Skip to main content
Premium Trial:

Request an Annual Quote

Zetta Genomics Raises £1.9M in Additional Seed Funding

NEW YORK – UK data management firm Zetta Genomics said Monday that it has raised £1.9 million ($2.3 million) in a second seed funding round.

The investment comes from existing backers, namely lead investor Nina Capital, with participation from Cambridge Enterprise and Apex Ventures. The company raised a £2.5 million seed round early last year.

Zetta, a spinout of the University of Cambridge, has developed a predictive platform, called XetaBase, for the storage, management, and interrogation of large-scale genotypic and clinical data for precision medicine applications.

The firm said that it will use the new investment to position itself for a Series A round in 2024. That strategy includes improvement of its engineering capabilities to support future innovation and technology delivery, setting up customers for success in their precision medicine endeavors, and growing in its initial target markets of the UK, US, and Spain.

"We now have the strategic headroom to configure for growth — to scale our technologies, enhance customer focus, and create a cycle of ongoing product innovation," CEO Mark Bailey said in a statement.

The Scan

Foxtail Millet Pangenome, Graph-Based Reference Genome

Researchers in Nature Genetics described their generation of a foxtail millet pangenome, which they say can help in crop trait improvement.

Protein Length Distribution Consistent Across Species

An analysis in Genome Biology compares the lengths of proteins across more than 2,300 species, finding similar length distributions.

Novel Genetic Loci Linked to Insulin Resistance in New Study

A team reports in Nature Genetics that it used glucose challenge test data to home in on candidate genes involved in GLUT4 expression or trafficking.

RNA Editing in Octopuses Seems to Help Acclimation to Shifts in Water Temperature

A paper in Cell reports that octopuses use RNA editing to help them adjust to different water temperatures.