Deep Genomics Closes Seed Round of .7m

By Bio-IT World Staff November 18, 2015 | Deep Genomics this morning announced the closing of $3.7 million in seed financing. Funding was led by True Ventures of the Bay Area with participation from Bloomberg Beta and other global angel investors. The startup launched this summer based on a deep learning-based technology developed in Brendan Frey’s lab at the University of Toronto. The team has published nearly 50 papers since 2003. Deep Genomics can sift through hundreds of millions of previously unknown genetic mutations and find ones that lead to disease, the company says. In August, Frey told Bio-IT World that applying machine learning to genomics would take a strong foundation in machine learning and an equally deep understanding of genome and cell biology: “to understand how DNS wraps around nucleosomes…


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