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- GenEdit
GenEdit Funding, Investors & Competitors
GenEdit has raised $128M across 5 funding rounds, most recently a $60M Series B in February 2026.
Last GenEdit funding round
$60M
Series B · Feb 2026
Cumulative funding GenEdit raised
$128M
across 5 funding rounds
Key investors in GenEdit
loftyrock investment
Qiming Venture Partners
Korea Investment Partners
Korea Development Bank
Mirae Asset Venture Investment
DSC Investment
Eli Lilly
STIC Ventures
About GenEdit
GenEdit is a South San Francisco-based biotechnology firm developing non-viral nanoparticle delivery systems for gene editing therapies. The NanoGalaxy platform screens billions of lipid nanoparticles to deliver CRISPR-Cas9 and other editors to specific tissues like liver, muscle, and brain. This approach addresses limitations of viral vectors by enabling safer, scalable production. Founded in 2017, GenEdit has raised over $50 million in funding and collaborates with Stanford University researchers. Its technology supports applications in genetic diseases such as muscular dystrophy and liver disorders.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
GenEdit Funding History
GenEdit has raised a total of $128M across 5 funding rounds.
GenEdit's first fundraising round was a $9M seed round in December 2018. The most recent completed round was a $60M Series B in February 2026.
GenEdit funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2026 | Series B | DSC Investment (lead); Yuanta Investment (lead); ACVC Partners; STIC Ventures; Top Harvest Capital; Woori Venture Partners; Korea Investment Partners; Dayli Partners; loftyrock investment; Kiwoom Investment; SV Investment; Pathway Investment | $60M | BreezeBio, formerly known as GenEdit, is a South San Francisco-based genetic medicines company that raised $60 million in a Series B funding round on February 25, 2026. The round was co-led by Yuanta Investment and DSC Investment, with participation from SV Investment, Kiwoom Investment, Dayli Partners, and other investors. The company specializes in developing polymer nanoparticles called NanoGalaxy that enable precise delivery of gene-based therapeutics to specific tissues in the body, with the ability to target multiple tissues and be dosed repeatedly. As GenEdit, the company had established collaborations with major pharmaceutical and biotech firms including Sarepta Therapeutics, Editas Medicine, and Genentech, demonstrating the viability of its platform technology. With the Series B capital, BreezeBio is shifting strategy from a platform provider model to developing its own internal pipeline of therapies, with initial focus on autoimmune diseases and oncology. The company is also expanding its technological capabilities to support in vivo cell therapies, which have become increasingly important in treating autoimmune conditions. The announcement of the rebrand from GenEdit to BreezeBio and the pivot to internal drug development came concurrent with the Series B raise. |
| Jan 2024 | Series A | Pathway Partners; KIMCO; Dong-A ST; loftyrock investment; Korea Development Bank; Mirae Asset Venture Investment; K2 Investment Partners; Huons Co; ACVC; Terra VC | $24M | GenEdit is a biotechnology company based in South San Francisco, California, focused on overcoming delivery challenges in genetic medicines using its NanoGalaxy platform, which comprises thousands of unique non-viral, non-lipid polymer nanoparticles. The platform enables iterative screening to identify optimal nanoparticles for delivering payloads like small interfering RNA, messenger RNA, and gene editors to specific tissues for treating diseases including nervous system disorders, extrahepatic conditions, and autoimmune indications. GenEdit maintains facilities in South San Francisco and South Korea with approximately 40 employees. On January 23-24, 2024, GenEdit closed a $24 million Series A1 financing round, bringing its total funding to $58.5 million since inception, following an $8.5 million seed in 2018 and $26 million Series A in 2021. New investors included ACVC, Dong-A ST, Huons, K2 Investment Partners, KIMCO, Korea Development Bank (KDB Silicon Valley), LoftyRock Investment, Mirae Asset Venture Investment, Pathway Partners, and Terra VC, alongside existing backers like Eli Lilly, Sequoia Capital, and Korea Investment Partners. Proceeds will advance the NanoGalaxy platform and a preclinical pipeline, providing runway for GenEdit's first human trials in nervous system disorders. Concurrently, GenEdit entered a multiyear collaboration and license agreement with Genentech for developing hydrophilic nanoparticles targeting autoimmune disorders. Genentech paid $15 million upfront, with GenEdit eligible for up to $629 million in milestones and tiered royalties; Genentech handles all preclinical, clinical, regulatory, and commercialization efforts. This follows prior partnerships with Eli Lilly and Sarepta Therapeutics, highlighting GenEdit's technology for diverse genetic medicine applications. |
| Nov 2021 | Angel | Qiming Venture Partners (lead) | $9M | GenEdit Inc., a California-based gene therapy company founded in 2016 with total funding of $81M and current valuation of $166M, and GenEditBio Limited, a Hong Kong-headquartered biotechnology company specializing in lipid nanoparticle (LNP)-based delivery systems for genome editing. Qiming Venture Partners is an investor in GenEditBio with a recorded investment date of January 20, 2024. GenEditBio has total historical funding of $90M and has entered into strategic partnerships including a cross-license agreement with ToolGen Inc. announced in November 2025 to advance in vivo genome-editing therapeutics. |
| Sep 2021 | Series A | Eli Lilly (lead) | $26M | GenEdit Inc., a South San Francisco-based biotech founded in 2016, develops genetic medicines using its NanoGalaxy platform, which features a library of thousands of unique non-viral, non-lipid polymer nanoparticles for targeted delivery to overcome limitations in gene editing therapies. The company announced a $26 million funding round on September 23, 2021, with participation from new investors including Eli Lilly and Company as lead, KTB Network, Company K Partners, Korea Investment Partners, DAYLI Partners, KB Investment, IMM Investment, Timefolio Asset Management, and returning investors DCVC Bio, SK Holdings, Bow Capital, and Sequoia Capital. This Series A round brought total funding to $43.7 million, supporting advancement of its gene therapy delivery system designed to reduce side effects. Post-round, GenEdit expanded partnerships with major pharma. In February 2022, it collaborated with Sarepta Therapeutics, potentially receiving up to $57 million in near-term payments for gene-editing therapeutics targeting neuromuscular diseases. In January 2023, Roche's Genentech partnered with GenEdit for up to $644 million, including $15 million upfront, to develop non-viral nanoparticle delivery for nucleic acid-based autoimmune therapies using the NanoGalaxy platform. These deals highlight GenEdit's technology for payload flexibility, tissue selectivity, re-dosing capability, and low immunogenicity. GenEdit later rebranded to BreezeBio and raised $60 million to advance a drug candidate restoring immune tolerance in Type 1 diabetes into IND-enabling studies. |
| Dec 2018 | Seed | DCVC Bio (lead); SK Holdings; Bow Capital; Sequoia Capital | $9M | GenEdit is a biotechnology company developing a novel polymer nanoparticle technology platform for non-viral delivery of gene therapeutics, addressing safe and efficient delivery challenges in gene therapy and gene editing. The company focuses on applications including CRISPR/Cas12a, Duchenne Muscular Dystrophy, and Autism, with publications in Nature Biomedical Engineering and Nature Communications. Founded in 2016 by CEO Kunwoo Lee and CTO Hyo Min Park, GenEdit's platform supports homology-directed gene repair, other gene therapies, proteins, and drug molecules. On December 11, 2018, GenEdit closed an $8.5 million Series Seed financing round led by DCVC Bio and SK Holdings, with participation from Sequoia Capital and Bow Capital. DCVC Bio Managing Partner Kiersten Stead, Ph.D., and Natera co-founder Matthew Rabinowitz, Ph.D., joined the board. The funding aims to demonstrate proof of concept, advance the proprietary polymer nanoparticle system, and develop a pipeline of non-viral gene-editing-based therapeutics. |
Who has invested in GenEdit?
27 investors have backed GenEdit across its funding rounds, including loftyrock investment, Qiming Venture Partners, Korea Investment Partners, Korea Development Bank, Mirae Asset Venture Investment and DSC Investment.
Lead investors include DSC Investment, Yuanta Investment, Qiming Venture Partners, Eli Lilly and DCVC Bio.
GenEdit Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jan 2024 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Jan 2024 | ||
| 1 | Lead | Dec 2018 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Dec 2018 | ||
| 1 | Lead | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Lead | Nov 2021 | ||
| 1 | Participant | Jan 2024 | ||
| 1 | Participant | Feb 2026 | ||
This data is available for Pro users. Sign up to see all 27 GenEdit 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 TrialGenEdit Competitors
GenEdit 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 |
GenEdit Public Comps
GenEdit 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 GenEdit competitors and their valuation data. Start Free Trial | ||||||||
Common questions about GenEdit
| When was GenEdit founded? | GenEdit was founded in 2016. |
| Where is GenEdit headquartered? | GenEdit is headquartered in San Francisco, CA, United States. |
| Is GenEdit publicly listed? | No, GenEdit is a private, VC-backed company. |
| How much funding has GenEdit raised? | GenEdit has raised $128M across 5 funding rounds. |
| What was GenEdit's last funding round? | GenEdit's last funding round was a $60M Series B in February 2026, led by DSC Investment and Yuanta Investment. |
| Who are GenEdit's investors? | GenEdit's investors include loftyrock investment, ACVC Partners, Pathway Partners, DCVC Bio, STIC Ventures, Top Harvest Capital, Woori Venture Partners, SK Holdings, DSC Investment, Korea Investment Partners and 17 others. |
| Which companies are comparable to GenEdit? | Companies comparable to GenEdit include Johnson & Johnson, Roche, Biosplice Therapeutics, Biomat USA, ArsenalBio and BioRay Pharmaceuticals. |
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