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MedGenome raises $30mm in Series C financing round

Executive Summary

MedGenome Labs Pvt. Ltd. (diagnostics/genomics) raised $30mm in its Series C financing round led by Sequoia India and Sofina SA. Zodius Capital, Kris Gopalakrishnan (co-founder and former CEO of Infosys), and Lakshmi Narayanan (former CEO of Cognizant) also participated. The company plans to use the round proceeds to accelerate biomarker discovery programs and further develop its OncoPept suite of cancer immunotherapy biomarker offerings. MedGenome previously raised $24mm in its Series A and B rounds, bringing the total VC funding raised to date to $54mm.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Bioinformatics
      • Genomics-Proteomics
    • Pharmacogenetics-Pharmacogenomics
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
  • Services
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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