54gene valuation slashed by over $100M amid job cuts and CEO exit

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54gene valuation slashed by over $100M amid job cuts and CEO exit

It’s been a strange couple of months at African genomics startup 54gene. In August, it sacked 95 employees, mostly contract staff (in labs and sales departments) hired to work in 54gene’s COVID business line launched in 2020. In September, co-founder and VP of Engineering Ogochukwu Francis Osifo left the company. And this week, founder and […]

54gene valuation slashed by over $100M amid job cuts and CEO exit by Tage Kene-Okafor originally published on TechCrunch

54gene valuation slashed by over $100M amid job cuts and CEO exit

2022-10-28 22:04

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