
Elegen
Elegen is a biotechnology company that develops microfluidic technology.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor | €0.0 | round | |
* | $35.0m | Series B | |
Total Funding | 000k |
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Elegen Corporation is a cutting-edge startup operating in the synthetic biology sector, focusing on revolutionizing the DNA manufacturing process. The company aims to address the growing demands of the bioeconomy by providing innovative solutions that streamline and enhance the production of synthetic DNA. Elegen's primary clients include researchers, biotech companies, and pharmaceutical firms that require high-quality, complex, and long synthetic DNA for various applications such as biomanufacturing, therapeutics, and mRNA-based treatments.
Elegen operates in the synthetic biology market, which is a rapidly growing field that combines biology and engineering to design and construct new biological parts, devices, and systems. The company leverages advanced technologies and methods to offer fast turnaround times and high accuracy in DNA synthesis, which are critical for its clients' research and development efforts.
The business model of Elegen is centered around providing custom DNA synthesis services. They generate revenue by offering these services to clients who need precise and reliable synthetic DNA for their projects. Additionally, Elegen has an Early Access Program that allows a select group of innovators to gain early access to their latest DNA breakthroughs, creating an additional revenue stream and fostering strong client relationships.
Elegen's innovative approach not only reduces the time and cost associated with traditional DNA manufacturing workflows but also enables the production of valuable small molecules, therapeutically relevant biologics, antibodies, and cytokines. This positions Elegen as a key player in the synthetic biology and biomanufacturing industries, helping to drive forward the next wave of mRNA medicines and other advanced therapeutics.
Keywords: synthetic biology, DNA manufacturing, biomanufacturing, mRNA therapeutics, custom DNA synthesis, biotech, pharmaceutical, innovation, high accuracy, fast turnaround.