Fundraising Fox

Vizgen

Cambridge, US · Founded 2019 · Delaware corporation · 146 employees on LinkedIn · 5 known investors

Vizgen develops spatial profiling instruments and reagents for high-throughput analysis of gene expression and protein distribution in tissue samples. The company serves research and diagnostic laboratories in the life sciences and precision oncology fields.

Also known as Vizgen, Inc.

Founders & leadership

Vizgen was founded in 2019 by George Emanuel and Jiang He.

GE
George EmanuelScientific Cofounder, VP & Portfolio Owner, Instruments
JH
Jiang HeScientific Cofounder, VP & Portfolio Owner, Reagents & Scientific Affairs
RC
Robert CarsonExecutive
TL
Terry LoExecutive
SB
Seth BensonExecutive
SL
Simona LeviExecutive
PG
Philip GardellaExecutive

Board

AJAndrea Jackson
Andrea JacksoninBoard directorPartner at Northpond Ventures
KCKeith Crandell
Keith CrandellBoard directorCo-founder & Managing Director at ARCH Venture Partners
CUChristian Uhrich
Christian Uhrichin𝕏Member Board of DirectorsPrincipal at M Ventures
MEMarijn E. Dekkers
Marijn E. DekkersBoard directorChairman at Novalis LifeSciences
MP
Matthew PosardBoard director

Investors · 5

Also in the syndicate · 1

Existing investors

Reported raises · per SEC filings

Form D private placements

$295.1M disclosed across 6 rounds · 2019–2025

$47.8MraisedJan 2026 · 9 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrea JacksonDirector
  • Simona LeviExecutive Officer
  • Robert CarsonExecutive Officer, Director
  • Keith CrandellDirector
  • Matthew PosardDirector
  • Christian UhrichDirector
  • David WaltDirector
Offering amount
$50M
Amount sold
$47.8M
Proceeds to insiders
$931.4K
First sale
Dec 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.5MraisedOct 2025 · 7 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew PosardDirector
  • David WaltDirector
  • Andrea JacksonDirector
  • Keith CrandellDirector
  • Robert CarsonExecutive Officer, Director
  • Christian UrhichDirector
  • Simona LeviExecutive Officer
  • Chris GuiffreExecutive Officer
  • Terry LoDirector
Offering amount
$9.5M
Amount sold
$3.5M
First sale
Oct 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$107.6MraisedOct 2024 · 61 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert CarsonExecutive Officer, Director
  • Andrea JacksonDirector
  • Keith CrandellDirector
  • Christian UhrichDirector
  • Matthew PosardDirector
  • Terry LoDirector
  • Seth BensonExecutive Officer
  • David WaltDirector
  • Simona LeviExecutive Officer
Amount sold
$107.6M
Proceeds to insiders
$400K
First sale
Oct 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$85.2MraisedMay 2022 · 15 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Marijn E. DekkersDirector
  • Keith CrandellDirector
  • Matthew PosardDirector
  • Andrea JacksonDirector
  • David WaltDirector
  • Philip GardellaExecutive Officer
  • Terry LoExecutive Officer, Director
Offering amount
$105.2M
Amount sold
$85.2M
First sale
Apr 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$37MraisedApr 2021 · 12 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Keith CrandellDirector
  • Andrea JacksonDirector
  • Philip GardellaExecutive Officer
  • Terry LoExecutive Officer, Director
  • Marijn E. DekkersDirector
  • David WaltDirector
Offering amount
$37M
Amount sold
$37M
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$14MraisedOct 2019 · 3 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dr. Peidong WangExecutive Officer, Director
  • Dr. Philip GardellaExecutive Officer
  • Dr. Jiang HeExecutive Officer
Offering amount
$14M
Amount sold
$14M
First sale
Oct 2019
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Company profile

researched Aug 2026

Vizgen is a spatial biology company that develops integrated spatial multiomics platforms combining transcriptomics and proteomics. Its transcriptomics offering is MERFISH 2.0 chemistry running on the MERSCOPE and MERSCOPE Ultra instruments, which map up to 1,000 RNA targets at single-cell and subcellular resolution across tissue areas of up to 3 cm2, including FFPE, fixed-frozen and fresh-frozen samples. Its proteomics offering, InSituPlex, uses DNA-barcoded primary antibodies with signal amplification and sequential imaging rounds to perform quantitative multiplex immunofluorescence on whole-slide tissue, delivered through OmniVUE predesigned and U-VUE custom panels. STARVUE provides AI-driven spatial image analysis, and MERSCOPE Visualizer (Vizualizer) is used for interactive data review.

Beyond instruments and reagents, Vizgen operates lab services covering consultation, panel selection or custom panel design (up to roughly 960 genes via an automated portal, for any well-annotated species), protocol optimization, whole-slide imaging on MERSCOPE Ultra, and image/data analysis. The analysis service — cell segmentation, clustering, annotation, cell proximity and interaction, and pathway dynamics — can be purchased stand-alone by customers who generate MERFISH 2.0 data on their own instruments. Stated application areas are neuroscience, oncology (tumor microenvironment and checkpoint protein quantification) and immunology. Products are labeled research use only.

The company reports 200+ MERSCOPE platforms installed globally and, depending on the page, 180+ MERFISH and 200+ MERSCOPE peer-reviewed publications and preprints, or 400+ MERFISH/MERSCOPE publications and preprints. It maintains a public data release program with example datasets spanning breast and colon cancer and human and mouse brain.

Founding story

Founded in 2019 to commercialize spatial genomics for biological research, building on MERFISH technology exclusively licensed from Harvard University. Vizgen states it was co-founded by leaders in single-cell and spatial genomics including Xiaowei Zhuang, PhD, Professor David Walt, PhD, and Jeffrey Moffitt, PhD.

Business model

Vizgen sells capital instruments (MERSCOPE, MERSCOPE Ultra) together with consumable assay chemistry and panels (MERFISH 2.0 predesigned and custom gene panels, InSituPlex OmniVUE and U-VUE protein panels), plus software/AI analysis (STARVUE, MERSCOPE Visualizer). It also runs a fee-for-service lab business providing end-to-end spatial transcriptomics and proteomics experiments and stand-alone data analysis for externally generated data. Stated financing priorities include scaling manufacturing operations, accelerating turnaround times for custom content products and improving margin profile.

Mixed instrument, consumable/panel and services revenue; management describes a stated goal of reaching profitability without providing a timeline.

Traction

200+ MERSCOPE platforms installed globally; 400+ MERFISH/MERSCOPE peer-reviewed publications and preprints per the homepage (about page cites 180+ MERFISH and 200+ MERSCOPE publications and preprints), including more than 100 new high-impact peer-reviewed articles since late 2024.

Latest developments

January 8, 2026: closed a $48 million financing led by ARCH Venture Partners and co-led by M Ventures and Northpond Ventures, with existing investors participating, to fund the innovation roadmap, global reach and manufacturing scale-up. April 1, 2026: founder Professor Xiaowei Zhuang awarded the 2026 Ernest Solvay Prize. April 15, 2026: launch of new panels and AI segmentation tools. May 24, 2026 and June 8, 2026 releases covered a spatial atlas of the healthy human liver and new volumetric tissue mapping spatial data and services presented at the HCA 2026 meeting.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Described on its own site as a leader in spatial multiomics, ranked the #1 private spatial biology company by GEN and named Overall Biotech Company of the Year by the BioTech Breakthrough Awards; an ARCH Venture Partners investor statement credits Vizgen with pioneering single-cell spatial genomics via the 2022 MERSCOPE launch.

Vizgen positions the combination of high-plex MERFISH transcriptomics (up to 1,000 genes at single-cell/subcellular resolution over large tissue areas, including low-quality FFPE) with pathology-grade InSituPlex multiplex protein detection on the same platform family, plus AI analysis, as an integrated multiomics offering; it also cites turnkey usability for labs without optics expertise and custom panel design for any well-annotated species.

Technology

Two complementary platforms. MERFISH (multiplexed error-robust FISH), licensed exclusively from Harvard University, uses combinatorial barcoding and iterative imaging of single-molecule FISH probes to measure copy number and spatial position of thousands of RNA species in intact tissue; MERFISH 2.0 chemistry is described as offering up to 8x higher sensitivity and improved performance on challenging FFPE samples. InSituPlex applies DNA-barcoded primary antibodies with proportional signal amplification and sequential decoding rounds for quantitative, wide-dynamic-range multiplex immunofluorescence that preserves tissue morphology across FFPE and frozen tissue. STARVUE adds AI-based image analysis, and April 2026 releases added new panels and AI segmentation tools.

Go-to-market

Direct commercial sales to research laboratories, with a customer support portal, published datasets and application/technical literature; the company also uses scientific publications, conference presence (e.g., HCA 2026 meeting) and academic and industry partnerships and collaborations to reach customers, and plans to expand global commercial capabilities following its 2026 financing.

Academic and institutional researchers, clinicians and biopharma/drug discovery teams working in neuroscience, oncology and immunology; cited users include the Allen Institute for Brain Science, UCSD and the Technical University of Munich.

Geography

Headquartered in Waltham, Massachusetts, with R&D and lab services operations in nearby Cambridge, Massachusetts; the company describes a global team and globally installed instrument base.

History

After its 2019 founding, Vizgen launched the MERSCOPE platform for single-cell spatial genomics in 2022. In 2024 it merged with Ultivue, combining single-cell spatial genomics with Ultivue's InSituPlex multiplex proteomic biomarker assays into a spatial multiomics portfolio; Rob Carson joined as CEO in 2024 in connection with that merger. Since late 2024 the company launched MERFISH 2.0 chemistry and MERSCOPE Ultra, expanded the InSituPlex and STARVUE proteomics offerings, and in January 2026 closed a $48 million financing following what it describes as the successful resolution of prior litigation.

Risks & controversies

Vizgen's CEO references "prior litigation" that has been resolved, without detail in the available sources. The company states it is working toward but has not achieved profitability, and declined to give a timeline. Product claims and rankings cited are largely self-reported on the company website, and publication counts differ between the homepage and the about page.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Maximum imaged tissue area on MERSCOPE UltraJan 20263 cm2
Maximum RNA targets per MERFISH 2.0 panelJan 20261,000 genes
MERFISH technology peer-reviewed publications and preprintsJan 2026180 publications
MERFISH/MERSCOPE peer-reviewed publications and preprintsJan 2026400 publications
MERSCOPE platform peer-reviewed publications and preprintsJan 2026200 publications
MERSCOPE platforms installed globallyJan 2026200 instruments
New high-impact peer-reviewed articles since late 2024Jan 2026100 publications

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

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

Competitors · 3

by search overlap

Companies competing with Vizgen for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 9

launches, deals, and filings
Jun 2026
Volumetric tissue mapping spatial data and services presented at HCA 2026 meeting

source ↗

May 2026
Spatial atlas of the healthy human liver redefining mammalian liver zonation announced

source ↗

Apr 2026
New panels and AI segmentation tools launched

Vizgen announced the launch of new panels and AI segmentation tools for spatial biology research.

source ↗

Apr 2026
Founder Xiaowei Zhuang awarded 2026 Ernest Solvay Prize

source ↗

Jan 2026
Vizgen closes $48 million financing

Vizgen announced the closing of a $48 million financing led by ARCH Venture Partners and co-led by M Ventures and Northpond Ventures, with participation from existing investors. Proceeds are earmarked for the innovation roadmap, global customer reach and scaling manufacturing operations.

$48M source ↗

Jan 2026
Recognitions as #1 private spatial biology company (GEN) and Overall Biotech Company of the Year (BioTech Breakthrough Awards)

source ↗

Jan 2024
Merger with Ultivue

Vizgen merged with Ultivue, combining single-cell spatial genomics with Ultivue's InSituPlex multiplex proteomic biomarker detection into a spatial multiomics platform.

source ↗

Jan 2024
Rob Carson becomes CEO

Rob Carson joined Vizgen as CEO in 2024, following the company's merger with Ultivue.

source ↗

Jan 2022
MERSCOPE platform launch

Vizgen launched the MERSCOPE platform for in situ single-cell spatial genomics, described by investor Keith Crandell as pioneering single-cell spatial genomics.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
VizgenDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Vizgen do?
Vizgen sells MERFISH-based spatial transcriptomics and InSituPlex multiplex proteomics platforms, assays and lab services.
Who founded Vizgen?
Vizgen was founded by George Emanuel, Jiang He in 2019.
Who are Vizgen's investors?
Vizgen's investors include ARCH Venture Partners, M Ventures, Northpond Ventures, Novalis LifeSciences.
How much funding has Vizgen raised?
Vizgen has disclosed $295.1M raised across 6 rounds.
Where is Vizgen headquartered?
Vizgen is headquartered in Cambridge, US.