Ultima Genomics

Genomics Sequencing Technology

Health Tech & Life Sciences
Private

Company Overview

Snapshot

Founded in December 2016 by Gilad Almogy, Ultima Genomics operates with 201–500 employees. The company has raised a total of $604.22 million across two funding rounds from 7 investors. In January 2024, Ultima Genomics announced a collaboration with Quest Diagnostics to scale its technology in minimal residual disease and whole genome sequencing.

Business overview

Ultima Genomics is dedicated to advancing genomic information to drive progress in biology and enhance human health. The company's core technology is a novel sequencing architecture designed to significantly reduce sequencing costs, thereby enabling broader, deeper, and more frequent use of genomic data. Ultima Genomics serves the health tech and life sciences sectors, focusing on areas such as diagnostics, genetics, and biotechnology.

Strategic signal

In January 2024, Ultima Genomics announced a strategic collaboration with Quest Diagnostics to expand the application of its sequencing technology in minimal residual disease and whole genome sequencing. This partnership signals strong market validation for Ultima's platform and indicates a significant step towards broader commercial adoption and integration into clinical diagnostic workflows, positioning the company for accelerated growth in key healthcare segments.

Company Intelligence Q&A

What is Ultima Genomics' primary focus?
Ultima Genomics focuses on driving the scale of genomic information to enable unprecedented advances in biology and improvements in human health through its new sequencing architecture.
When was Ultima Genomics founded?
Ultima Genomics was founded in December 2016.
Which company did Ultima Genomics partner with in January 2024?
In January 2024, Ultima Genomics collaborated with Quest Diagnostics to scale its technology in fast-growing minimal residual disease and whole genome sequencing.
What was a significant partnership for Ultima Genomics in June 2022?
In June 2022, Ultima Genomics collaborated with NVIDIA to deliver $100 genome sequencing with AI and accelerated computing.
What product did Ultima Genomics launch in February 2024?
In February 2024, Ultima Genomics launched its UG-100™ System and presented data at AGBT.

External links