- Companies
- BGI Group
BGI Group Valuation, Funding & Investors
BGI Group is valued at $1.6B as of June 2015.
Last BGI Group valuation
$1.6B
Undisclosed stage · Jun 2015
Last BGI Group funding round
$322M
Undisclosed stage · Jun 2015
Cumulative funding BGI Group raised
$322M
across 1 funding round
Key investors in BGI Group
Taikang Insurance Group
About BGI Group
BGI Group is a Shenzhen-headquartered global leader in genomics, operating as Shenzhen Huada Gene Technology Co. Ltd. The company delivers DNA sequencing, bioinformatics testing, genetic analysis, agricultural genomics, and proteomics services. With operations centered in China and international labs, it contributed to the Human Genome Project and advances precision medicine worldwide.
Founded
1999
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$1.6B (Jun 2015)
BGI Group Valuation
BGI Group is currently valued at $1.6B, based on its undisclosed-stage round in June 2015.
The $322M round was led by Taikang Insurance Group.
BGI Group valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2015 | Undisclosed stage | $1.6B |
BGI Group Funding History
BGI Group has raised a total of $322M across 1 funding round.
BGI Group funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2015 | Undisclosed stage | Taikang Insurance Group (lead) | $322M | $1.6B | BGI Group is a biotechnology company specializing in genomics research, genome sequencing, genetic testing, bioinformatics, and multi-omics solutions, serving research institutions, healthcare professionals, pharmaceutical companies, and academic institutions worldwide. Notable collaborations include Eli Lilly and Company, Merck, Pfizer Inc., and the Bill & Melinda Gates Foundation. Taikang Insurance Group participated in a Venture Round with BGI Group in 2015. BGI receives support from Chinese government guidance funds and state-owned enterprises, which fund operations and global expansion, alongside capital markets activities. The shareholder base shows ties to the Chinese Communist Party, with cofounder Wang Jian holding 46.8% of common stock and CPE Investment (affiliate of state-owned CITIC Group) as a major shareholder. |
Who has invested in BGI Group?
1 investor has backed BGI Group across its funding rounds, including Taikang Insurance Group.
Lead investors include Taikang Insurance Group.
BGI Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 BGI Group investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInvestments by BGI Group
BGI Group has invested in 8 companies to date.
Latest investment by BGI Group was on August 9th 2023. BGI Group invested in Neurophth Therapeutics in their $97M Series C round.
Latest Investments by BGI Group
| Description | Neurophth Therapeutics develops gene therapies as China's first company dedicated to ophthalmic diseases. The clinical-stage biotech targets blindness-causing conditions like Leber hereditary optic neuropathy globally. Based in Wuhan, the firm advances AAV-based vectors through international trials. | Gooal Gene functions as a Chinese ag-biotechnology firm providing high-throughput sequencing services with second- and third-generation platforms. It conducts bioinformatics analysis, generates interactive omics reports, maintains multi-omics knowledge bases, and operates genome selection breeding platforms. The Beijing-headquartered company supports crop improvement, livestock breeding, and plant genomics for agricultural research institutions across Asia. | Gene+ is a China-based precision oncology company offering genetic testing for cancer prevention and treatment. The firm conducts gene panel sequencing in partnership with over 100 hospitals nationwide. Its diagnostics cover tumor profiling, companion diagnostics, and monitoring services. Gene+ operates advanced sequencing laboratories to support oncologists with actionable genomic insights. | USCI Medical Laboratory is a high-tech genetic testing company offering services for disease prevention, prediction, detection, and intervention. Headquartered in Beijing, China, the lab processes batch samples using next-generation sequencing platforms from Illumina and processes massive datasets with bioinformatics pipelines. USCI Medical Laboratory provides tests for hereditary cancers, prenatal screening, and pharmacogenomics, serving clinics across China and exporting services to Southeast Asia since its establishment in 2014. | |
| HQ Country | |||||
| HQ City | Wuhan | Wuhan | Beijing | Beijing | |
| Deal Date | 9 Aug 2023 | 21 Nov 2019 | 30 Sep 2019 | 24 Apr 2019 | |
| Round | Series C | Seed | Series B | Series A | |
| Raised | $97M | $1M | $28M | $7M | |
| Investors | Optics Valley Financial Holdings; Guangzhou Finance Holdings; Wuhan High-Tech; Zhejiang Paradise; SDIC Fund Management; CMG-SDIC Capital Management; Fosun International; Wuhan optics valley health; CMB International Capital Corporation; Changjiang Industrial Investment Group; HSG | Rising Investments | Ronglian Group; Desun Investments; Co-Stone Venture Capital; Volcanics Venture; Green Pine Capital Partners | - | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all BGI Group investments and their VC round multiples. Start Free Trial | |||||
BGI Group Competitors
BGI Group competitors include listed companies like Vazyme Biotech, Personalis and Sansure Biotech, and private ones like Sangon Biotech, Element Biosciences and Immunai.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $205M | $18M | $1.6B | 6.0x | ||
| Publicly listed | $70M | ($78M) | $1.7B | 20.1x | ||
| Private | $102M | - | $1.4B | 13.7x | ||
| Publicly listed | $245M | $48M | $1.4B | 4.1x | ||
| Private | $25M | - | $1B | 41.2x | ||
| Private | - | - | $1B | - |
BGI Group Public Comps
BGI Group is still privately-owned, but its public comps include Syngene, Vazyme Biotech, Absci, Personalis, Azenta, Insight Lifetech, Sansure Biotech, Genus, Suzhou Sepax Technologies and VCANBIO.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $376M | $88M | 4.0x | 3.9x | 17.1x | 15.5x | |||
| $205M | $18M | 6.6x | 6.0x | 76.5x | 35.0x | |||
| $3M | ($103M) | 496.8x | 388.4x | (13.5x) | (11.9x) | |||
| $70M | ($78M) | 22.4x | 20.1x | (19.9x) | (15.7x) | |||
| $594M | $35M | 2.0x | 2.0x | 34.0x | 20.7x | |||
| $81M | $18M | 20.9x | 21.4x | 94.2x | - | |||
| $245M | $48M | 4.2x | 4.1x | 21.3x | 14.6x | |||
| $903M | $122M | 2.2x | 2.2x | 16.4x | 11.3x | |||
This data is available for Pro users. Sign up to see all BGI Group competitors and their valuation data. Start Free Trial | ||||||||
Common questions about BGI Group
| When was BGI Group founded? | BGI Group was founded in 1999. |
| Where is BGI Group headquartered? | BGI Group is headquartered in Shenzhen, China. |
| Is BGI Group publicly listed? | No, BGI Group is a private, VC-backed company. |
| What is BGI Group's valuation? | BGI Group was last valued at $1.6B in its undisclosed-stage round in June 2015. |
| How much funding has BGI Group raised? | BGI Group has raised $322M across 1 funding round. |
| What was BGI Group's last funding round? | BGI Group's last funding round was a $322M undisclosed-stage round in June 2015, led by Taikang Insurance Group. |
| Who are BGI Group's investors? | BGI Group's investors include Taikang Insurance Group. |
| Which companies are comparable to BGI Group? | Companies comparable to BGI Group include Vazyme Biotech, Personalis, Sangon Biotech, Sansure Biotech, Element Biosciences and Immunai. |
| How many companies has BGI Group invested in? | BGI Group has invested in 8 companies, including Neurophth Therapeutics, Gooal Gene, Gene+, USCI Medical Laboratory, Geneplus-Beijing Co. Ltd., CreateCare, F&S Pharmatech and Genedock. |
| What was BGI Group's last investment? | In August 2023, BGI Group invested in Neurophth Therapeutics' $97M Series C alongside Optics Valley Financial Holdings, Guangzhou Finance Holdings, Wuhan High-Tech and 8 other investors. |
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