Rapid Genomics

Gainesville, United States Founded: 2011 • Age: 15 yrs Acquired By LGC
DNA sequencing services are provided for crop and livestock improvement.
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About Rapid Genomics

Rapid Genomics is a company based in Gainesville (United States) founded in 2011 was acquired by LGC in April 2022.. Rapid Genomics has raised $300 thousand across 1 funding round from investors including LGC. Rapid Genomics offers products and services including KASP Genotyping Reagents, Oligos and Primers, PCR Instruments, and NGS Kits. Rapid Genomics operates in a competitive market with competitors including Omniome, Novogene Corporation, Rejuvenate Bio, HitGen and Source BioScience, among others.

  • Headquarter Gainesville, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rapid Genomics Llc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $300 K (USD)

    in 1 rounds

  • Latest Funding Round
    $300 K (USD), Seed

    Oct 15, 2015

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    LGC

    (Apr 01, 2022)

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Products & Services of Rapid Genomics

Rapid Genomics offers a comprehensive portfolio of products and services, including KASP Genotyping Reagents, Oligos and Primers, PCR Instruments, and NGS 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

Reagents for qPCR-based genotyping in agriculture.

Custom oligonucleotides for DNA and RNA applications.

Devices for high-throughput PCR and genotyping.

Kits for amplicon-based targeted sequencing workflows.

Funding Insights of Rapid Genomics

Rapid Genomics has successfully raised a total of $300K through 1 strategic funding round. The most recent funding activity was a Seed round of $300 thousand completed in October 2015. 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 1
  • Last Round Seed — $300,000
  • First Round

    (15 Oct 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2015 Amount Seed - Rapid 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 Rapid Genomics

Rapid Genomics has secured backing from 1 investor. Prominent investors backing the company include LGC. 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
Molecular biology reagents and services are supplied to biotech industries.
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 Rapid 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 - Rapid 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

Rapid Genomics Comparisons

Employees
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Competitors of Rapid Genomics

Rapid 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 Omniome, Novogene Corporation, Rejuvenate Bio, HitGen and Source BioScience, 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
Genome sequencing platform is provided for clinical diagnostics.
domain founded_year HQ Location
Genomic services and solutions with NGS expertise are provided.
domain founded_year HQ Location
Gene-editing platform and anti-aging therapy for dogs are developed.
domain founded_year HQ Location
DNA-encoded libraries are developed for drug discovery applications.
domain founded_year HQ Location
Multiple genomic services are provided for analysis and diagnostics.
domain founded_year HQ Location
Next-generation gene sequencing and multi-omics technologies are provided.
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 Rapid Genomics

Frequently Asked Questions about Rapid Genomics

When was Rapid Genomics founded?

Rapid Genomics was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is Rapid Genomics located?

Rapid Genomics is headquartered in Gainesville, United States.

Is Rapid Genomics a funded company?

Rapid Genomics is a funded company, having raised a total of $300K across 1 funding round to date. The company's 1st funding round was a Seed of $300K, raised on Oct 15, 2015.

What does Rapid Genomics do?

Rapid Genomics was founded in 2011 in Gainesville, United States, and operates in the genomics sector focused on agriculture. DNA sequencing services are offered to enhance crops and livestock, utilizing capture-sequencing technology for custom targeted applications. Additional services include RNA sequencing, whole genome sequencing, ultraconserved elements analysis, next-generation sequencing, and bioinformatics support. Operations are centered on providing these tools to research and development efforts in the field.

Who are the top competitors of Rapid Genomics?

Rapid Genomics's top competitors include Novogene Corporation, Singular Genomics and Source BioScience.

What products or services does Rapid Genomics offer?

Rapid Genomics offers KASP Genotyping Reagents, Oligos and Primers, PCR Instruments, and NGS Kits.

Who are Rapid Genomics's investors?

Rapid Genomics has 1 investor. Key investors include LGC.

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