Services
Mailing Address
6965 Lusk Blvd.
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Not Recorded
Overview
At Omniome, we are developing a proprietary DNA sequencing platform capable of delivering unsurpassed sequencing accuracy. The accuracy of our novel sequencing approach has the potential to advance cancer diagnostics, drive higher fidelity for single-cell applications, and broadly enable clinical sequencing--even in regions of the genome prone to sequencing errors.
Management Team
Title
Name
Email & Social
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