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- GeneMind Biosciences
GeneMind Biosciences Valuation, Funding & Investors
GeneMind Biosciences is valued at $573M as of March 2025.
Last GeneMind Biosciences valuation
$573M
Undisclosed stage · Mar 2025
Last GeneMind Biosciences funding round
$89M
Series D · Sep 2026
Cumulative funding GeneMind Biosciences raised
$204M
across 4 funding rounds
Key investors in GeneMind Biosciences
SZHTI Group
Voyagers Capital
Guangzhou Kingmed
Rongquan Venture Capital
Shuangye Venture Capital
Shenzhen Capital Group
About GeneMind Biosciences
GeneMind Biosciences produces third-generation single-molecule gene sequencing systems, delivering advanced tools for clinicians and researchers through ongoing technological breakthroughs.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$573M (Mar 2025)
GeneMind Biosciences Valuation
GeneMind Biosciences is currently valued at $573M, based on its undisclosed-stage round in March 2025.
The $39M round included Guangzhou Kingmed, Voyagers Capital, JinHe Ziben, Rongquan Venture Capital, Qianhe Capital and 2 other investors.
GeneMind Biosciences' valuation has grown 1.0x from $557M at its Series B in September 2020 to $573M in March 2025, across 2 priced rounds.
GeneMind Biosciences valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2025 | Undisclosed stage | $573M |
| Sep 2020 | Series B | $557M |
GeneMind Biosciences Funding History
GeneMind Biosciences has raised a total of $204M across 4 funding rounds.
GeneMind Biosciences' first fundraising round was a $21M Series B in September 2020. The most recent completed round was a $89M Series D in September 2026.
GeneMind Biosciences funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2026 | Series D | China Reform Fund Management (lead); Rongquan Venture Capital (lead); Shanghai International Group (SIG) (lead); Shenzhen Capital Group (lead); Xiangjiang State Investment; Voyagers Capital; Caixin Industry Fund; Guosheng Hongyuan; Delian Capital; SZHTI Group; Shuangye Venture Capital | $89M | - | GeneMind Biosciences (真迈生物) completed a nearly RMB 600 million Series D financing on September 14, 2026. The round was led by Shanghai International Group Investment, Shenzhen Capital Group, Rongquan Venture Capital, and China Reform Fund Management, with participation from Caixin Industry Fund, Delian Capital, Guosheng Hongyuan, Shuangye Venture Capital, Xiangjiang State Investment, Guangtou Capital, Renxian Capital, Voyagers Capital, SZHTI Group, and others. The company said the proceeds will support technology innovation, industrialization delivery, and global market expansion, and will further expand its sequencing and multi-omics life-science tools platform. GeneMind is a Shenzhen-based sequencing technology company focused on DNA sequencing systems, reagents, and related life-science tools. The financing followed its Series C+ round completed in May 2025, and the company positioned the new capital toward product development, capacity expansion, regulatory progress, and overseas commercialization. |
| Mar 2025 | Undisclosed stage | Guangzhou Kingmed; Voyagers Capital; JinHe Ziben; Rongquan Venture Capital; Qianhe Capital; Sansure Biotech; Shuangye Venture Capital | $39M | $573M | GeneMind Biosciences is a biotech company that has raised a total of $252.97M across 9 funding rounds from 26 investors. The latest round identified is Series C - III on May 28, 2025, raising $38.89M from investors including Jinhe Capital (likely JinHe Ziben), KingMed Diagnostics, Sansure Biotech, Shengwei Rongquan (likely Rongquan Venture Capital), Qianhe Capital, Shuange Chuang Ventures (likely Shuangye Venture Capital), Voyagers Capital, Haikou Junxin, and undisclosed investors. |
| Aug 2023 | Series C | Guoxin Investment (lead); Guangzhou Kingmed (lead); Caixin Capital; SZHTI Group; Changzhou Shuangye Venture Capital; Guochuang Zhiyuan | $55M | - | GeneMind Biosciences is a genomics company developing third-generation single-molecule gene sequencing systems and platforms, founded in 2012, with a focus on expanding R&D for products and applications as well as international markets. The company has raised a cumulative $252.97M across 9 funding rounds from 26 investors, including multiple Series C tranches. Later rounds include Series C on 05/25/2022 and Series C - III on 05/28/2025 for $38.89M led by investors like Jinhe Capital and KingMed Diagnostics, plus a CNY 130M equity round expected on 03/07/2025. GeneMind continues international expansion, partnering with global players in sequencing as of 2025. |
| Sep 2020 | Series B | Sincere Capital (lead) | $21M | $557M | GeneMind Biosciences is a biotechnology company focused on genomics and sequencing technologies, having raised a total of $252.97M across 9 funding rounds as of May 2025. The company has attracted 26 investors overall. A key early-stage round was a Series B on August 31, 2020, where it raised $20.5M led by Sincere Capital, with a post-money valuation of $557M, including later participants like Sansure Biotech, KingMed Diagnostics, and Voyagers Capital in its Series C - III round of $38.89M on May 28, 2025. The company's progression from Series B in 2020 to multiple Series C rounds by 2025 indicates sustained investor interest in its genomics platform amid China's growing biotech ecosystem. |
Who has invested in GeneMind Biosciences?
20 investors have backed GeneMind Biosciences across its funding rounds, including SZHTI Group, Voyagers Capital, Guangzhou Kingmed, Rongquan Venture Capital, Shuangye Venture Capital and Shenzhen Capital Group.
Lead investors include China Reform Fund Management, Rongquan Venture Capital, Shanghai International Group (SIG), Shenzhen Capital Group, Guoxin Investment and 2 other investors.
GeneMind Biosciences Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Aug 2023 | ||
| -- | 2 | Participant | Mar 2025 | |
| -- | 2 | Lead | Mar 2025 | |
| 2 | Participant | Aug 2023 | ||
| 2 | Participant | Mar 2025 | ||
| 1 | Lead | Sep 2020 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Lead | Sep 2026 | ||
| 1 | Participant | Mar 2025 | ||
| 1 | Participant | Aug 2023 | ||
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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 TrialGeneMind Biosciences Competitors
GeneMind Biosciences competitors include listed companies like Pacific Biosciences and Sansure Biotech, and private ones like Inscripta, Cellanome, Clear Labs and Genesis Healthcare.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $565M | - | ||
| Private | - | - | $525M | - | ||
| Publicly listed | $160M | ($153M) | $429M | 5.6x | ||
| Private | - | - | $413M | - | ||
| Private | - | - | $389M | - | ||
| Publicly listed | $245M | $48M | $1.4B | 4.1x |
GeneMind Biosciences Public Comps
GeneMind Biosciences is still privately-owned, but its public comps include Fulgent Genetics, Scribe Therapeutics, OmniAb, Avacta Group, Eikon Therapeutics, Genfit, Pacific Biosciences, SOPHiA Genetics, Prenetics Global and Alpha Teknova.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $323M | ($77M) | 1.1x | 1.1x | (4.5x) | (6.2x) | |||
| $51M | ($21M) | 14.2x | - | (34.0x) | - | |||
| $19M | ($47M) | 32.8x | 20.2x | (13.0x) | (18.4x) | |||
| $152K | ($38M) | 3242.0x | 184.3x | (13.0x) | (14.4x) | |||
| - | ($315M) | - | - | (0.6x) | (0.5x) | |||
| $75M | ($98M) | 9.9x | 7.9x | (7.7x) | 52.1x | |||
| $160M | ($153M) | 5.6x | 5.6x | (5.9x) | (6.9x) | |||
| $77M | ($65M) | 8.8x | 7.5x | (10.4x) | (18.8x) | |||
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Common questions about GeneMind Biosciences
| When was GeneMind Biosciences founded? | GeneMind Biosciences was founded in 2012. |
| Where is GeneMind Biosciences headquartered? | GeneMind Biosciences is headquartered in Guangzhou, China. |
| Is GeneMind Biosciences publicly listed? | No, GeneMind Biosciences is a private, VC-backed company. |
| What is GeneMind Biosciences' valuation? | GeneMind Biosciences was last valued at $573M in its undisclosed-stage round in March 2025. |
| How much funding has GeneMind Biosciences raised? | GeneMind Biosciences has raised $204M across 4 funding rounds. |
| What was GeneMind Biosciences' last funding round? | GeneMind Biosciences' last funding round was a $89M Series D in September 2026, led by China Reform Fund Management, Rongquan Venture Capital, Shanghai International Group (SIG) and Shenzhen Capital Group. |
| Who are GeneMind Biosciences' investors? | GeneMind Biosciences' investors include Guangzhou Kingmed, Voyagers Capital, Rongquan Venture Capital, SZHTI Group, Shuangye Venture Capital, Sincere Capital, Xiangjiang State Investment, Caixin Industry Fund, Guosheng Hongyuan, Delian Capital and 10 others. |
| Which companies are comparable to GeneMind Biosciences? | Companies comparable to GeneMind Biosciences include Inscripta, Cellanome, Pacific Biosciences, Clear Labs, Genesis Healthcare and Sansure Biotech. |
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