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NextBio Lands $7M in Series B VC Cash

NEW YORK (GenomeWeb News) — NextBio said yesterday it has received $7 million in a Series B round of venture capital financing.
 
The company makes a search engine that can be used by life sciences researchers and clinicians. The cash will help the company expand the tool’s content, scale its infrastructure to “handle millions of queries, and build its community collaboration and data sharing features,” NextBio said in a statement.
 
The company also plans to “rapidly globalize” the use of the technology, according to NextBio co-founder and CEO Saeid Akhtari.
 
The round was led by Newbury Ventures and included existing investors. Newbury’s senior managing director Bruce Bauer will join NextBio’s board, the company said.

The Scan

NFTs for Genome Sharing

Nature News writes that non-fungible tokens could be a way for people to profit from sharing genomic data.

Wastewater Warning System

Time magazine writes that cities and college campuses are monitoring sewage for SARS-CoV-2, an approach officials hope lasts beyond COVID-19.

Networks to Boost Surveillance

Scientific American writes that new organizations and networks aim to improve the ability of developing countries to conduct SARS-CoV-2 genomic surveillance.

Genome Biology Papers on Gastric Cancer Epimutations, BUTTERFLY, GUNC Tool

In Genome Biology this week: recurrent epigenetic mutations in gastric cancer, correction tool for unique molecular identifier-based assays, and more.