Genalyte

Lab results in under 30 minutes, right in your clinic.

San Diego, United States · Founded 2007 · $164.8M raised

Employees
51–200
Founded
2007
Business Model
B2B
Total Funding
$164.8M
Last Round
$67.0M Series CMar 2023
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Genalyte builds point-of-care lab testing systems that deliver 90% of clinical lab results in under 30 minutes without leaving the clinic. Its flagship Merlin platform is a fully automated, onsite blood testing machine using silicon photonic microring sensor technology. The company submitted the Merlin device to the FDA for premarket clearance in 2025 and is part of the MedTech Innovator accelerator.

Summary

Genalyte is a Biotech company based in San Diego, United States, founded in 2007. It has raised $164.8M in total across 4 rounds, most recently a $67.0M Series C round in Mar 2023. Investors include Verily Life Sciences, Boutique Venture Partners and Khosla Ventures.

Tech & App Stack

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Funding History

Series CSeries CMar 2023
$67.0M

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Funding: Series B through Series C. Amounts, valuations, and investors where available.

Investors

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