Promega Overview

  • Year Founded
  • 1978

Year Founded

  • Status
  • Private

  • Employees
  • 2,200

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Financing Rounds
  • 8

  • Investments
  • 2

Promega General Information

Description

Manufacturer of reagent tool kits, integrated systems and technical support intended to support research, pharmaceutical and diagnostics labs. The company offers custom manufacturing of products that include automation-robotics, PCR(Polymerase Chain Reaction) cloning technology, DNA(Deoxyribonucleic Acid) and RNA(Ribonucleic Acid) purification systems, buffers and reagents, cloning and restriction enzymes, enabling clients to increase efficiency and precision in various research and lab procedures.

Contact Information

Website
www.promega.com
Ownership Status
Privately Held (backing)
Financing Status
Formerly PE-Backed
Corporate Office
  • 2800 Woods Hollow Road
  • Madison, WI 53711
  • United States
+1 (608)
Primary Industry
Diagnostic Equipment
Other Industries
Other Pharmaceuticals and Biotechnology
Other Devices and Supplies
Corporate Office
  • 2800 Woods Hollow Road
  • Madison, WI 53711
  • United States
+1 (608)

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Promega Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Promega Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of reagent tool kits, integrated systems and technical support intended to support research, pharmaceutical
Diagnostic Equipment
Madison, WI
2,200 As of 2026

San Diego, CA
 

Seraing, Belgium
 
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Promega Competitors (34)

One of Promega’s 34 competitors is Illumina, a Formerly VC-backed company based in San Diego, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Illumina Formerly VC-backed San Diego, CA
Diagenode Formerly VC-backed Seraing, Belgium
Harvard Bioscience Formerly PE-Backed Holliston, MA
Randox Laboratories Corporation Crumlin, United Kingdom
Omega Bio-Tek Corporation Norcross, GA
You’re viewing 5 of 34 competitors. Get the full list »

Promega Patents

Promega Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2026231705-A2 Luminescent detection systems and methods for characterizing affinity reagent binding to membrane-associated antigens Pending 28-Apr-2025
WO-2026226825-A2 Aav total antibody assay Pending 23-Apr-2025
US-20260235592-A1 Reaction particles with target-specific luminescent detection Pending 04-Feb-2025
WO-2026169574-A1 Reaction particles with target-specific luminescent detection Pending 04-Feb-2025
US-20260202336-A1 Confocal laser spectrograph for capillary electrophoresis Pending 15-Jan-2025 G01N21/645
To view Promega’s complete patent history, request access »

Promega Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Promega Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Promega Investments & Acquisitions (2)

Promega’s most recent deal was a Merger/Acquisition with Turner Biosystems. The deal was made on 03-Aug-2009.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Turner Biosystems 03-Aug-2009 Merger/Acquisition Electronic Equipment and Instruments
Benitec Biopharma 08-Oct-2007 PIPE Biotechnology
To view Promega’s complete investments and acquisitions history, request access »

Promega Exits (1)

Promega’s most recent exit was on 08-Oct-2007 from Benitec Biopharma. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Benitec Biopharma 08-Oct-2007 Completed
To view Promega’s complete exits history, request access »

Promega Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Promega Biosystems Sunnyvale Santa Clara, CA 2002
Promega Biosciences San Luis Obispo, CA 1999

Promega FAQs

  • When was Promega founded?

    Promega was founded in 1978.

  • Where is Promega headquartered?

    Promega is headquartered in Madison, WI.

  • What is the size of Promega?

    Promega has 2,200 total employees.

  • What industry is Promega in?

    Promega’s primary industry is Diagnostic Equipment.

  • Is Promega a private or public company?

    Promega is a Private company.

  • What is Promega’s current revenue?

    The current revenue for Promega is .

  • Who are Promega’s investors?

    Eppendorf and LINK-J have invested in Promega.

  • Who are Promega’s competitors?

    Illumina, Diagenode, Harvard Bioscience, Randox Laboratories, and Omega Bio-Tek are some of the 34 competitors of Promega.

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