Elegen: Funding, Investors & Team (Sep 2026)
Elegen is a biotechnology company founded in 2017 by Dr. Matthew Hill, focused on developing microfluidic technology for use in DNA synthesizers to drive biomedical advancements.
Elegen has raised $35.0M across 1 funding round on record, the most recent a Series B of $35.0M announced in May 2024.
That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.
Elegen Company Profile and Key Stats
Latest funding round on record: May 2024.
Elegen Funding Rounds
Elegen Founders and Leadership Team
Contact details for the Elegen team: 1 of 1 has an email address on file.
Start 14-day free trial →Elegen Funding Compared to Other Biotechnology Startups
Elegen's latest round of $35.0M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.
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Elegen Funding FAQs
What does Elegen do?
Elegen is a biotechnology company founded in 2017 by Dr. Matthew Hill, focused on developing microfluidic technology for use in DNA synthesizers to drive biomedical advancements.
How much funding has Elegen raised?
Elegen has raised $35.0M across 1 round on record. The most recent is a Series B of $35.0M announced in May 2024.
When did Elegen last raise funding?
Elegen's most recent funding round on record is a Series B of $35.0M, announced in May 2024.
Who founded Elegen?
FundedIQ lists Matthew Hill (Founder) at Elegen.
Where is Elegen headquartered?
Elegen is based in San Carlos, California, United States.
How many employees does Elegen have?
Elegen is in the 51-100 employee band.
How does Elegen's funding compare to other Biotechnology startups?
Elegen's latest round of $35.0M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,182 tracked companies over the last two years.
About FundedIQ's Elegen Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Elegen is left off this page rather than filled in.
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