Genepoint Biological Technology

About Genepoint Biological Technology

Genepoint Biological Technology, established in Shanghai in July 2015, operates as a specialized provider of automated, intelligent solutions for the low-temperature preservation of biological resources. The company was founded by Chen Zhehua, who holds an MBA from Tongji University and previously served as the China Business Development Manager at Air Products (China) Investment Co., Ltd., where he was instrumental in developing the company's medical business sector. Genepoint has secured significant venture capital, with its latest Series D funding round in January 2023 raising nearly $29.5 million, led by investors such as Shanghai Guofang Private Equity Fund Management, LYFE Capital, and Huajin Capital.

The firm's business model is centered on the in-house research, development, and manufacturing of advanced cryogenic robotic systems and automated ultra-low temperature storage solutions. Its client base includes top-tier gene banks, research universities, hospitals, and biopharmaceutical facilities, primarily across Asia. Genepoint generates revenue through the sale of its specialized equipment and consumables. The company has established a strong market presence, underscored by its portfolio of over 220 patents and a research and development team that constitutes more than 32% of its workforce.

Genepoint's product suite offers comprehensive solutions for the entire bio-sample storage management process. Key offerings include the 'Hatch' series, a fully automated cryogenic robot and repository system for fast, intelligent retrieval of samples in liquid nitrogen environments. Its 'Hatch-Lite' model was recognized with the ISBER Outstanding New Product Award in 2019, a first for an Asian company in this category. Another core product, the 'Snorkel' Automated Sample Repository System, integrates advanced refrigeration technology and user-friendly intelligent interaction for efficient sample management. The 'Crest' line consists of intelligent cryogenic storage systems that maintain temperatures below -180°C using advanced vacuum extraction and insulation technology. To complement its automated systems, the company provides a range of consumables under the 'Sinfo' brand, including co-molded cryotubes designed for both automated and manual applications.