MedGenome raises USD 47.5 mn in Series E funding led by Maj Invest and Novo Holdings to expand genomics access across India and emerging markets.
Jul 21, 2025•12 days ago
Amount Raised
$47.5 Million
Round Type
SERIES E
Investors
SofinaNovo HoldingsMaj Invest
Description
MedGenome has raised USD 47.5 million in a Series E funding round from Maj Invest and existing investor Novo Holdings. The round also included participation from Sofina. This funding will help broaden access to its genomics and integrated diagnostics solutions. It reflects the growing adoption of genomics in personalized healthcare in India and other emerging economies.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech