Gene Solutions is a Vietnamese biotechnology company focused on cancer screening and diagnosis, non‑invasive prenatal testing (NIPT), and early risk identification. The company operates a network of lab partnerships across ASEAN, including Singapore, the Philippines, Thailand, Malaysia, and Indonesia. It is pursuing regional expansion, technology upgrades, and new product launches to improve access to affordable medical tests. HSBC provided a social loan in the form of a revolving credit facility to help meet capital needs and support these initiatives. The loan was issued through HSBC Singapore’s US$200 million New Economy Fund and complies with HSBC’s sustainable finance approval procedures. HSBC said the partnership will help improve prenatal testing and cancer diagnosis capabilities in Vietnam and the wider region. The article notes Gene Solutions was the first Vietnamese startup receiving venture capital funding. Gene Solutions is a local Vietnamese genetic testing company that provides genetic testing services. The article identifies the firm as a provider of genetic testing in Vietnam. Vietnam-focused private equity firm Mekong Capital invested $15 million into Gene Solutions, per an announcement cited in the article. The article does not disclose the financing instrument, valuation, revenue, users, or other operating metrics. No future plans, use of proceeds, past funding rounds, or founding year were provided in the article.

Total raised

$15M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2021