About Element Biosciences
Element Biosciences is a company based in Sunnyvale (United States) founded in 2015 was acquired by Element Biosciences in February 2022. It operates as a Product-as-a-Service, and Direct-to-Consumer (D2C). Element Biosciences has raised $8.12 million across 3 funding rounds from investors including Element Biosciences, Khosla Ventures and Wilson Sonsini Goodrich & Rosati. Element Biosciences offers products and services including AVITI24, Cloudbreak Sequencing Kits, and ElemBio Cloud. Element Biosciences operates in a competitive market with competitors including Nanopore, PacBio, Omniome, Complete Genomics and GenapSys, among others.
- Headquarter Sunnyvale, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Element Biosciences
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.12 M (USD)
in 3 rounds
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Latest Funding Round
$8 M (USD), Series A
Nov 01, 2018
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Investors
Element Biosciences
& 6 more
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Employee Count
Employee Count
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Acquired by
Element Biosciences
(Feb 08, 2022)
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Products & Services of Element Biosciences
Element Biosciences offers a comprehensive portfolio of products and services, including AVITI24, Cloudbreak Sequencing Kits, and ElemBio Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced system for 5D multiomics biological analysis.
Kits designed for high-quality sequencing applications.
Platform for managing and analyzing sequencing data.
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Funding Insights of Element Biosciences
Element Biosciences has successfully raised a total of $8.12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in November 2018. 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 Funding
- Total Rounds 3
- Last Round Series A — $8.0M
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First Round
First Round
(01 Nov 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series A - Element Biosciences | Valuation | Khosla Ventures , Fusion Fund | |
| Feb, 2018 | Amount | Seed - Element Biosciences | Valuation |
investors |
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| Nov, 2015 | Amount | Seed - Element Biosciences | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Element Biosciences
Element Biosciences has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Element Biosciences, Khosla Ventures and Wilson Sonsini Goodrich & Rosati. 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.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Investment in early-stage startups focusing on healthcare, AI, and industrial technology.
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Founded Year | Domain | Location | |
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Venture capital firm focused on software, fintech, marketplaces, and consumer internet
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Element Biosciences
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Element Biosciences
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Element Biosciences Comparisons
Competitors of Element Biosciences
Element Biosciences 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 Nanopore, PacBio, Omniome, Complete Genomics and GenapSys, 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 |
Nanopore-based electronic systems for single-molecule analysis are developed.
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| domain | founded_year | HQ Location |
Instrument systems and software for single-molecule real-time sequencing are developed.
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| domain | founded_year | HQ Location |
Genome sequencing platform is provided for clinical diagnostics.
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| domain | founded_year | HQ Location |
DNA sequencing platform for human genome analysis is developed.
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| domain | founded_year | HQ Location |
Provider of DNA sequencing technologies for applied genomic testing and medical sequencing
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| domain | founded_year | HQ Location |
Developer of nucleic acid detection and quantification systems
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Element Biosciences
Frequently Asked Questions about Element Biosciences
When was Element Biosciences founded?
Element Biosciences was founded in 2015.
Where is Element Biosciences located?
Element Biosciences is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Is Element Biosciences a funded company?
Element Biosciences is a funded company, having raised a total of $8.12M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Nov 01, 2015.
What does Element Biosciences do?
Element Biosciences is engaged in developing innovative genomic sequencing solutions. The company operates within the biotechnology sector, offering instruments, reagents, kits, and software for multiomics research. Products like AVITI24 enable spatial and single-cell co-detection of RNA, protein, and morphology. Their technology supports applications in DNA and RNA sequencing, long-read sequencing, and focus areas such as agricultural biology and pharmaceuticals. Solutions are designed to provide high-quality, affordable sequencing for scientific communities.
Who are the top competitors of Element Biosciences?
What products or services does Element Biosciences offer?
Element Biosciences offers AVITI24, Cloudbreak Sequencing Kits, and ElemBio Cloud.
Who are Element Biosciences's investors?
Element Biosciences has 7 investors. Key investors include Element Biosciences, Khosla Ventures, Wilson Sonsini Goodrich & Rosati, Fusion Fund, and DN Capital.
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