Diagenode

Seraing, Belgium Founded: 2003 • Age: 23 yrs Acquired By Hologic
Reagents and kits for epigenetics sequencing solutions are developed.
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About Diagenode

Diagenode is a company based in Seraing (Belgium) founded in 2003 was acquired by Hologic in March 2021.. Diagenode has raised $8.45 million across 12 funding rounds from investors including Hologic, European Union and Capricorn Partners. The company has 99 employees as of March 31, 2020. Diagenode has completed 1 acquisition, including NXT-Dx. Diagenode operates in a competitive market with competitors including Arbor Biotechnologies, Sino Biological, Singleron, GenScript and OncoDNA, among others.

  • Headquarter Seraing, Belgium
  • Employees 99 as on 31 Mar, 2020
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Diagenode
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
    $19.53 M (USD)
    9
    as on Mar 31, 2020
  • Net Profit
    $-1 M (USD)
    -452
    as on Mar 31, 2020
  • EBITDA
  • Total Equity Funding
    $8.45 M (USD)

    in 12 rounds

  • Latest Funding Round
    $117.75 K (USD), Grant

    Sep 01, 2019

  • Investors
    Hologic

    & 5 more

  • Employee Count
    99

    as on Mar 31, 2020

  • Investments & Acquisitions
  • Acquired by
    Hologic

    (Mar 01, 2021)

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Funding Insights of Diagenode

Diagenode has successfully raised a total of $8.45M across 12 strategic funding rounds. The most recent funding activity was a Grant round of $117.75 thousand completed in September 2019. 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
  • Total Rounds 12
  • Last Round Grant — $117,749
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Grant - Diagenode Valuation

investors

Jul, 2019 Amount Grant - Diagenode Valuation

investors

Jun, 2019 Amount Grant - Diagenode Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Diagenode

Diagenode has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Hologic, European Union and Capricorn Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Buyouts are pursued by SRIW as a private equity firm.
Founded Year Domain Location
Investments are directed by Capricorn Partners into European tech ventures.
Founded Year Domain Location
Épimède is engaged in investing in high-growth technological SMEs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Diagenode

Diagenode has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NXT-Dx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Epigenetics services are offered to life science researchers.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Diagenode

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Diagenode Comparisons

Employees
+
Add Comparison
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Competitors of Diagenode

Diagenode operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arbor Biotechnologies, Sino Biological, Singleron, GenScript and OncoDNA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Genomic technologies and drug discovery platforms are provided.
domain founded_year HQ Location
Reagents and kits are provided for clinical research applications.
domain founded_year HQ Location
Developer of single-cell multi-omics platform for clinical research and molecular diagnosis
domain founded_year HQ Location
Reagents and instruments are provided for life sciences research.
domain founded_year HQ Location
Genomic and theranostic services for oncology precision medicine are delivered.
domain founded_year HQ Location
Proprietary reagents for single-cell genetic analysis are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Diagenode

Frequently Asked Questions about Diagenode

When was Diagenode founded?

Diagenode was founded in 2003 and raised its 1st funding round 11 years after it was founded.

Where is Diagenode located?

Diagenode is headquartered in Seraing, Belgium. It is registered at Seraing, Liege, Belgium.

Is Diagenode a funded company?

Diagenode is a funded company, having raised a total of $8.45M across 12 funding rounds to date. The company's 1st funding round was a Grant of $287.04K, raised on Jun 01, 2014.

How many employees does Diagenode have?

As of Mar 31, 2020, the latest employee count at Diagenode is 99.

What is the annual revenue of Diagenode?

Annual revenue of Diagenode is $19.53M as on Mar 31, 2020.

What does Diagenode do?

Diagenode develops epigenetics solutions and services for life science research. Its flagship product IP-Star Compact is an automated bench-top solution for high-throughput epigenetic sequencing. It has automated protocols for chromatin immunoprecipitation (ChIP), methylated DNA immunoprecipitation (MeDIP), hydroxymethylated DNA immunoprecipitation (hMeDIP), methyl-binding domain protein capture assays (MethylCap), sequential ChIP (Re-ChIP), bisulfite conversion and DNA immunoprecipitation (RNA-IP). In addition, the company provides epigenetic sequencing services, reagents, kits, bioinformatics software associated with IP-Star.

Who are the top competitors of Diagenode?

Diagenode's top competitors include Arbor Biotechnologies, Sino Biological and OncoDNA.

How many acquisitions has Diagenode made?

Diagenode has made 1 acquisition, including NXT-Dx.

Who are Diagenode's investors?

Diagenode has 6 investors. Key investors include Hologic, European Union, Capricorn Partners, SRIW, and Ostbelgieninvest.

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