S2 Genomics

Overview

S2 Genomics is a biotechnology company specializing in the development of laboratory automation solutions for processing solid tissues for single-cell applications. The company, founded in 2016 by Dr. Stevan Jovanovich, is headquartered in Livermore, California. S2 Genomics focuses on automated processing systems that convert tissue samples into single-cell or nuclei preparations, which are crucial for genomics and cell biology studies. The company has raised $16 million in Series A funding, led by BroadOak Capital Partners and RCT.

Recent Developments

  • April 2024: S2 Genomics announced the launch of a groundbreaking FFPE (formalin-fixed, paraffin-embedded) sample preparation product for single-cell applications, expanding their capabilities in tissue sample processing.
  • January 2024: The company raised $16 million in a Series A funding round led by BroadOak Capital Partners and Research Corporation Technologies. This funding will accelerate the commercialization of the Singulator platform, which automates the dissociation of tissue samples into single cells or nuclei.
  • January 2023: S2 Genomics entered a distribution agreement with Bonsailab to serve the Iberian Peninsula, enhancing its market presence in Europe.
  • April 2022: A new marketing agreement with Applied Cells was announced, focusing on solutions for tumor biology, reflecting S2 Genomics' commitment to advancing cancer research.

Company Information

AttributeInformation
Founding Date2016
HeadquartersLivermore, CA, USA
FoundersDr. Stevan Jovanovich
Revenue$945,000 (2024)
Key InvestorsBroadOak Capital Partners, RCT
IndustryBiotechnology, Genomics
Number of Employees31

Early History

S2 Genomics was founded in 2016 by Dr. Stevan Jovanovich with a mission to innovate in automated tissue processing for single-cell analysis. The company's initial focus was on developing the Singulator, an instrument designed to ease sample preparation for single-cell genomics. By automating the complex and labor-intensive process of tissue dissociation, S2 Genomics aimed to improve the efficiency and accuracy of cell biology studies. The company quickly gained attention for its potential to streamline workflows in genomics laboratories, securing early partnerships with research institutions and biotech firms.

Company Profile and Achievements

S2 Genomics operates in the space between traditional laboratory processes and cutting-edge genomic technologies. The company’s flagship product, the Singulator, facilitates the preparation of single-cell or nuclei suspensions from solid tissue samples. The machine's ability to handle various types of tissue, including fresh, frozen, and FFPE, while maintaining high yield and viability, has led to its adoption in leading research labs and institutions. Notable milestones include:

  • 2020: Launch of the Singulator, which quickly became integral to many genomics workflows due to its efficiency and reliability.
  • 2023: Expansion of the Singulator's capabilities to handle more tissue types and integration with additional genomic assays, enhancing its utility.
  • 2024: Introduction of FFPE sample preparation solutions, enabling wider applications in cancer and clinical research.

Current Operations and Market Position

Currently, S2 Genomics is positioned as a leader in single-cell preparation technologies. The company’s products are widely used in academic research, pharmaceutical development, and clinical settings, particularly for cancer research, due to their ability to reliably dissociate complex tissue structures into analyzable cellular components. As the demand for single-cell analysis grows, S2 Genomics is expected to expand its market share through continued innovation and strategic partnerships.

Conclusion

S2 Genomics is a pioneering entity in the biotechnology sector, providing essential tools for the burgeoning field of single-cell analysis. With a solid foundation in automation and a commitment to advancing genomic research, the company's trajectory is poised for growth in tandem with the expanding genomics market. Their focus on innovation and strategic expansion suggests a promising future that could significantly impact the research methodologies and applications in biotechnology and healthcare industries.

References

  1. Crunchbase
  2. Business Wire
  3. S2 Genomics Official Website
  4. Craft.co
  5. RocketReach
  6. LinkedIn
  7. ZoomInfo
  8. Growjo