Company Overview
Snapshot
Founded in December 2016 by Gilad Almogy, Ultima Genomics operates with 201–500 employees. The company has raised a total of $604.22 million across two funding rounds from seven investors. In June 2022, Ultima Genomics secured significant funding from investors including.
Business overview
Ultima Genomics is dedicated to advancing genomic information to drive progress in biology and human health. The company's core technology is a novel sequencing architecture designed to significantly reduce the cost of genomic sequencing. This innovation aims to overcome existing trade-offs in genomic research, enabling broader, deeper, and more frequent use of genomic data. Ultima Genomics serves the life sciences and healthcare industries, operating within the Health Tech & Life Sciences sector, with a focus on areas such as diagnostics, genetics, and biotechnology.
Strategic signal
In January 2024, Ultima Genomics announced a collaboration with Quest Diagnostics to scale its technology for minimal residual disease and whole-genome sequencing. This partnership signals a significant step towards commercialization and broader market adoption of Ultima's sequencing platform, validating its potential to impact clinical applications and expand access to affordable genomic information.
Log in to access full profile ›Company Intelligence Q&A
- What is Ultima Genomics' primary focus?
- Ultima Genomics focuses on driving the scale of genomic information to enable unprecedented advances in biology and improvements in human health through its novel sequencing architecture.
- When was Ultima Genomics founded?
- Ultima Genomics was founded in December 2016.
- What significant collaboration did Ultima Genomics announce in January 2024?
- In January 2024, Ultima Genomics collaborated with Quest Diagnostics to scale Ultima's technology in fast-growing minimal residual disease and whole-genome sequencing.
- Which investors participated in Ultima Genomics' June 2022 funding round?
- In June 2022, Ultima Genomics received funding from investors including.
- What product did Ultima Genomics launch in February 2024?
- In February 2024, Ultima Genomics launched its UG 100™ System and presented data at AGBT.