ID-GENE ecodiagnostics
Provides fast, sensitive, and reliable genetic tests for environmental bioassessment and biomonitoring.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
€50.0k | Grant | ||
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 1 % | (8 %) | 4 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
ID GENE is a pioneering startup specializing in environmental DNA (eDNA) testing. The company offers fast, sensitive, and reliable DNA tests aimed at assessing the ecological quality of aquatic ecosystems. Their primary clients include governmental agencies and various industries that require environmental impact assessments. ID GENE operates in the environmental monitoring and bioassessment market, which is experiencing growing demand for advanced tools that can complement or replace traditional methods based on physical characteristics (morphology).
The core of ID GENE’s business model revolves around high throughput DNA sequencing technology. This advanced method allows them to analyze selected groups of bioindicators—organisms used to monitor the health of an environment—to determine the ecological quality of aquatic ecosystems. Their services include bioassessment and biomonitoring, biodiversity inventory, and species detection. For instance, they have applied their technology to assess the ecological quality of the highly polluted Bagnoli area in the Tyrrhenian Sea, Italy, and to monitor benthic (sea floor) environments around oil and gas platforms in the North Sea.
ID GENE makes money by providing these specialized DNA testing services to their clients. Governmental agencies may use their services to comply with environmental regulations and standards, while industries might need them for environmental impact assessments related to their operations. By offering a reliable, time-efficient, and cost-effective alternative to traditional morphology-based methods, ID GENE is positioned to capture a significant share of the environmental monitoring market.
In summary, ID GENE is at the forefront of environmental DNA testing, providing essential services to governmental and industrial clients for the assessment and monitoring of aquatic ecosystems.
Keywords: environmental DNA, bioassessment, biomonitoring, biodiversity, species detection, high throughput sequencing, aquatic ecosystems, governmental agencies, industry, ecological quality.