Toronto startup Deep Genomics reels in C mln

Toronto-based Deep Genomics, a genome biology startup, has raised C$5 million in seed funding. True Ventures led the round with participation from other investors that included Bloomberg Beta. PRESS RELEASE TORONTO, CANADA – Nov. 18, 2015 – Deep Genomics, a startup that has developed a unique deep learning-based technology that can sift through hundreds of millions of previously unknown genetic mutations and find ones that lead to disease, today announced the closing of Canadian $5 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 company will use the funding to grow its team of machine learning and genome biology experts and to further develop and validate its proprietary deep learning technology. With this newly…


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