Alida Biosciences

San Diego, United States Founded: 2020 • Age: 6 yrs
Technology for RNA analysis is provided to advance human health.

About Alida Biosciences

Alida Biosciences is a Healthcare company based in San Diego (United States) founded in 2020 by Byron Purse. Technology for RNA analysis is provided to advance human health. Alida Biosciences has raised $11.52 million across 6 funding rounds from investors including HHS, Genoa Ventures and FusionX Ventures. The company has 17 employees. Alida Biosciences offers products and services including EpiPlex Platform and EpiScout Software. Its focus areas include Life Sciences, Genomics, Applied Genomics and Clinical Genomics. Its legal entity is Alida Biosciences Inc. Its competitors include Veracyte, Cajal Neuroscience and Cofactor Genomics; 3 of its 3 listed competitors have raised funding.

Company details

Alida Biosciences was founded in 2020 in San Diego, United States, within the biotechnology sector focused on RNA biology. Technologies for RNA analysis are developed and offered to support the creation of medical treatments and diagnostic assays. Operations center on advancing RNA-based solutions to address health challenges, with a presence in the U.S. research ecosystem.

  • Headquarters San Diego, United States
  • Employees 17
  • Founders Byron Purse
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website alidabio.com
  • Social LinkedIn
  • Legal Name Alida Biosciences Inc.
Key Metrics
  • Total Equity Funding
    $11.52M (USD)

    in 6 rounds

  • Latest Funding Round
    $7.52M (USD), Series A

    Jun 2024

  • Investors
    HHS

    & 3 more

  • Employee Count
    17

Products & Services of Alida Biosciences

Alida Biosciences offers a comprehensive portfolio of products and services, including EpiPlex Platform and EpiScout Software.

EpiPlex Platform
RNA Modification Detection

Enables mapping and quantifying RNA modifications in sequencing workflows.

EpiScout Software
Data Analysis Software

Uses machine learning to transform sequencing data into biological insights.

Funding Insights of Alida Biosciences

Alida Biosciences has successfully raised a total of $11.52M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $7.52 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $11.52M
  • Total Rounds 6
  • Last Round Series A β€” $7.52M
  • First Round $1.99M

    (Aug 2021)

  • Investors Count 4

All 6 funding rounds of Alida Biosciences with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2024$7.52MSeries A–Genoa Ventures
May 2023$1.43MGrant––
Jul 2022$259,554Grant––
Jun 2022$2.47MGrant––
May 2022$4MSeries A––
–
Aug 2021$1.99MGrant––
Valuation history

4 investors in total: 4 institutional.

Investors in Alida Biosciences

Alida Biosciences has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, Genoa Ventures and FusionX Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage VC firm focused on life science startups
genoavc.comSan Francisco, United States
FusionX Ventures is engaged in early-stage startup investments.
fusionxventures.comSan Diego, USA
Early-stage venture capital investments are made in specific industry verticals.
vvp.vcPalo Alto, United States
Public health and human services are overseen by HHS.
1953hhs.gov
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Investor details for Alida Biosciences

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People of Alida Biosciences

9 people are tracked at Alida Biosciences (4 in leadership, 5 in team); the tracked headcount is 17.

NameRoleGroup
Byron Purse
Co-FounderLeadership
Zachary Miles
Senior Director, Protein EngineeringLeadership
Gudrun Stengel
CEO & co-FounderLeadership
Eric Davis
Head Of Software And BioinformaticsLeadership
Quan Lam
Protein Engineering Scientist IITeam
Vito Adrian Cantu
Senior Bioinformatics ScientistTeam
Jerome Santos
Product ManagerTeam
Justin Kirstein
Associate Scientist 2Team
Jiani Niu
ScientistTeam
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Timeline of Alida Biosciences

3 dated milestones of Alida Biosciences across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Alida Biosciences is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series A, of $7.5M.

Competitors of Alida Biosciences

Alida Biosciences has 3 listed competitors in our database, 3 of them funded. They include Veracyte, Cajal Neuroscience and Cofactor Genomics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
veracyte.com2008San Francisco, United States$67.9M815
Genomics-based diagnostic tests for cancer are developed.
cajalneuro.com2020Seattle, United States$96M
Neurodegenerative disease drugs are developed through genetic screening and multi-omics.
cofactorgenomics.com2009San Francisco, United States$26.2M9
Diagnostic assays are developed using RNA sequencing technology.
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Detailed competitors of Alida Biosciences

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Web traffic of Alida Biosciences

The website of Alida Biosciences (alidabio.com) receives about 3.4K visits a month.

  • Monthly visits
    3.4K

    ▲ 63.4% vs previous month

Top companies in Genomics & Gene Therapy Platforms

3 companies that operate in the same segment as Alida Biosciences (Genomics & Gene Therapy Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Digital sequencing technology for cancer detection is developed.
2012Redwood City, California, United StatesUSD 557.5 MUSD 982.02 M4,867
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 2 BUSD 147.17 M1,141
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Related news about Alida Biosciences

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Frequently Asked Questions about Alida Biosciences

Alida Biosciences was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Alida Biosciences is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Alida Biosciences is a funded company, having raised a total of $11.52M across 6 funding rounds to date. The company's 1st funding round was a Grant of $1.99M, raised on Aug 2021.

Alida Biosciences has 17 employees.

Alida Biosciences was founded in 2020 in San Diego, United States, within the biotechnology sector focused on RNA biology. Technologies for RNA analysis are developed and offered to support the creation of medical treatments and diagnostic assays. Operations center on advancing RNA-based solutions to address health challenges, with a presence in the U.S. research ecosystem.

Alida Biosciences's top competitors include Veracyte, Cofactor Genomics and Cajal Neuroscience.

Alida Biosciences offers EpiPlex Platform and EpiScout Software.

Alida Biosciences has 4 investors. Key investors include HHS, Genoa Ventures, FusionX Ventures, and Vertical Venture Partners.

Alida Biosciences operates through Alida Biosciences Inc..

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