Metagenomi

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Human Gene Editing?
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Seed
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R&D therapies: Other technologies
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Metagenomi specializes in gene editing to develop novel therapeutics for oncology, metabolic, and genetic diseases, using its proprietary gene editing discovery platform based on metagenomics—environment-derived genetic materials or microbes. This platform enables highly precise editing compared with existing gene editing technologies. The company’s discovery engine leverages AI-powered cloud computing and a comprehensive database of metagenomic data containing 310 trillion base pairs (equivalent to more than 34,000x human genomes) to identify more than 100 novel nuclease families. 

Metagenomi’s clinical pipeline consists of 11 in vivo (gene editing done inside the body) therapeutics targeting metabolic and genetic disorders such as hemophilia A and cystic fibrosis. The company was also developing two ex vivo (gene editing done in a specialized laboratory and returned to the body) cell therapy programs focused on immuno-oncology and autoimmune indications. As of March 2024, all of the company’s programs were in the preclinical stages . 

Key customers and partnerships

The company has partnered with other biotech and pharmaceutical companies to offer its platform, including with Affini-T Therapeutics (January 2022) to jointly develop ex vivo cell therapies for solid tumor, Moderna (November 2021) to develop in vivo therapies for undisclosed targets, and Vor Biopharma (August 2020) to develop hematopoietic stem cell-based therapies for blood cancers such as acute myeloid leukemia.

Funding and financials

In its latest extended Series B funding round in January 2023, co-led by Novo Holdings A/S, Catalio Capital Management and SymBiosis, Metagenomi raised USD 100 million, bringing the company’s total Series B funds to USD 275 million. The new funds were to be used to advance its lead programs through preclinical development and into clinical proof-of-concept studies. Having raised a total of USD 457 million since inception in 2018, the company has also secured investments from Moderna Therapeutics, Leaps by Bayer, and Bristol-Myers Squibb.

HQ location:
1545 Park Avenue Emeryville CA USA
Founded year:
2018
Employees:
101-250
IPO status:
Public
Total funding:
USD 457.0 mn
Last Funding:
USD 100.0 mn (Series B; Jan 2023)
Last valuation:
USD 101.4 mn (Nov 2020)
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