PetaGene logo — Secure transparent compression

PetaGene

Secure transparent compression

Founded 2016 United Kingdom Cambridge, United Kingdom 4 employees Acquired Total: $2.00M Biotechnology

General Information

Company Name PetaGene
Founded Year 2016
Location United Kingdom Cambridge, United Kingdom +1
Employees 4
Industries Biotechnology
Funding Stage Acquired
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About PetaGene

PetaGene specializes in providing secure and transparent compression solutions for genomic data. Founded in 2016, this United Kingdom-based biotechnology startup offers a unique approach to managing the ever-growing genomic data challenges faced by organizations today.

Their multi award-winning software employs lossless compression and encryption to significantly reduce storage and access costs, accelerate data transfers and analyses, and facilitate seamless cloud integration. By ensuring compliance through encryption and deep auditing, PetaGene caters to large pharmaceutical, commercial, clinical, and academic labs, enhancing their genomic workflows without disrupting existing technologies or user experiences.

The company's most recent funding, a Seed Round on 11 May 2023, saw investment from Acequia Capital (AceCap). This round underscores investor confidence in PetaGene's innovative solutions and future growth prospects within the genomic data management sector.

Taxonomy: Genomic data, NGS, Compression technology, Bioinformatics, CRAM compression, NGS compression, Genome data, Precision medicine, Encryption, NGS compliance, Data storage, Data compression, Pharmaceutical industry, Cloud integration, Data security

Services & Products

genomic data compression solutions
cloud and on-premises data storage
encryption compliant software
transparent data access tools
data visualization enhancement

Target Customers

genomics research facilities hospitals and healthcare institutions biotechnology companies academic research organizations bioinformatics professionals

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1 •••• •••• 01 Oct 2024
Seed •••••• 1
Investor
01 Apr 2023
Unknown •••••• - 01 Jul 2020
Early VC •••••• 2
Investor Investor
01 Dec 2018
Seed •••••• - 01 Apr 2017

View All 7 Funding Rounds

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FAQ About PetaGene

Secure transparent compression
PetaGene was founded in 2016.
PetaGene is headquartered in Cambridge, United Kingdom.
PetaGene operates in the following industries: Biotechnology.
PetaGene has approximately 4 employees.
PetaGene has completed 7 funding rounds, raising a total of $2.00M. The latest funding stage is Acquired.
PetaGene offers: genomic data compression solutions, cloud and on-premises data storage, encryption compliant software, transparent data access tools, data visualization enhancement.
Top alternatives and competitors to PetaGene include intoPIX, VirtualMetric, Byteactive, CebaTech, RainStor. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PetaGene and intoPIX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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