ZAGENO
25.5.2023 14:01:43 CEST | ACCESS Newswire | Press release
ZAGENO Empowers Life Science Research with Unparalleled Efficiency and Cost Savings
CAMBRIDGE, MA / ACCESSWIRE / May 25, 2023 / ZAGENO, the leading online marketplace for life science research products, announces the completion of a $33 million funding round. General Catalyst, the largest public pension fund in the United States, Grazia Equity, OakRidge Management Group, and a German investment house led this round, joined by existing investors Capnamic Ventures and HighSage Ventures.
This funding propels ZAGENO's expansion in the United States and Europe, significantly enhancing the accessibility and affordability of life science research products. ZAGENO simplifies product discovery, experiment planning, and seamless purchasing from thousands of suppliers. The marketplace revolutionizes the scientific workflow, saving time and product costs. With a wide selection of quality products and verified suppliers, scientists benefit from competitive pricing fostered by the marketplace's transparency and supplier choice.
"We're thrilled to welcome new investors, including one of America's most powerful shareholder bodies and global leader in the investment industry and a prominent German investment house, while enjoying continued support from General Catalyst and existing investors," said Florian Wegener, CEO of ZAGENO. "This funding empowers scientists to focus on scientific value creation."
ZAGENO's online marketplace offers a vast selection of products and services, including laboratory equipment, consumables, chemicals, antibodies, and customized solutions. By providing scientists access to a network of verified suppliers, the ZAGENO platform enables informed purchasing decisions.
"ZAGENO is transforming the scientific research industry with its groundbreaking platform," said Larry Bohn, Managing Partner at General Catalyst. "We proudly support their journey."
"With this funding, ZAGENO is positioned to deliver even greater value to scientists worldwide," emphasized Joe von Rickenbach, Chairman of the Board of ZAGENO. "Their innovative platform drives unmatched efficiency and cost savings."
ZAGENO is primed for rapid growth and pioneering innovation in the scientific research industry with this new funding.
To learn more about ZAGENO, please visit www.zageno.com.
About ZAGENO
ZAGENO is a marketplace for life science research products. By revolutionizing how scientists discover, procure, and manage life science research products, ZAGENO supports researchers pursuing breakthroughs that improve our lives. With an extensive catalog, advanced search functionality, transparent pricing, and dedicated customer support, ZAGENO simplifies the research workflow and enables scientists to focus on groundbreaking discoveries. ZAGENO is a global company with offices in Cambridge, San Francisco, Berlin, and Bangalore. For more information, visit www.zageno.com.
About General Catalyst
General Catalyst is a venture capital firm that invests in powerful, positive change that endures - for our entrepreneurs, our investors, our people, and society. We support founders with a long-term view who challenge the status quo, partnering with them from seed to growth stage and beyond to build companies that withstand the test of time. With offices in San Francisco, Palo Alto, New York City, London, and Boston, the firm has helped support the growth of businesses such as: Airbnb, Deliveroo, Guild, Gusto, Hubspot, Illumio, Lemonade, Livongo, Oscar, Samsara, Snap, Stripe, and Warby Parker. For more: www.generalcatalyst.com.
Contact Information
Stephanie Harold
pr@zageno.com
+1 (857) 477-8479
Related Files
Related Images
SOURCE: ZAGENO
To view this piece of content from stats.newswire.com, please give your consent at the top of this page.View source version on accesswire.com:
https://www.accesswire.com/757107/ZAGENO-Secures-33M-Funding-to-Revolutionize-Life-Science-Research-Procurement
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
GoodData.AI Recognized in 2026 Gartner(R) Magic Quadrant(TM) for Analytics and BI Platforms2.7.2026 14:05:00 CEST | Press release
GoodData.AI positioned as a Visionary by Gartner® for completeness of vision and ability to execute. SAN FRANCISCO, CA / ACCESS Newswire / July 2, 2026 / GoodData.AI, the AI-native analytics platform, today announced its recognition as a Visionary in the 2026 Gartner® Magic Quadrant™ for Analytics and Business Intelligence Platforms. For GoodData.AI, this recognition marks a significant milestone, reflecting its journey of recognition from a Niche Player to a Visionary - a testament to the company's continued investment in its composable, AI-native analytics architecture and the growing enterprise demand for developer-centric, embedded analytics at scale. At the heart of GoodData.AI's platform is a headless semantic layer that serves as the governed foundation for business intelligence, data science, AI agents, and embedded application experiences. The platform's analytics-as-code approach enables development teams to build, automate and govern analytics like any other software compone
U.S. Polo Assn. Celebrates 250 Years of American Spirit and Collaborates with ESPN on 'Polo in America' Broadcast Special2.7.2026 13:00:00 CEST | Press release
Global sports brand commemorates enduring connection between sport and American culture WEST PALM BEACH, FL / ACCESS Newswire / July 2, 2026 / U.S. Polo Assn.®, the official sports brand of the United States Polo Association (USPA), proudly marks America's 250th Anniversary with a celebration of the nation's enduring spirit - one rooted in sport, heritage, and a distinctly American sense of style. To highlight the connection between U.S. Polo Assn. and the sport of polo, the brand is collaborating with ESPN on a 30-minute broadcast special, 'Breakaway: Polo in America.' The award-winning Breakaway Series will produce a special episode to give audiences an inside look at the long history and significant impact the sport of polo has had on America over the past century. This episode will broadcast globally on ESPN and on Global Polo's YouTube. Founded in 1890, the USPA is one of the oldest national governing bodies for sport in the United States, and U.S. Polo Assn. carries that legacy f
The Inaugural Michelin Guide New Zealand Reveals 1 Two Michelin Stars, 14 One Michelin Star And 35 Bib Gourmands1.7.2026 23:40:00 CEST | Press release
AUCKLAND, NZ / ACCESS Newswire / July 1, 2026 / The inaugural MICHELIN Guide New Zealand 2026 has recognised 110 restaurants across Auckland, Wellington, Christchurch and Queenstown, celebrating exceptional quality, creativity and a strong sense of place. After months of anonymous inspections, the MICHELIN Guide has awarded one restaurant in Queenstown, Essence, Two MICHELIN Stars. Fourteen restaurants have received One MICHELIN Star, 35 have been recognised with a Bib Gourmand for offering good food at great value, and a further 60 are included in the official MICHELIN Guide selection. Gwendal Poullennec, International Director of the MICHELIN Guide, said: "It is rare to award such a quantity of Stars in a country's inaugural launch, New Zealand's performance has been genuinely impressive. The destination presents more than a selection of outstanding restaurants; to our Inspectors, it revealed a contemporary culinary map shaped by unique terroir and a food culture in quiet harmony wit
Clockwork.io Launches The Industry's First Contractual Commitment to End GPU Waste in AI Training1.7.2026 17:00:00 CEST | Press release
"You Only Compute Once" (YOCO) guarantees to resolve 90% of AI training failures with no lost progress, or customers get credit PALO ALTO, CA / ACCESS Newswire / July 1, 2026 / Clockwork.io, pioneer of Software-Driven AI Fabrics™ and the company behind TorchPass AI fault tolerance, today announced the YOCO Guarantee - the industry's first contractual commitment to dramatically reduce the hidden, compounding cost of training failure in large-scale AI infrastructure. The announcement marks a turning point in how the AI industry measures infrastructure reliability - moving beyond uptime metrics designed for a previous era towards goals AI teams value most: whether the job finishes on time, without losing work. Under the YOCO (You Only Compute Once) Guarantee, Clockwork.io commits that at least 90% of training failures on supported TorchPass workloads will be resolved through live GPU migration, with no lost training progress, no checkpoint rollback, and no recompute. If Clockwork.io falls
Hydrosat Launches Data Discovery Platform, Unlocking 500 Million sq km of Satellite Imagery1.7.2026 15:00:00 CEST | Press release
New portal provides on-demand thermal imagery for critical resource monitoring, risk detection, and operational decision-making worldwide. WASHINGTON, D.C. AND LUXEMBOURG CITY, LUXEMBOURG / ACCESS Newswire / July 1, 2026 / Hydrosat, the leading provider of thermal infrared satellite data and AI-powered analytics, today announced the launch of its new Discovery Portal, a centralized gateway for customers to access, explore, and leverage thermal imagery and analytics from space. The Discovery Portal enables organizations to access and evaluate thermal intelligence products powered by Hydrosat's flagship 30 m pixel-size Land Surface Temperature data set and growing constellation of thermal infrared satellites. Unlike traditional optical imagery, thermal imagery captures heat signatures from the Earth's surface, providing actionable insights across vast geographic areas, day or night, and often in conditions where conventional imaging is limited. With over 500 million sq km of imagery alre
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom