Biotech
Sequentia Biotech Raises €10 Million with EIC Fund and Seventure Partners
Sequentia Biotech plans to use new funds to expand its Mick-branded application for automated microbiome data analysis, targeting biopharmaceutical and biomedical sectors. The biotech, founded in 2013, has served clients in over 65 countries, completing 800 projects. Known for its cloud software and bioinformatics expertise, Sequentia ranks among Catalonia’s top digital healthcare companies.
Sequentia Biotech raises new capital. The company specialising in omics data analysis using bioinformatics and deeptech has closed a series A financing round with ten million euros. The initiative was supported by the European Innovation Council (EIC Fund) and the venture capital manager Seventure Partners, with advice from Across Legal.
With these funds, Sequentia Biotech intends to introduce and expand its application for automated analysis of microbiome data and direct clinical information, marketed under the Mick brand. This is a product aimed at the biopharmaceutical and biomedical fields with which to base decision-making on data.
Walter Sanseverino, CEO and founder of the biotechnology company Sequentia Biotech together with Riccardo Aiese, told La Vanguardia that they had already managed to break even a few years ago thanks exclusively to public and recurring income.
Sequentia Biotech has accumulated clients in more than 65 countries
The biotech company boasts 800 projects for hospitals, research centres and multinational companies. Sequentia also offers solutions for the agriculture and biofuels sectors.
Sequentia Biotech was founded in 2013 under the umbrella of the Centre for Research in Agricultural Genomics (CRAG), where Walter Sanseverino was doing research. Its beginnings were scientific consultancy work in the field of plant genomics, but it soon entered the market for cloud software development.
After ten years of experience in the sector and bioinformatics projects executed in all omics fields for clients in more than 65 countries, Sequentia Bioetch is ranked among the top ten digital healthcare companies in Catalonia and among the top twenty in the RNA sector worldwide.
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(Featured image by digitale.de via Unsplash)
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First published in PlantaDoce. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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