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Backed by $15M in VC, New Company Will Help ISB Startups

NEW YORK, May 23 - The Institute of Systems Biology, three venture capital firms, and a real estate firm have formed a company called Accelerator that will help startups emerging from, or affiliated with, the ISB get off the ground.


MPM Capital, Arch Venture Partners, Versant Ventures, and Alexandria Real Estate Equities together committed $15 million in capital in a financing led by MPM.


Accelerator plans to identify, finance, and develop ideas and technologies emerging from the ISB or other places affiliated with it. It will provide management, infrastructure, and facilities for startup companies and help them raise further funding.


Leroy Hood, the ISB's president, is a member of the board of directors of Accelerator.



The Scan

Could Mix It Up

The US Food and Drug Administration is considering a plan that would allow for the mixing-and-matching of SARS-CoV-2 vaccines and boosters, the New York Times says.

Closest to the Dog

New Scientist reports that extinct Japanese wolf appears to be the closest known wild relative of dogs.

Offer to Come Back

The Knoxville News Sentinel reports that the University of Tennessee is offering Anming Hu, a professor who was acquitted of charges that he hid ties to China, his position back.

PNAS Papers on Myeloid Differentiation MicroRNAs, Urinary Exosomes, Maize Domestication

In PNAS this week: role of microRNAs in myeloid differentiation, exosomes in urine, and more.