
54Gene
Resources · 54Gene links
Founders · 54Gene founders
4 MEMBERSBacked By · 54Gene investors
Sector & Tech · 54Gene sectors
About 54Gene
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.
Headquarters
17, Sybil Iroche, Lekki Phase1, Lagos, 101233, NG
Team Size
Employees
11-50
Social Presence
Active Channels
3/5
Moderate
54Gene: quick facts
- Where is 54Gene based and when was it founded?
- 54Gene is headquartered in Lekki, Nigeria and was founded in 2019.
- How much funding has 54Gene raised?
- 54Gene has raised $45M across 4 disclosed rounds. Its latest, a $25M Series B, was announced on Sep 16, 2021.
- Who has invested in 54Gene?
- Backers include Cathay AfricInvest Innovation Fund, Adjuvant Capital, KdT Ventures, Plexo Capital and 14 others.
- What sector is 54Gene in?
- 54Gene operates in Biotechnology, Genetics and Genomics.
More Biotechnology startups in Africa
- GenePlus Global Limited
GenePlus is a Nairobi-based agricultural biotechnology company founded in 2017 by Dr. Chris Silali · Kenya
- Mycelium
mycelium is a biotechnological startup which uses the root structure of mushroom to grow bio material · Egypt
- BixBio
Bixbio is a biotechnology company working to unlock the potential of diverse genetic data in Africa to transform the field of precision medicine. · South Africa
- Fluorobiotech
Fluorobiotech expands access to high‑quality enzymes powering global biotech innovation. · South Africa
- Waterspirit
WaterSpirit focuses on extracting bioactive chemicals from microalgae, to be marketed to manufacturers of pharmaceutical and cosmetics products. · Tunisia
- COFFEE RESURRECT, Inc.
We create real difference for Africa and beyond by sustainably innovating through coffee waste. · Ethiopia
Profile updated Source: SLA Startup Index







