Illumina and Sequoia Capital China Partner to Launch Genomics Incubator in China - Seite 2

During two six-month funding cycles per year, the genomics incubator will provide selected startups with access to investment and business guidance from Sequoia Capital China, access to Illumina sequencing systems and reagents, as well as genomics expertise, and fully operational lab space in Shanghai, China. The inaugural funding cycle of the genomics incubator will begin in Fall 2021.

“China has a vibrant genomic startup ecosystem, supported by the country’s strategic plan and robust long-term investment. We’re thrilled to bring our best genomics technologies and innovation models to this market and Chinese innovators,” said Li Qing, Vice President and General Manager of Greater China at Illumina. “Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina will fuel genomic startup creation and demonstrates Illumina’s development and commitment in China.”

Applications for the inaugural funding cycle of Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina, are open until June 1, 2021. To learn more, please visit the application website.

About Illumina For Startups

Illumina for Startups is focused solely on creating an innovation ecosystem for the genomics industry by partnering with leading venture capital investors and entrepreneurs to create, launch, and grow genomics startups. Illumina for Startups initiatives include Illumina Accelerator, founded in 2014, and Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina, launching Fall 2021. Illumina Accelerator is a company creation engine co-located with Illumina research and development sites in San Francisco Bay Area and Cambridge, UK. Illumina Accelerator has invested in 45 genomics startups from across the globe, which have collectively raised nearly $600 million in venture capital funding. For more information, visit our website.

About Illumina

Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as the global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit www.illumina.com and connect with us on Twitter, Facebook, LinkedIn, Instagram, and YouTube.