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- EGenesis
EGenesis Funding, Investors & Competitors
EGenesis has raised $470M across 6 funding rounds, most recently a $14M undisclosed-stage round in August 2026.
Last EGenesis funding round
$14M
Undisclosed stage · Aug 2026
Cumulative funding EGenesis raised
$470M
across 6 funding rounds
Key investors in EGenesis
Khosla Ventures
ARCH Venture Partners
Alta Partners
Leaps by Bayer
Fresenius Medical Care
Wellington Partners
Farallon Capital Management
Biomatics Capital Partners
About EGenesis
eGenesis is a Cambridge-headquartered biotechnology company engineering xenotransplantation solutions. Utilizes CRISPR-based genome editing to produce human-compatible porcine organs, kidneys, and islet cells. Achieved FDA IND clearance for renal xenotransplant trials in 2024. Partners with United Therapeutics and JW Medical on clinical pathways to address organ shortages.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
EGenesis Funding History
EGenesis has raised a total of $470M across 6 funding rounds.
EGenesis' first fundraising round was a $2M seed round in August 2016. The most recent completed round was a $14M undisclosed-stage round in August 2026.
EGenesis funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Aug 2026 | Undisclosed stage | NATCO (lead) | $14M | Natco Pharma increased its investment in eGenesis by $14 million in August 2026, bringing its total commitment to $22 million. The new funding is being made through Natco Pharma (Canada) Inc. for $9.5 million and Natco Pharma South Africa Proprietary Limited for $4.5 million, both via convertible promissory notes carrying 8% compounded annual interest. The transaction is expected to close by September 30. eGenesis is a Cambridge, Massachusetts-based clinical-stage biotechnology company developing genome-engineered transplantable organs for indications including kidney transplantation, acute liver failure, and heart transplantation. Natco described the investment as support for new-age therapeutic programmes addressing critical unmet medical needs. Natco had previously invested $8 million in eGenesis in 2024 through preferred stock, making the latest round an expansion of an existing strategic investment rather than a new acquisition. eGenesis is pre-revenue and in clinical trials involving porcine kidney transplantation in humans and porcine liver perfusion. Natco’s investment is structured through its wholly owned subsidiaries, with no additional shares being acquired at completion of the latest investment. |
| Sep 2024 | Series D | Lux Capital (lead); Alta Partners; Natco Pharma; Parkwood; Khosla Ventures; Leaps by Bayer; Farallon Capital Management; DaVita; Fresenius Medical Care; Eisai Innovation; ARCH Venture Partners | $191M | eGenesis is a biotechnology company based in Cambridge, Massachusetts, spun out of the George Church lab at Harvard, focused on revolutionizing transplantation through a multiplexed gene-editing platform to develop human-compatible porcine organs, tissues, and cells, addressing the global organ shortage crisis via xenotransplantation. The company targets end-stage renal disease, affecting over 800,000 Americans and millions worldwide, where kidney transplantation is preferred but supply falls short. Its lead product candidate, EGEN-2784, is a genetically engineered porcine kidney with three key edits: knocking out rejection-causing genes, inserting human genes for immune regulation, and inactivating porcine endogenous retroviruses to minimize rejection risks. eGenesis closed a $191 million Series D financing on September 4, 2024, led by Lux Capital, with participation from investors including Alta Partners, ARCH Venture Partners, DaVita, Eisai Innovation, Farallon Capital Management, Fresenius Medical Care, Khosla Ventures, Leaps by Bayer, Lux Capital, Natco Pharma, and Parkwood. Proceeds will advance EGEN-2784 into first-in-human studies, support additional pipeline programs for heart and liver failure, and scale production. eGenesis has demonstrated preclinical success with the most extensive dataset in cross-species transplantation, showing consistent long-term survival, and achieved a milestone in March 2024 with the world's first porcine kidney transplant in a living human patient. The company, founded in 2015, employs over 200 people and plans to use the funds to accelerate product development, expand its team, and scale global operations. |
| Mar 2021 | Series C | Alta Partners; HBM Healthcare Investments; Invus; Altium Capital; LifeSci Venture Partners; Khosla Ventures; Leaps by Bayer; Catalio Capital Management; Wellington Partners; Farallon Capital Management; Fresenius Medical Care; ARCH Venture Partners | $125M | eGenesis is a gene-editing and genome-engineering company developing human-compatible organs, tissues, and cells for xenotransplantation, focusing on addressing the global organ shortage through programs in kidney failure and type 1 diabetes. On March 2, 2021, the company announced the successful completion of a $125 million Series C financing to advance its lead xenotransplantation programs in kidney and islet cell transplant into human proof-of-concept studies, while also supporting continued development of its proprietary gene-editing platform and scaling of GMP production. The Series C round included new investors such as Farallon Capital Management, Polaris Partners, HBM Healthcare Investments, Invus, Samsara BioCapital, LifeSci Venture Partners, Irving Investors, Catalio Capital Management, SymBiosis, Altium Capital, Monashee Investment Management, and Osage University Partners, with participation from existing investors including Leaps by Bayer, Fresenius Medical Care Ventures, ARCH Venture Partners, Wellington Partners, Khosla Ventures, and Alta Partners. In conjunction with the financing, Isaac Ciechanover, MD, from Polaris Partners, and Mark Pruzanski, MD, former CEO of Intercept Pharmaceuticals, joined the eGenesis Board of Directors. Paul Sekhri, President and CEO, highlighted the progress in solving the organ shortage and the company's positioning to address major disease burdens in U.S. and global healthcare. Srini Akkaraju, MD, PhD, from Samsara BioCapital, praised eGenesis' scientific platform for its potential to transform transplant medicine, particularly in kidney failure and type 1 diabetes. |
| Nov 2019 | Series B | Fresenius Medical Care (lead); Alta Partners; Biomatics Capital Partners; Khosla Ventures; Leaps by Bayer; Wellington Partners; ARCH Venture Partners | $100M | eGenesis is a biotechnology company developing safe and effective human-compatible organs using breakthrough gene editing technologies to address the global organ shortage, with a focus on kidney xenotransplantation. On November 7, 2019, the company completed a $100 million Series B financing led by Fresenius Medical Care Ventures, with participation from new investors Leaps by Bayer and Wellington Partners, and existing investors including ARCH Venture Partners, Biomatics Capital, Alta Partners, and Khosla Ventures. Proceeds are intended to accelerate the lead kidney xenotransplant program into clinical trials and advance other xenotransplant programs in solid organs and cell therapy. Fresenius Medical Care, the world's largest provider of dialysis products and services treating around 342,488 patients across 4,003 clinics globally, highlighted eGenesis's approach as a transformational option for kidney disease patients. Dr. Olaf Schermeier, CEO for global R&D at Fresenius Medical Care, emphasized their expertise in kidney disease treatment to support clinical development. The investment aligns with Fresenius Medical Care Ventures' strategy to invest in early-stage healthcare innovations in medical devices, pharmaceuticals, digital health, and services, fostering partnerships for new technologies in core areas like renal care. eGenesis remains an active portfolio company, continuing efforts to end organ transplant shortages and transform organ failure treatment. |
| Mar 2017 | Series A | ARCH Venture Partners (lead); Biomatics Capital Partners (lead); Heritage Provider Network; Fan Ventures; JDRF T1D Fund; Alta Partners; Berggruen Holdings; Alexandria Venture Investments; Khosla Ventures; Uprising; E Squared Capital Management | $38M | eGenesis, founded in 2015 and co-founded by Harvard geneticist George Church and Luhan Yang, is a biotechnology company developing genome editing technology using CRISPR to enable xenotransplantation, specifically transplanting pig organs into humans to address the global organ shortage. The company emerged from stealth mode with a $38 million Series A financing round announced on March 16, 2017, co-led by ARCH Venture Partners and Biomatics Capital Partners, with participation from Alexandria Venture Investments, Alta Partners, Khosla Ventures, Heritage Provider Network, Berggruen Holdings North America, Uprising, and Fan Ventures. This followed a $2 million convertible note in August 2016. The funding supports advancement of eGenesis' platform to produce cloned pigs, termed 'Pig 2.0,' with edited genomes to eliminate risks of rejection and disease transmission in human transplants. At the time, the company operated from a Kendall Square lab in Cambridge, Massachusetts, with plans to expand facilities and grow its team from eight to 15 staff by year-end, focusing on R&D and preclinical studies. Industry veteran Daniel Lynch joined as executive chairman, with Boris Nikolic of Biomatics and Steven Gillis of ARCH added to the board. No financial metrics such as post-money valuation, revenue, ARR, EBITDA, or valuation multiples were disclosed in connection with the round. eGenesis aims to make xenotransplantation a routine procedure, competing with efforts like United Therapeutics in the field, amid a U.S. waiting list exceeding 118,000 patients and daily deaths from organ shortages. |
| Aug 2016 | Seed | - | $2M | - |
Who has invested in EGenesis?
26 investors have backed EGenesis across its funding rounds, including Khosla Ventures, ARCH Venture Partners, Alta Partners, Leaps by Bayer, Fresenius Medical Care and Wellington Partners.
Lead investors include NATCO, Lux Capital, Fresenius Medical Care, ARCH Venture Partners and Biomatics Capital Partners.
EGenesis Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Mar 2017 | ||
| 4 | Participant | Mar 2017 | ||
| 4 | Lead | Mar 2017 | ||
| 3 | Participant | Nov 2019 | ||
| 3 | Lead | Nov 2019 | ||
| 2 | Lead | Mar 2017 | ||
| 2 | Participant | Nov 2019 | ||
| 2 | Participant | Mar 2021 | ||
| 1 | Participant | Mar 2017 | ||
| -- | 1 | Participant | Mar 2017 | |
| 1 | Participant | Mar 2017 | ||
| 1 | Participant | Sep 2024 | ||
| 1 | Participant | Mar 2021 | ||
This data is available for Pro users. Sign up to see all 26 EGenesis investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by EGenesis
EGenesis has acquired 1 company to date.
Last acquisition by EGenesis was on May 20th 2020. EGenesis acquired ICBiotec for undisclosed valuation.
Latest Acquisitions by EGenesis
| Description | ICBiotec is a Scotland-based provider of cloning and reproductive technologies for livestock species. Located in Inverclyde, it offers somatic cell nuclear transfer services for cattle, sheep, and pigs to clients in agriculture and pharma. Founded in 2008, ICBiotec maintains GMP facilities for embryo production and genetic preservation, collaborating with universities on transgenic animal research. |
| HQ Country | |
| HQ City | Madison, WI |
| Deal Date | 20 May 2020 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all EGenesis acquisitions and their M&A valuation multiples. Start Free Trial | |
EGenesis Competitors
EGenesis competitors include listed companies like Johnson & Johnson and Roche, and private ones like Biosplice Therapeutics, Biomat USA, ArsenalBio and BioRay Pharmaceuticals.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $94B | $40B | $651B | 6.8x | ||
| Publicly listed | $77B | $26B | $351B | 4.9x | ||
| Private | - | - | $12B | - | ||
| Private | - | - | $4.2B | - | ||
| Private | - | - | $1.9B | - | ||
| Private | $131M | - | $1.9B | 14.5x |
EGenesis Public Comps
EGenesis is still privately-owned, but its public comps include Samsung, Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Thermo Fisher Scientific and Siemens.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $243B | $67B | 4.4x | 2.4x | 15.8x | 4.4x | |||
| $65B | $28B | 16.5x | 13.1x | 38.7x | 27.0x | |||
| $94B | $40B | 7.2x | 6.8x | 17.0x | 18.3x | |||
| $61B | $17B | 8.7x | 8.1x | 30.6x | 17.6x | |||
| $65B | $28B | 6.3x | 6.2x | 14.7x | 21.0x | |||
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $57B | $22B | 5.5x | 5.5x | 14.2x | 13.3x | |||
| $59B | $19B | 4.8x | 4.5x | 14.6x | 12.7x | |||
This data is available for Pro users. Sign up to see all EGenesis competitors and their valuation data. Start Free Trial | ||||||||
Common questions about EGenesis
| When was EGenesis founded? | EGenesis was founded in 2014. |
| Where is EGenesis headquartered? | EGenesis is headquartered in United States. |
| Is EGenesis publicly listed? | No, EGenesis is a private, VC-backed company. |
| How much funding has EGenesis raised? | EGenesis has raised $470M across 6 funding rounds. |
| What was EGenesis' last funding round? | EGenesis' last funding round was a $14M undisclosed-stage round in August 2026, led by NATCO. |
| Who are EGenesis' investors? | EGenesis' investors include Alta Partners, Khosla Ventures, ARCH Venture Partners, Leaps by Bayer, Fresenius Medical Care, Biomatics Capital Partners, Wellington Partners, Farallon Capital Management, Heritage Provider Network, Fan Ventures and 16 others. |
| Which companies are comparable to EGenesis? | Companies comparable to EGenesis include Johnson & Johnson, Roche, Biosplice Therapeutics, Biomat USA, ArsenalBio and BioRay Pharmaceuticals. |
| How many companies has EGenesis acquired? | EGenesis has acquired 1 company, including ICBiotec. |
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