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NuGEN Technologies

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Provider of genomics sample preparation solutions enabling scientists to access true biology in all samples

Redwood City, United StatesFounded 2000Biotech & Life Sciences
Valuation $25–50M Last recorded · 2003
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About NuGEN Technologies

NuGEN Technologies, established in 2000 and headquartered in San Carlos, California, carved out a specialized niche in the life sciences sector by providing genomic sample preparation solutions. The company focused on developing and commercializing proprietary kits and reagents for next-generation sequencing (NGS), enabling researchers and scientists to analyze DNA and RNA from a wide array of sample types. Its product portfolio was particularly adept at handling challenging samples, such as those with low input quantities or variable quality, including materials from single cells, whole tissues, and liquid biopsies.

The business operated by selling its innovative sample preparation products directly to the life science research and applied markets. Clients included university research departments, pharmaceutical and biotechnology companies, and diagnostic laboratories that relied on the company's technology for applications like predicting disease risk and drug response. NuGEN's offerings, such as the Ovation® and Celero™ product lines, provided simplified workflows that aimed to reduce the time and cost associated with preparing samples for complex genomic analysis. These products supported research in critical areas, from cancer to the discovery of novel coronaviruses.

A significant milestone in the company's history occurred in August 2018, when it was acquired by Tecan Group, a Swiss-based global provider of laboratory instruments and automation solutions, for a purchase price of $54.5 million. The acquisition was completed on August 31, 2018, integrating NuGEN into Tecan's Life Sciences Business segment. This strategic move was designed to merge NuGEN's expertise in NGS reagents with Tecan's strength in laboratory automation, creating comprehensive, automated workflow solutions for genomic research. Following the acquisition, NuGEN became Tecan's center of excellence for NGS reagents.

Source: Dealroom company data

At a glance

Founded
2000
Headquarters
Redwood City, United States
Sector
Biotech & Life Sciences

Investors

7 investors on the cap table

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

Series A5 investors entered at this stage

  • Tenex Medical Investors
  • Pequot Capital Management
  • Radius Ventures
  • MedCapital
  • Band of Angels

Series B and later2 investors entered at this stage

Team profiled 5 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
🇺🇸 United States · Redwood City HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about NuGEN Technologies 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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