Gene+ Funding, Investors & Competitors

Gene+ has raised $224M across 5 funding rounds, most recently a $42M Series D in December 2025.

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Last Gene+ funding round

$42M

Series D · Dec 2025

Cumulative funding Gene+ raised

$224M

across 5 funding rounds

Key investors in Gene+

  • BGI Group
  • Green Pine Capital Partners
  • GGV Capital
  • Fortune Venture Capital
  • Baidu Ventures
  • Co-Stone Venture Capital
  • Volcanics Venture
  • CCB International

Gene+ Overview

About Gene+

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.


Founded

2015

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Product sales, Subscription

Gene+ Funding History

Gene+ has raised a total of $224M across 5 funding rounds.

Gene+'s first fundraising round was a $30M Series A in September 2016. The most recent completed round was a $42M Series D in December 2025.

Gene+ funding rounds

Gene+ funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2025Series DChang Development (lead); Shaoxing Yuecheng District Science and Technology Innovation and Talent Introduction Fund (lead)$42M-
Jul 2021Series CCCB International (lead); Fortune Capital; Alibaba Health; Jinmao Capital; Harvest Capital; Baidu Ventures; CCB Capital; Fortune Venture Capital; GGV Capital; Junci Investment; Sharewin Investment$116M-
Sep 2019Series BCo-Stone Venture Capital (lead); BGI Group; Ronglian Group; Desun Investments; Volcanics Venture; Green Pine Capital Partners$28MThe search results reference a Geneplus Series B financing round led by Co-Stone Venture Capital reported in October 2019, with a round size of approximately 200 million yuan. Co-Stone Venture Capital is a Chinese venture capital and private equity firm that has made over 269 investments across multiple stages, with notable experience in TMT, healthcare, entertainment, and consumer sectors. The firm has accomplished nearly 10 billion RMB in primary market investments over a three-year period and maintains over 170 portfolio companies.
Jan 2019Series ABGI Group (lead)$7MGene+ (Geneplus Technology), founded in April 2015, is a Beijing-based biotech company specializing in precision medical treatment for cancer using its Next Generation Sequencing (NGS) platform and tumor gene database to provide cancer prevention, diagnosis, and treatment services. The company operates in clinical testing services, medical device manufacturing, R&D cooperation, and cancer prevention services, accumulating tumor data from over 400 hospitals and research institutions in China. BGI Genomics made its third investment in Geneplus with a CNY 50 million infusion at the beginning of 2019, following a Series A in 2016, to support development of its gene sequencing platform and early tumor detection efforts. A subsequent Series B round was led by Co-Stone Asset Management with participation from former investors including BGI Genomics.
Sep 2016Series ABGI Group (lead); Huoshanshi Capital; Green Pine Capital Partners$30MBeijing Gene+ Technology (also known as Geneplus), founded in April 2015, is a China-based biotech company specializing in precision medicine for cancer. It provides liquid biopsy testing services, data analytics, gene testing for early cancer detection and prevention, and operates in segments including clinical testing, medical device manufacturing, R&D cooperation, and cancer prevention services. The company utilizes a Next Generation Sequencing (NGS) platform and tumor gene database, serving thousands of patients across around 100 hospitals and accumulating data from over 400 hospitals and research institutions. In September 2016, Beijing Gene+ raised RMB 200 million ($30 million) in a Series A round led by BGI (BGI Group), with participation from Green Pine Capital Partners and Shanghai Huoshanshi Capital (Huoshanshi Capital). This was reported as the largest funding round closed by a precision medicine company in China at the time. The company has since raised follow-on rounds, including a CNY 50 million investment from BGI in early 2019 and a Series B round led by Co-Stone Asset Management with prior investors including BGI Genomics. Gene+ operates in China's competitive gene sequencing and precision oncology market, historically dominated by multinationals like Illumina and ThermoFisher, but with growing domestic players often linked to BGI.

Who has invested in Gene+?

20 investors have backed Gene+ across its funding rounds, including BGI Group, Green Pine Capital Partners, GGV Capital, Fortune Venture Capital, Baidu Ventures and Co-Stone Venture Capital.

Lead investors include Chang Development, Shaoxing Yuecheng District Science and Technology Innovation and Talent Introduction Fund, CCB International, Co-Stone Venture Capital and BGI Group.


Gene+ Investors

Investors in Gene+ by funding rounds participated
InvestorHQRoundsRoleFirst check
BGI GroupChinaShenzhen3LeadSep 2016
Green Pine Capital PartnersChinaShenzhen2ParticipantSep 2016
Fortune CapitalUnited StatesMiami, FL1ParticipantJul 2021
Alibaba HealthChinaBeijing1ParticipantJul 2021
CCB InternationalHong KongHong Kong1LeadJul 2021
Ronglian GroupChinaBeijing1ParticipantSep 2019
Huoshanshi CapitalChinaShanghai1ParticipantSep 2016
Jinmao CapitalChinaBeijing1ParticipantJul 2021
Chang DevelopmentChinaBeijing1LeadDec 2025
Desun InvestmentsChinaChengdu1ParticipantSep 2019
Harvest CapitalChinaBeijing1ParticipantJul 2021
Baidu VenturesChinaBeijing1ParticipantJul 2021
CCB CapitalChinaBeijing1ParticipantJul 2021

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Gene+ Competitors

Gene+ competitors include listed companies like IDEXX Laboratories, IQVIA, GE HealthCare and ICON plc, and private ones like BrightInsight and Benchling.

Public and private companies comparable to Gene+
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
IDEXX LaboratoriesUnited StatesUnited StatesPublicly listed$4.3B$1.5B$40B8.9x
BrightInsightUnited StatesSan Francisco, CAPrivate--$750M-
IQVIAUnited StatesUnited StatesPublicly listed$16B$3.4B$44B3.4x
GE HealthCareUnited StatesUnited StatesPublicly listed$21B$3.7B$29B1.8x
ICON plcUnited StatesUnited StatesPublicly listed$8.3B$816M$13B1.9x
BenchlingUnited StatesSan Francisco, CAPrivate$210M-$6.1B29.0x

Gene+ Public Comps

Gene+ is still privately-owned, but its public comps include Roche, Natera, IQVIA, Veeva, IDEXX Laboratories, Roper Technologies, Illumina, GE HealthCare, Guardant Health and ICON plc.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Roche$77B$26B5.0x4.9x14.6x12.4x
Natera$2.3B($266M)22.5x19.0x(195.0x)(261.5x)
IQVIA$16B$3.4B3.6x3.4x17.2x14.8x
Veeva$3.2B$965M11.1x10.2x36.9x22.4x
IDEXX Laboratories$4.3B$1.5B9.5x8.9x27.1x24.9x
Roper Technologies$7.9B$3.2B6.1x5.7x15.2x14.6x
Illumina$4.3B$1.4B8.8x8.4x27.1x30.0x
GE HealthCare$21B$3.7B1.8x1.8x10.1x10.0x

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Common questions about Gene+

When was Gene+ founded?Gene+ was founded in 2015.
Where is Gene+ headquartered?Gene+ is headquartered in Beijing, China.
Is Gene+ publicly listed?No, Gene+ is a private, VC-backed company.
How much funding has Gene+ raised?Gene+ has raised $224M across 5 funding rounds.
What was Gene+'s last funding round?Gene+'s last funding round was a $42M Series D in December 2025, led by Chang Development and Shaoxing Yuecheng District Science and Technology Innovation and Talent Introduction Fund.
Who are Gene+'s investors?Gene+'s investors include BGI Group, Green Pine Capital Partners, Fortune Capital, Alibaba Health, CCB International, Ronglian Group, Huoshanshi Capital, Jinmao Capital, Chang Development, Desun Investments and 10 others.
Which companies are comparable to Gene+?Companies comparable to Gene+ include IDEXX Laboratories, BrightInsight, IQVIA, GE HealthCare, ICON plc and Benchling.

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