Illumina Accelerator invests in 9 genomics startups

By The Science Advisory Board staff writers

February 8, 2021 -- Illumina picked nine genomics companies to join the second global funding cycle of the Illumina Accelerator in the U.S. and U.K.

The firm announced more than 20 million pounds ($27.5 million U.S.) in initial U.K. capital commitments, including a 10 million pound ($13.8 million) commitment from the U.K. medical research charity LifeArc. The U.K. commitments will provide pound-for-pound match funding to every Illumina Accelerator Cambridge or San Francisco Bay Area graduate that secures between 500,000 pounds ($687,550) and 4 million pounds ($5.5 million) in qualified new capital within one year of graduation.

The nine companies are the following:

  • BiotaX Labs
  • Broken String Biosciences
  • Mitra Bio
  • MultiplAI Health
  • Doloromics
  • Flightpath Biosciences
  • Oshun Medical
  • Parallel Health
  • Rubik Therapeutics

Illumina Accelerator is accepting applications for the next funding cycle, due March 1.

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