Fasteris

Fasteris

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $3M

Overview

Fasteris is a private, revenue-generating contract service organization (CRO) focused on providing sequencing and genomic analysis services. Its core business model is built on offering reliable, ready-to-run NGS and Sanger sequencing solutions, primarily serving academic, pharmaceutical, and diagnostic clients. The company leverages its established technological infrastructure and quality systems to deliver data for research and diagnostic development. While not developing its own therapeutics or diagnostics, Fasteris occupies a critical niche in the genomics value chain as an essential service provider.

Genetics & GenomicsDiagnostics

Technology Platform

Integrated service platform offering Next-Generation Sequencing (NGS) and Sanger sequencing, including library preparation, sequencing, and bioinformatics data analysis. Holds patents related to its sequencing service methodologies.

Funding History

2
Total raised:$3M
Series A$2.5M
Seed$500K

Opportunities

The expanding global genomics market, driven by research and clinical adoption of NGS, creates sustained demand for reliable sequencing services.
Opportunities exist in offering more complex, integrated analysis packages and forming strategic partnerships with diagnostic and pharma companies for dedicated project support.
The trend towards outsourcing by institutes without core facilities provides a steady client stream.

Risk Factors

Intense competition from large-scale service providers and academic core facilities creates significant price pressure.
Rapid technological advancement risks service obsolescence if capital investments in new sequencers are not made.
Operational risks include sequencing run failures and dependence on retaining highly skilled bioinformaticians and technicians.

Competitive Landscape

Fasteris competes in a crowded field that includes large global CROs (e.g., Eurofins, Quintara), other specialized sequencing service providers, and university core facilities. Its differentiation is based on quality, customer service, integrated bioinformatics, and its position as a European specialist. It must compete on both technical capability and cost-effectiveness.