About this raise
Genobank.io is raising funds on Republic via Crowd SAFE with a $10 million valuation cap. The company aims to address privacy issues in DNA test kits. The team has created the world's first encrypted DNA extraction kit. In doing so, Genobank.io has created a DNA wallet that is decentralized and therefore virtually unhackable. It gives the user complete control over their biorecords, and nobody can gain access without explicit consent. The team is offering both D2C and enterprise models and has a minimum target of $100k.
Investment Overview
Invested $506,319 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- High
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