3 years ago
Eagle Genomics Secures $20 Million in Funding Led by abrdn plc
Eagle Genomics, a Cambridge, England, UK-based TechBio platform business applying network science to biology, raised a USD 20 million first close of its scale-up funding round
The round is being led by abrdn plc, with continued participation from existing investors Environmental Technologies Fund, and a consortium of investors headed by Granpool Innovative Investments
The investment will support further development of the e[datascientist]™ platform and will continue to drive expansion into global markets and the deepening of client impact.
ProblemTechnology
"Eagle Genomics aims to enhance the efficiency and effectiveness of scientific discovery in the fields of Food and Nutrition, Beauty and Personal Care, AgBio, and BioPharma by utilizing network science and AI to analyze complex data and develop novel, sustainable products."
Solution
"The company offers a platform called e[datascientist]™ that integrates machine learning and AI to support the entire innovation workflow, from hypothesis to product claims, helping scientists bring safer and sustainable products to market faster."