Skip to main content
Premium Trial:

Request an Annual Quote

Identifai-Genetics Closes $3.3M Post-Seed Fundraising Round

NEW YORK – Israeli liquid biopsy startup Identifai-Genetics said on Tuesday that it has closed a $3.3 million post-seed funding round.

The round was led by eHealth Ventures, an Israeli early-stage digital health VC fund, with additional contributions from other investors, including Ron Sabar, who is the founder and chief marketing officer of Sabar Health.

Based in Tel Aviv, Identifai is developing a liquid biopsy test using maternal blood samples for the noninvasive detection of fetal genetic disorders at an early stage of pregnancy. The company was founded in 2021, based on the academic research of Noam Shomron and Tom Rabinowitz from Tel Aviv University.

To date, the company said it has raised over $6 million in equity investments and R&D grants.

"We are delighted with the successful closing of our post-seed round," Amir Beker, CEO and cofounder of Identifai, said in a statement. The new funding, along with an NIS 9 million ($2.5 million) grant approved in March by the Israel Innovation Authority, "will allow us to extend the scope of our clinical studies, demonstrate clinical efficacy in additional categories of genetic diseases, and start the regulatory process in the US in order to advance rapidly towards commercialization of our groundbreaking product in 2024," Beker added.

The Scan

ChatGPT Does As Well As Humans Answering Genetics Questions, Study Finds

Researchers in the European Journal of Human Genetics had ChatGPT answer genetics-related questions, finding it was about 68 percent accurate, but sometimes gave different answers to the same question.

Sequencing Analysis Examines Gene Regulatory Networks of Honeybee Soldier, Forager Brains

Researchers in Nature Ecology & Evolution find gene regulatory network differences between soldiers and foragers, suggesting bees can take on either role.

Analysis of Ashkenazi Jewish Cohort Uncovers New Genetic Loci Linked to Alzheimer's Disease

The study in Alzheimer's & Dementia highlighted known genes, but also novel ones with biological ties to Alzheimer's disease.

Tara Pacific Expedition Project Team Finds High Diversity Within Coral Reef Microbiome

In papers appearing in Nature Communications and elsewhere, the team reports on findings from the two-year excursion examining coral reefs.