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54gene
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54gene

http://www.54gene.com/
Last activity: 06.10.2025
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Categories: AfricaTechB2CDataDevelopmentDiagnosticsDrugHealthTechMedTechResearchService
54gene was founded in 2019 by Dr. Abasi Ene-Obong to address the significant gap in the global genomics market; Nearly 90% of genetic material used in pharmaceutical research is Caucasian. Only 2% is African, despite the fact that Africans and people of African ancestry are more genetically diverse than all other world populations combined. As a result, pharmaceutical research and development is lacking the diverse data that may hold the key to medical discoveries and new healthcare solutions.
Followers
8.44K
Mentions
82
Location: United States, District of Columbia, Washington
Employees: 201-500
Total raised: $64.5M
Founded date: 2019

Investors 12

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Funding Rounds 6

DateSeriesAmountInvestors
20.09.2021Series B$25MCathay Inn...
15.04.2020Series A$15MAdjuvant C...
14.04.2020Series A$15M-
26.03.2020-$500K-
04.07.2019Seed$4.5M-
03.07.2019Seed$4.5M-

Mentions in press and media 82

DateTitleDescription
06.10.2025This Nigerian startup wants your DNA to rewrite global medicineAfrica makes up less than 3% of global genome sequencing, a laboratory procedure to determine the entire genetic makeup of a specific organism or cell type. This gap hinders research and efforts to treat conditions more common on the contin...
18.10.202250 African tech founders launch Pando DAO to drive development across AfricaIn recent times, the African tech ecosystem has been on a steady upward trajectory. This year, venture funding on the continent is projected to cross the 7 billion mark with almost a thousand deals, establishing the continent as an outlier ...
29.09.2022Africa’s tech ecosystem can’t PR its way out of weak ethicsLaura Eboa Songue is a communication, digital marketing, and PR strategist. She is an advisor to high-level executives, impact ventures, NGOs, and IGOs such as the United Nations and its affiliated agencies (UNDP, UNCDF, WHO…). Find her on ...
29.08.2022African genomics startup 54gene lays off 95 as COVID testing business strugglesAfrican genomics startup 54gene has laid off 95 employees, or about 30% of its LinkedIn-sourced 290+ employees. A company’s spokesperson confirmed the news after several sources informed TechCrunch of the layoffs last week. Founded in 2019 ...
22.08.2022Amidst global investment downturn, Microtraction announces a $15 million first close of its community fundFor most of 2022, founders globally have had one question: where are investors, and why aren’t they deploying funds into our brilliant startups? Some investors have blamed the funding winter on the economic recession, others have blamed exc...
31.01.2022Meet The Nigerian Tackling The Genetic Basis Of CancerOlufunmilayo I. Olopade at the School of Public Health, Peking University, Beijing, China, on Sept. ... [+] 7, 2018. Shengfeng Wang
21.01.2022Techpoint Build Spotlight: 54Gene is developing world class health technologies for AfricaShare this article: In recent years, Africa has lagged behind the rest of the world in medical technologies and research. The continent’s infrastructure gap and its talent drain inducing economic terrain, has made Africa in constant need of...
08.12.2021Techpoint Awards 2021: And the nominees are…Share this article: [Updated on December 15, 2021]: Payourse requested to be removed as a finalist in The Most Outstanding Crypto Exchange category. [Updated on December 14, 2021]: The Most Outstanding Logistics Startup 2021 was renamed Mos...
06.12.2021Cellular agriculture & emerging markets: Just because we can, does it mean we should?Saron Berhane is an agrifoodtech entrepreneur based in Sydney, Australia. The views expressed in this guest commentary are the author’s own and do not necessarily reflect those of AFN. Alt-protein is taking the food world by storm. Plant-ba...
04.10.2021Money Moves: Fintech startup Rize just raised $11.4M for its financial services productsArlington, Virginia-based Rize, a financial services firm, closed on $11.4 million in a Series A round this month. Alpha Edison and Morpheus Ventures co-led the round, with participation from existing investors Raptor Group, Revolution’s Ri...
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