/Companies

Elegen

San Carlos, US · Founded 2017 · Delaware corporation · 60 employees on LinkedIn · 8 known investors

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Elegant Bio develops DNA synthesis technology and services, offering ENFINIA™ DNA synthesis at scale for biotech and research applications.

Founders & leadership

Elegen was founded in 2017 by Matthew Hill.

MHMatthew Hill
Matthew HillFounderMatthew Hill is an executive officer and director at Elegen, which develops DNA synthesis technology and services, including ENFINIA DNA synthesis at scale for biotech and research applications. He has over 20 years of experience in the life sciences spanning research, product development, and leadership.

Board

PZPeter Zhou
Peter ZhouBoard MemberGeneral Partner at Triatomic Capital
CMCain McClary
Cain McClaryBoard directorManaging Partner & Founder at KdT Ventures
JSJonathan Sheena
Jonathan SheenaBoard MemberFounder at Natera

Investors · 8

Reported raises · per SEC filings

Form D private placements

$33M disclosed across 1 round · 2024

▶$33MraisedMay 2024 · 28 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew HillExecutive Officer, Director
  • Peter ZhouDirector
  • Jonathan SheenaDirector
  • Cain McClaryDirector
Offering amount
$36M
Amount sold
$33M
First sale
May 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Elegen went on to found or lead other companies.

Related companies · 1

Companies working in the same space as Elegen.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2020$2M

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Elegen do?
Elegant Bio develops DNA synthesis technology and services, offering ENFINIA™ DNA synthesis at scale for biotech and research applications.
Who founded Elegen?
Elegen was founded by Matthew Hill in 2017.
Who are Elegen's investors?
Elegen's investors include ACVC Partners, Andreessen Horowitz, In-Q-Tel, Raptor Group, Triatomic Capital, AME Cloud Ventures, Digitalis Ventures, KdT Ventures.
How much funding has Elegen raised?
Elegen has disclosed $33M raised across 1 round.
Where is Elegen headquartered?
Elegen is headquartered in San Carlos, US.