13 September, 2017
Balderton Joins $30M Series D For Big Data Biotech Platform Play, Sophia Genetics
Switzerland based SaaS startup Sophia Genetics is hoping to give IBM Watson a run for its money in the healthcare diagnostics space. It’s built a big data analytics platform that harnesses clinicians’ medical expertise to enhance genomic diagnostic via AI algorithms — leading, it says, to better and faster diagnoses for patients with diseases such as cancer.
Hospitals that use the platform are intended to jointly benefit from expert-fed, algorithmic DNA sequencing diagnostic insights exactly because they are shared across the platform. So as the user-base scales — it says it’s adding 10 new hospitals each month — Sophia Genetics’ AIs get smarter and more accurate, and patients anywhere can benefit from the pooled knowledge.