About EraGen Biosciences
EraGen Biosciences is a company based in Madison (United States) founded in 1994 was acquired by Luminex in June 2011.. EraGen Biosciences has raised $12 million across 2 funding rounds from investors including Novartis, Luminex Corporation and HHS. EraGen Biosciences operates in a competitive market with competitors including ArcherDX, Inscripta, GenScript, OncoDNA and Sino Biological, among others.
- Headquarter Madison, 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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Funding Insights of EraGen Biosciences
EraGen Biosciences has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $99.96 thousand completed in September 2008. 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 2
- Last Round Grant — $99,960
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First Round
First Round
(09 Jan 2006)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2008 | Amount | Grant - EraGen Biosciences | Valuation |
investors |
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| Jan, 2006 | Amount | Series A - EraGen Biosciences | Valuation | First Analysis , Prolog Ventures |
| 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 |
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Investors in EraGen Biosciences
EraGen Biosciences has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Novartis, Luminex Corporation and HHS. 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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Venture capital and transaction advisory services for B2B tech companies.
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Health-focused venture capital investments are made in US sectors.
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US private equity investments are managed by Stonehenge Capital.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 EraGen 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 - EraGen 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 |
Eragen Biosciences Comparisons
Competitors of EraGen Biosciences
EraGen 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 ArcherDX, Inscripta, GenScript, OncoDNA and Sino Biological, 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 |
Molecular cancer diagnostic products are developed using patented AMP technology.
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| domain | founded_year | HQ Location |
Speech recognition solutions are provided by Inscripta for healthcare professionals.
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| domain | founded_year | HQ Location |
Reagents and instruments are provided for life sciences research.
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| domain | founded_year | HQ Location |
Genomic and theranostic services for oncology precision medicine are delivered.
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| domain | founded_year | HQ Location |
Reagents and kits are provided for clinical research applications.
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Develops tools and products for research and clinical application
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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 Eragen Biosciences
Frequently Asked Questions about EraGen Biosciences
When was EraGen Biosciences founded?
EraGen Biosciences was founded in 1994 and raised its 1st funding round 12 years after it was founded.
Where is EraGen Biosciences located?
EraGen Biosciences is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Is EraGen Biosciences a funded company?
EraGen Biosciences is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Jan 09, 2006.
What does EraGen Biosciences do?
EraGen Biosciences was founded in 1994 in Madison, United States, operating in the biotechnology sector. Molecular diagnostic assays and reagents for early detection of cancer, genetic, and infectious diseases are developed, manufactured, and marketed for research and clinical use. Analysis software, including MultiCode-PLx and MultiCode-RTx, is provided to support customized testing. Products are distributed through partners in the United States and Canada. Acquisition by Luminex Corporation occurred in 2011.
Who are the top competitors of EraGen Biosciences?
EraGen Biosciences's top competitors include Sino Biological, OncoDNA and ArcherDX.
Who are EraGen Biosciences's investors?
EraGen Biosciences has 6 investors. Key investors include Novartis, Luminex Corporation, HHS, First Analysis, and Prolog Ventures.