7 years ago

Lifebit Secures $3M to Scale AI-Powered DNA Data Analysis Platform

  • Lifebit, a London-based startup, has raised $3 million in seed funding led by Pentech and Connect Ventures, with participation from Beacon Capital and Tiny VC

  • The company is building a cloud-based cognitive system that can reason about DNA data in the same way humans do, offering researchers and R&D professionals a scalable, modular, and reproducible system to automate data analysis

  • Lifebit is launching its first product, Deploit, an AI-powered genomic data analysis platform, which is being trialled by major pharmaceutical and biotech companies.

      • ProblemTechnology

      "Analysing large volumes of genomic data requires complex, time-consuming manual processes and highly specialised experts. Existing platforms lack flexibility and transparency, are expensive, and don't integrate with the workflow of most bioinformaticians."

      Solution

      "Lifebit's AI-powered platform, Deploit, automates genomic data analysis, making it accessible to researchers and R&D professionals without specialized training. It is designed to be flexible, transparent, and scalable, with a pricing model similar to GitHub, making it accessible to individuals and organizations."

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