Element Biosciences, where courage meets possibility

We’re passionate about building new and differentiated technologies that will disrupt the genomics industry. We pursue rigorous science that supports data-driven decisions in ever-evolving markets. We take risks to challenge the status quo. We celebrate our successes and learn from our failures. We’re committed to empowering customers with unprecedented freedom to study biology.

We’re excited to announce Element Biosciences raises $30M, an extension to the previously announced $80M Series B financing. The combined funds will continue to support our product development and hiring activities toward bringing a new DNA sequencing platform to market.

Every element of a DNA sequencer – reimagined.

Genetic sequencing has become an increasingly powerful tool to understand biology and improve human life. Element Biosciences is creating a brand-new DNA sequencing platform to meet diverse and ever-changing needs in this dynamic market.

Element Biosciences Raises $80M in Series B Financing to Accelerate Development of a New DNA Sequencing Platform

SAN DIEGO, Calif. — Element Biosciences today announced the close of a Series B financing round of $80.3 million, with participation from new investors Fidelity Management & Research Company and JS Capital LLC, as well as existing investors Foresite Capital and Venrock. To date, the company has raised a total of more than $100 million. Proceeds from the financing will be used to accelerate the development of high-quality, low-cost, and easy-to-use genomic sequencing solutions.

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Our team of professionals is here to inspire and impress the industry with unique ideas and abilities - and to welcome new ones.

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9880 Campus Point Drive, Suite 210, San Diego, CA 92121

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