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Genoox accelerates genomic data community platform expansion with $8M round and appointment of new Board Chair


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PALO ALTO, Calif., June 1, 2021 /PRNewswire/ Genoox, the world s first community-driven genomic data platform, announced today that it has raised $8 million in a round led by IN Venture, a Sumitomo Corporation backed venture fund, with participation from Infinity Medical and existing investors Inimiti, Glilot Capital and Triventures. The new investment will enable the company to expand its community of genetic professional users, reaching over 1500 healthcare organizations today, enhancing the network effect created by sharing genetic insights on the Genoox platform.
Our investment in Genoox is a clear reflection of our belief that genomic data will become the backbone of the precision medicine revolution , says Eitan Naor, Managing Partner & Co Founder at IN Venture. Digital Health is one of our focus investment pillars highly aligned with Sumitomo Corporation strategy to meaningfully impact society. Genoox s deep-tech and unique approach to building a world-clas ....

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