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Axbio

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Provides sequencing and diagnostic systems, as well as biochips and detection reagents

Shenzhen, ChinaFounded 2016Biotech & Life Sciences
Valuation $500M–1B Last recorded · 2022
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Axbio and the history behind them.

About Axbio

Axbio operates at the intersection of semiconductors and biotechnology, focusing on making multi-omics research solutions more accessible for life sciences and clinical medicine. Established in Silicon Valley in 2016 by CEO Dr. Hui Tian and COO Igor Ivanov, the company leverages its proprietary Bio-CMOS chip technology to drive advancements in genetic analysis. Dr. Tian holds degrees from Stanford and Tsinghua University and previously led high-throughput sequencing chip development at Roche and Genia. This background in integrating chip technology with biological applications has been central to Axbio's direction. The firm has secured significant funding, including a Series A round in October 2021 and a $100 million Series B round in June 2022, with investors such as AstraZeneca-CICC, Yunfeng Capital, and 5Y Capital.

The company's core business revolves around the development and provision of fourth-generation nanopore gene sequencers, molecular diagnostic systems, biochips, and related reagents. Axbio's technology is built on a microfluidic Bio-CMOS platform that enables high-throughput, single-molecule, real-time sequencing without the need for nucleic acid amplification. This is achieved through a combination of a high-density nanopore sequencing chip, advanced electrochemical sensing, and AI-driven data analysis. The platform is designed to deliver long-read sequencing with high accuracy at a reduced cost, addressing key limitations of previous sequencing generations. Axbio's product lineup includes the AxiLona AXP-100 Nanopore Gene Sequencer and the AxiLona EL-100 Microarray Analyzer. The company also offers an automated library preparation system to streamline workflows.

Axbio serves a diverse client base, from academic research laboratories to clinical settings, including small clinics and large hospitals. Its technology has broad applications in precision medicine, such as early cancer screening, rapid pathogen detection, genetic disease analysis, and drug development. The business model includes selling instruments and consumables, as well as providing customized services like chemical synthesis and bioinformatics analysis. With R&D centers in Silicon Valley, Shenzhen, and Tianjin, and a GMP production facility in Wuxi, Axbio is positioned to support both research and clinical applications globally.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Shenzhen, China
Employees
45
Open positions
None listed
Dealroom signal
48.9/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Precision Medicine, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jun 2022 $100M $400M CBC Group · 5Y Capital · YunFeng Capital · AstraZeneca Pharmaceutical ↗
SERIES BOther financing Oct 2021 $10M $40M MSA Capital · 5Y Capital · Oriza Holdings · Kaitai Capital —
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Growth signals

Axbio website traffic

Latest recorded traffic for Axbio is 1.7K monthly website visits, up 400% over the last three months. Axbio's team grew 2.3% over the past year.

Latest monthly visits1.7K 3-month web change+400% 1-year team growth+2.3%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A10 investors entered at this stage

  • ZhenFund
  • MSA Capital
  • 5Y Capital
  • Oriza Holdings
  • Kaitai Capital
  • YunFeng Capital
  • AstraZeneca Pharmaceutical
  • CBC Group
  • Global Health Investment Corporation
  • State Development & Investment Corporation (SDIC)
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States75%
🇨🇳 China25%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Axbio on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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