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Purigen Biosystems

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Innovative products that offer a truly transformative automated solution for DNA and RNA purification

Pleasanton, United StatesFounded 2012Biotech & Life Sciences
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Purigen Biosystems and the history behind them.

About Purigen Biosystems

Purigen Biosystems, founded in 2012, operates in the genomics sample preparation market. The company's core technology, Isotachophoresis (ITP), was developed in the laboratory of Stanford University professor Juan G. Santiago. Klint Rose, who earned his PhD at Stanford's Microfluidics Laboratory, is a co-founder of the company. Purigen was established to commercialize this ITP technology, which it licensed exclusively from the university.

The company's business revolves around its flagship product, the Ionic® Purification System. This is an automated, benchtop instrument that uses microfluidic chips to purify and quantify nucleic acids (DNA and RNA) from a diverse range of biological samples. The system is designed for use by clinical and oncology researchers. Its business model involves the sale of the Ionic system along with the necessary microfluidic chip consumables and purification kits. The company has pursued commercial expansion through distribution agreements in the European Union and the UK.

The Ionic Purification System utilizes ITP to separate nucleic acids in a solution based on their electrophoretic mobility, a process that avoids binding to or stripping from physical surfaces like beads. This method results in higher yields and purity, particularly from challenging sample types such as formalin-fixed paraffin-embedded (FFPE) tissues, liquid biopsies, and samples with low cell counts. The fully automated workflow can process up to eight samples in approximately 60 minutes with less than five minutes of hands-on time per sample. The purified nucleic acids are immediately ready for downstream applications like next-generation sequencing (NGS) and PCR.

Since its founding, Purigen has secured significant funding, raising a total of $88.3 million over seven rounds from investors including 5AM Ventures, Roche Venture Fund, and Agilent Technologies. A major milestone occurred on November 28, 2022, when Bionano Genomics acquired Purigen for up to $64 million. The acquisition was intended to integrate Purigen's ITP technology to improve Bionano's own Optical Genome Mapping (OGM) workflow.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
Pleasanton, United States
Employees
3
Open positions
None listed
Dealroom signal
60.5/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Classifieds, Biotechnology, Oncology, DNA, Genetics and genomics, Health Diagnostics, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Nov 2022 $32M — BioNano Genomics ↗
LATE VCOther financing Apr 2021 $34M $138M Undisclosed —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Purigen Biosystems website traffic

Latest recorded traffic for Purigen Biosystems is 5.8M monthly website visits, down 4.9% over the last three months. Purigen Biosystems's team grew 0% over the past year.

Latest monthly visits5.8M 3-month web change-4.9% 1-year team growth0%
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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

5 investors on the cap table

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

Series A4 investors entered at this stage

Other known investors1 additional known investor

  • BioNano Genomics
Team profiled 8 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

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

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

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