About PetaGene
PetaGene is a company based in Cambridge (United Kingdom) founded in 2015 by Alban Rrustemi was acquired by Storj in October 2024.. PetaGene has raised $2.52 million across 3 funding rounds from investors including Storj, Entrepreneur First and Romulus Capital. The company has 11 employees as of April 30, 2022. PetaGene offers products and services including PetaSuite, PetaSuite Cloud Edition, and PetaSuite Protect. PetaGene operates in a competitive market with competitors including Qumulo, Helix, Benchling, ClearDATA and Carta Healthcare, among others.
- Headquarter Cambridge, United Kingdom
- Employees 11 as on 30 Apr, 2022
- Founders Alban Rrustemi
- Stage Minicorn
-
Sectors
HealthcareTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Petagene Ltd
- Date of Incorporation 04 Apr, 2016
- Jurisdiction HAVERHILL, SUFFOLK, UNITED KINGDOM
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of PetaGene
PetaGene offers a comprehensive portfolio of products and services, including PetaSuite, PetaSuite Cloud Edition, and PetaSuite Protect. 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.
Lossless compression for genomic data files
Cloud-based compression and remote data access
Encrypted compression for secure genomic data handling
Unlock access to complete
Unlock access to complete
Funding Insights of PetaGene
PetaGene has successfully raised a total of $2.52M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.1 million completed in December 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 Seed — $2.1M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Seed - PetaGene | Valuation | Romulus Capital | |
| Apr, 2017 | Amount | Seed - PetaGene | Valuation | Romulus Capital |
|
| Jun, 2016 | Amount | Seed - PetaGene | 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 PetaGene
PetaGene has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Storj, Entrepreneur First and Romulus Capital. 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 |
|---|---|---|---|---|
|
Provider of a program turning individuals into funded technology company founders
|
Founded Year | Domain | Location | |
|
Early-stage VC firm investing in the US
|
Founded Year | Domain | Location | |
|
Decentralized cloud storage is provided via blockchain and peer-to-peer networks.
|
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 PetaGene
| 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 - PetaGene
| 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 |
Petagene Comparisons
Competitors of PetaGene
PetaGene 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 Qumulo, Helix, Benchling, ClearDATA and Carta Healthcare, 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 |
Enterprise cloud storage management software is provided for various workloads.
|
|
| domain | founded_year | HQ Location |
Genomic database for clinical research is provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based bioinformatics platform is offered for biotech research.
|
|
| domain | founded_year | HQ Location |
Cloud-based clinical data management platform for healthcare providers
|
|
| domain | founded_year | HQ Location |
AI-driven clinical data management tools are offered to healthcare providers.
|
|
| domain | founded_year | HQ Location |
AI-based omics data analysis solutions are provided to researchers.
|
| 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 Petagene
Frequently Asked Questions about PetaGene
When was PetaGene founded?
PetaGene was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is PetaGene located?
PetaGene is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Is PetaGene a funded company?
PetaGene is a funded company, having raised a total of $2.52M across 3 funding rounds to date.
How many employees does PetaGene have?
As of Apr 30, 2022, the latest employee count at PetaGene is 11.
What does PetaGene do?
Founded in 2015 and based in Cambridge, United Kingdom, PetaGene operates in the biotechnology sector by delivering cloud-based solutions for genetic data management. Services such as PetaSuite, PetaLink Cloud Edition, and PetaSuite Protect are provided, enabling data compression, encryption, analysis, and auditing. Integration with existing storage and bioinformatics systems is supported, facilitating efficient storage and transfer while maintaining genotyping accuracy.
Who are the top competitors of PetaGene?
PetaGene's top competitors include Qumulo, Helix and Carta Healthcare.
What products or services does PetaGene offer?
PetaGene offers PetaSuite, PetaSuite Cloud Edition, and PetaSuite Protect.
Who are PetaGene's investors?
PetaGene has 3 investors. Key investors include Storj, Entrepreneur First, and Romulus Capital.
What is PetaGene's valuation?
The valuation of PetaGene is $4.3M as of Apr 2017.