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HomeFinTechGenemod: Raises $1.7M in Seed Funding Round

Genemod: Raises $1.7M in Seed Funding Round

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  • Genemod, a Seattle, WA-based software solution for life scientists that uses data automation to streamline and accelerate research, raised $1.7M in seed funding
  • The round was led by Defy.vc with added support by Omicron, Unpopular Ventures, Underdog Labs, and Canaan Partners Scout Fund
  • In conjunction with the funding, Neil Sequeira, co-founder and managing director of Defy.vc, will join Genemod’s Board of Directors
  • The company intends to use the funds to include a complimentary product management software alongside its flagship life sciences inventory management service
  • The funding will also allow Genemod to grow its current headcount by 50 percent and expand its customer base beyond academic institutions
  • Genemod also provides cloud-based solutions that offer biotech companies the ability to maximize productivity

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