How Loop Genomics Built Its Success

📉 What Happened

Company was acquired

Event Year: 2015

📉 What Happened

Company was acquired

Event Year: 2015

📄 Long Description

Loop Genomics developed an innovative long-read sequencing technology designed to enhance research and clinical applications. Their platform enabled existing short-read DNA sequencers to function as long-read sequencing machines, effectively upgrading their capabilities. This approach aimed to provide more comprehensive and accurate genomic information for various scientific and medical purposes.

📄 Long Description

Loop Genomics developed an innovative long-read sequencing technology designed to enhance research and clinical applications. Their platform enabled existing short-read DNA sequencers to function as long-read sequencing machines, effectively upgrading their capabilities. This approach aimed to provide more comprehensive and accurate genomic information for various scientific and medical purposes.

💰 Funding

Total Raised: Unknown (Y Combinator backed)

Last Round: Winter 2016

Investors:

Y Combinator

💰 Funding

Total Raised: Unknown (Y Combinator backed)

Last Round: Winter 2016

Investors:

Y Combinator

Business Model

Healthcare

Business Model

Healthcare

Target Customers

Healthcare -> Diagnostics

Target Customers

Healthcare -> Diagnostics

Signals

Team size: 7

Hiring: No

Signals

Team size: 7

Hiring: No

Sources

[1]https://www.ycombinator.com/companies/loop-genomics

Sources

[1]https://www.ycombinator.com/companies/loop-genomics