article thumbnail

54gene valuation slashed by over $100M amid job cuts and CEO exit

TechCrunch

In August, it sacked 95 employees , mostly contract staff (in labs and sales departments) hired to work in 54gene’s COVID business line launched in 2020. In September, co-founder and VP of Engineering Ogochukwu Francis Osifo left the company. The biotech didn’t specify what roles and departments got trimmed.

Biotech 229
article thumbnail

It’s No Secret: Enterprises Reveal Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Primary Storage

Infinidat

You can find out right now why a slew of Global Fortune 500 enterprises deploy Infinidat enterprise storage solutions, including our award-winning InfiniBox™ SSA II all-flash system, InfiniBox® hybrid, and InfiniGuard®, supported by our unparalleled white glove service.

Storage 70
article thumbnail

‘How can you understand life if you don’t look at it live?’ — Eikon Therapeutics rakes in $518M

TechCrunch

That innovation has formed the basis of a startup that’s been raking in funding since its founding in 2019. The Column Group, Foresite Capital, Innovation Endeavors, Horizons Ventures and Lux Capital, all investors in the company’s Series A round, are returning for the Series B. . “A The movement of proteins within live cells.