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Swift Biosciences

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Genomic library preparation kits for next-generation sequencing

Ann Arbor, United StatesFounded 2010Biotechnology
Valuation $50–100M Last recorded · 2017
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Swift Biosciences and the history behind them.

About Swift Biosciences

Swift Biosciences, founded in 2010 by David C. Olson, develops and commercializes library preparation kits and reagents for next-generation sequencing (NGS). Headquartered in Ann Arbor, Michigan, the company provides tools for academic, translational, and clinical research. Its products are used in various fields, including oncology, agrigenomics, metagenomics, and inherited disease research.

The company's product portfolio is designed to accelerate and streamline DNA and RNA sample preparation for NGS instruments from providers like Illumina and Ion Torrent. Key offerings include the Accel-NGS® DNA and Methyl-Seq DNA library kits, which utilize a proprietary Adaptase™ technology to enable library creation from low-input or challenging samples like cell-free DNA and formalin-fixed, paraffin-embedded (FFPE) tissues. These kits aim to maximize data output, provide comprehensive genome coverage, and lower sequencing costs for researchers. Swift Biosciences also developed amplicon panels for detecting specific, clinically relevant mutations and products to support SARS-CoV-2 research.

After raising approximately $35.2 million over several funding rounds from investors including Arboretum Ventures and Fletcher Spaght, Swift Biosciences was acquired by Integrated DNA Technologies (IDT), a Danaher subsidiary, in March 2021. Following the acquisition, Swift's team and operations continued in Ann Arbor, with its products being integrated into IDT's xGen™ NGS portfolio.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2010
Headquarters
Ann Arbor, United States
Open positions
None listed
Dealroom signal
52.2/100
Sector
Biotechnology
Client focus
b2c

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Mar 2021 $0 — Integrated DNA Technologies —
DEBT✓Debt Nov 2018 $4M — Undisclosed —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Swift Biosciences website traffic

Latest recorded traffic for Swift Biosciences is 310 monthly website visits, up 138.5% over the last three months.

Latest monthly visits310 3-month web change+138.5%
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Investments and acquisitions

Capital deployed

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

Investors

6 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

  • Mercury Fund
  • Fletcher Spaght, Inc.
  • Fletcher Spaght Ventures
  • Renaissance Venture Capital Fund

Series B and later1 investor entered at this stage

  • Arboretum Ventures

Other known investors1 additional known investor

  • Integrated DNA Technologies
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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 · Ann Arbor HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Swift Biosciences 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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