Federated Genomic data startup Lifebit raises $60M round led by Tiger Global

Genomic data is considered to be the key to unlocking so-called “precision medicine”. Some estimates suggest that by 2025, 500 million human genomes will have been sequenced, but only a fraction of it is being utilized for drug discovery and precision medicine. One of the key startups to emerge in the space is Lifebit, which […]

Journey Clinical raises $3M to allow psychotherapists to prescribe psychedelics

Psychedelics companies are all the rage right now. Compass Pathways is working with the magic mushroom compound psilocybin to treat depression. It’s has raised $290 million in total. Atai Life Sciences — backed by PayPal co-founder Peter Thiel — brought in $258 million from its IPO. In the tech space, this has not gone unnoticed […]

African genomics startup 54gene raises $25M to expand precision medicine capabilities

Less than 3% of genetic material used in global pharmaceutical research is from Africa. The staggering gap is quite surprising because Africans and people of African descent are reported to be more genetically diverse than any other population. Since launching in 2019, African genomics startup 54gene has been at the forefront of bridging this divide […]