
GnuBIO
Developer of scalable dna sequencing technology for the diagnostic and applied markets.
Date | Investors | Amount | Round |
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N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
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$50.4m Valuation: $50.4m | Acquisition | ||
Total Funding | 000k |
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GnuBIO operates in the biotechnology sector, specializing in next-generation DNA sequencing technology. The company has developed an innovative desktop sequencer that integrates all the functions of DNA sequencing into a single, low-cost instrument. Unlike traditional sequencing technologies that require separate workflows for target selection, DNA amplification, sequencing, and analysis, GnuBIO's platform consolidates these steps into one streamlined process. This results in faster genomic results, reducing the time from days to mere hours.
GnuBIO primarily serves research institutions, clinical laboratories, and pharmaceutical companies that require efficient and accurate genomic data for various applications, including medical research, diagnostics, and drug development. The company's business model revolves around the sale of its proprietary sequencing instruments and related consumables, generating recurring revenue from the continuous use of its platform.
The market GnuBIO operates in is highly competitive, with a growing demand for faster and more cost-effective genomic sequencing solutions. The company's unique value proposition lies in its ability to deliver integrated sequencing with a single user interface, making the process more accessible and less time-consuming for its clients.
Keywords: DNA sequencing, biotechnology, genomic results, desktop sequencer, integrated workflow, research institutions, clinical laboratories, pharmaceutical companies, rapid results, cost-effective.