ZAGENO: Life Science Research Product Marketplace Receives $33 Million In Funding

By Annie Baker • Jun 13, 2023

ZAGENO – the leading online marketplace for life science research products – recently announced the completion of a $33 million funding round. And General Catalyst, the largest public pension fund in the United States, Grazia Equity, OakRidge Management Group, and a German investment house led this funding round. They were also joined by existing investors Capnamic Ventures and HighSage Ventures.

This funding round is going to propel ZAGENO’s expansion in the United States and Europe, significantly enhancing the accessibility and affordability of life science research products. And ZAGENO simplifies product discovery, experiment planning, and seamless purchasing from thousands of suppliers.
This marketplace revolutionizes the scientific workflow, saving time, and product costs. And with a wide selection of quality products and verified suppliers, scientists benefit from competitive pricing fostered by the marketplace’s transparency and supplier choice.

ZAGENO’s online marketplace provides a vast selection of products and services, including laboratory equipment, consumables, chemicals, antibodies, and customized solutions. And by providing scientists access to a network of verified suppliers, the ZAGENO platform enables informed purchasing decisions.

KEY QUOTES:

“We’re thrilled to welcome new investors, including one of America’s most powerful shareholder bodies and global leader in the investment industry and a prominent German investment house, while enjoying continued support from General Catalyst and existing investors. This funding empowers scientists to focus on scientific value creation.”

— Florian Wegener, CEO of ZAGENO

“ZAGENO is transforming the scientific research industry with its groundbreaking platform. We proudly support their journey.”

— Larry Bohn, Managing Partner at General Catalyst

“With this funding, ZAGENO is positioned to deliver even greater value to scientists worldwide. Their innovative platform drives unmatched efficiency and cost savings.”

— Joe von Rickenbach, Chairman of the Board of ZAGENO