Skip to main content
Premium Trial:

Request an Annual Quote

Deepcell Closes $20M Series A Financing Round

NEW YORK – Stanford University spinout Deepcell said on Monday that it has closed a $20 million Series A financing round.

Bow Capital led the round, joined by Andreessen Horowitz, which led Deepcell's $5 million seed round; 50Y; DCVC; Stanford University; and angel investors, including Jeff Dean, Senior VP of Google Research and Google Health.

Mountain View, California-based Deepcell said it would use the funding to continue development of its microfluidics-based cell sorting and analysis technology and to build a cell morphology atlas of more than 400 million cells.

"Cell morphology is a phenotype with a long history in clinical application that has to date been based on the eyes of a human expert," Deepcell CEO and Cofounder Maddison Masaeli said in a statement. "Deepcell is bringing this phenotype into modern use by adding scale, interpretability, and actionability, thanks to our innovations in AI, microfluidics, and multiomics."

"By taking cell morphology into the digital age, Deepcell has the potential to revolutionize the field, in a similar way that high-performance computing enabled dramatic advances in genomics and transcriptomics," Vijay Pande, general partner at Andreessen Horowitz, said in a statement.

Founded in 2017, Deepcell is building a platform to isolate, analyze, and classify individual cells, based on methods developed by Stanford Professor and Cofounder Euan Ashley. Its technology maintains cell viability for single-cell analysis and can find "rare cells and atypical cell states that will help advance precision medicine research" based on differences in cell morphology, the firm said. Ashley is also a cofounder of cancer diagnostics firm Personalis.

Deepcell's technology will initially be available as a service for use in translational research as well as in diagnostics and therapeutic development.

Andreessen Horowitz and DCVC participated in Freenome's $270 million Series C financing round in August.


The Scan

Latent HIV Found in White Blood Cells of Individuals on Long-Term Treatments

Researchers in Nature Microbiology find HIV genetic material in monocyte white blood cells and in macrophages that differentiated from them in individuals on HIV-suppressive treatment.

Seagull Microbiome Altered by Microplastic Exposure

The overall diversity and the composition at gut microbiome sites appear to coincide with microplastic exposure and ingestion in two wild bird species, according to a new Nature Ecology and Evolution study.

Study Traces Bladder Cancer Risk Contributors in Organ Transplant Recipients

In eLife, genome and transcriptome sequencing reveal mutation signatures, recurrent somatic mutations, and risky virus sequences in bladder cancers occurring in transplant recipients.

Genes Linked to White-Tailed Jackrabbits' Winter Coat Color Change

Climate change, the researchers noted in Science, may lead to camouflage mismatch and increase predation of white-tailed jackrabbits.