Medicinal Genomics

Woburn, United States Founded: 2011 • Age: 15 yrs Acquired By Courtagen
Provider of cannabis sequencing services
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About Medicinal Genomics

Medicinal Genomics is a company based in Woburn (United States) founded in 2011 was acquired by Courtagen in January 2012.. Medicinal Genomics has raised $7.69 million across 2 funding rounds from investors including Courtagen. Medicinal Genomics offers products and services including PathoSEEK® qPCR Detection Assays, MaGiC Lysis Kits, FemINDICAtor® qPCR Plant Gender Detection Assay, and SenSATIVAx® DNA Purification Kits. Medicinal Genomics operates in a competitive market with competitors including Benson Hill, Cibus, Pairwise, Inari and Ceres, among others.

  • Headquarter Woburn, United States
  • Sectors
    Healthcare
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Medicinal Genomics Corps
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Health Technology & Digital Health
Agriculture → Agricultural Technology & Innovation
Agriculture → Forestry & Sustainable Resources
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.69 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.68 M (USD), Series A

    Apr 06, 2021

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Courtagen

    (Jan 18, 2012)

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Products & Services of Medicinal Genomics

Medicinal Genomics offers a comprehensive portfolio of products and services, including PathoSEEK® qPCR Detection Assays, MaGiC Lysis Kits, FemINDICAtor® qPCR Plant Gender Detection Assay, and SenSATIVAx® DNA Purification Kits. 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.

Primary

Detects pathogens in cannabis plants using qPCR technology.

Prepares samples for genomic analysis in plant testing.

Identifies plant gender early to optimize breeding processes.

Purifies DNA for accurate microbial and genetic testing.

People of Medicinal Genomics
Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Sam Hindmarsh
Director Of Business Development, CannMed Events
People
Timothy Olcott
Senior Vice President Operations
People
David Rapisarda
Operations Manager
People
Brendan M.
Chief Executive Officer & Board Member

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Funding Insights of Medicinal Genomics

Medicinal Genomics has successfully raised a total of $7.69M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.68 million completed in April 2021. 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 2
  • Last Round Series A — $2.7M
  • First Round

    (02 Nov 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2021 Amount Series A - Medicinal Genomics Valuation

investors

Nov, 2017 Amount Series A - Medicinal Genomics 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 Medicinal Genomics

Medicinal Genomics has secured backing from 1 investor. Prominent investors backing the company include Courtagen. 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
Investor Description Founded Year Domain Location
Provides solutions for neurological and metabolic disorders.
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 Medicinal Genomics

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

Financial Statements - Medicinal Genomics

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

Medicinal Genomics Comparisons

Employees
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Competitors of Medicinal Genomics

Medicinal Genomics 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 Benson Hill, Cibus, Pairwise, Inari and Ceres, 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
Provider of plant-based food ingredients
domain founded_year HQ Location
Gene editing solutions are provided for agriculture.
domain founded_year HQ Location
New crop varieties are developed using gene-editing for agrigenomics.
domain founded_year HQ Location
Breeding technology is provided by Inari to design seeds.
domain founded_year HQ Location
Beers are produced and branded by Ceres in Italy.
domain founded_year HQ Location
Developer of a predictive breeding platform to identify crop traits and build crop models
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.

Frequently Asked Questions about Medicinal Genomics

When was Medicinal Genomics founded?

Medicinal Genomics was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is Medicinal Genomics located?

Medicinal Genomics is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.

Is Medicinal Genomics a funded company?

Medicinal Genomics is a funded company, having raised a total of $7.69M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Nov 02, 2017.

What does Medicinal Genomics do?

Medicinal Genomics was founded in 2011 and is based in Woburn, United States. Cannabis sequencing services are offered, including a DNA database for the plant. Fingerprinting assays are planned, encompassing DNA purification, gender testing, and microbial testing. These support strain genotyping and sequencing for development in the genomics sector.

Who are the top competitors of Medicinal Genomics?

Medicinal Genomics's top competitors include Benson Hill, Cibus and Inari.

What products or services does Medicinal Genomics offer?

Medicinal Genomics offers PathoSEEK® qPCR Detection Assays, MaGiC Lysis Kits, FemINDICAtor® qPCR Plant Gender Detection Assay, and SenSATIVAx® DNA Purification Kits.

Who are Medicinal Genomics's investors?

Medicinal Genomics has 1 investor. Key investors include Courtagen.

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