Deepcell Raises $73 Million to Advance AI Powered Single Cell Analysis
Margaretta Colangelo
Leading AI Analyst | Speaker | Writer | AI Newsletter 57,000+ subscribers
“AI can learn to identify cells based on visual differences that are hardly accessible to the human eye and can continually improve, thanks to our capability to sort cells and thereby elicit ground truth at scale. With training on billions of cell images and sorting cells, our AI technology connects morphology to multiomics, delivering unprecedented access to the exciting world of biology.”??
Mahyar Salek, PhD, President, CTO and Co-founder, Deepcell
Today?Deepcell?announced the close of a $73 million B round. Their total funding to date is $100 million. The company plans to use this funding to advance its AI powered single cell analysis platform. Investors in this round included Koch Disruptive Technologies, Andreessen Horowitz, Horizons Ventures, Bridger Healthcare, Casdin Capital and Bow Capital. Jeff Dean, Head of Google Brain, and Matt Mcllwain, Managing Director at Madrona Venture Group also participated in this round. Past investors in the company’s seed round and series A include Fifty Years, Data Collective, and Stanford University.
Deepcell combines state-of-the-art machine learning, microfluidics, imaging, and genomics to power phenotype activated cell analysis and sorting. Since Deepcell’s AI-powered technology can isolate and capture any cell population based on morphological features, it can be used for a wide variety of research, translational applications, diagnostic testing, and therapeutics. The technology allows for the delivery of intact and viable single cells at high precision with no bias and can be used to isolate any type of cell, even those occurring at frequencies as low as one in a billion. This enables researchers to characterize and gain new insights from single cells at levels of resolution previously unseen with other omics based tools.
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Company Highlights
Deepcell spun out of Stanford University in 2017 and raised $20 million in a series A round in 2020. This Series B financing brings Deepcell’s overall funding to nearly $100 million. The new funding will allow Deepcell to continue product development and enable early commercial introduction of a new standard for obtaining biological insights from single cell analysis. The company is beta testing with 10 organizations including the University of Zurich and the Translational Genomics Research Institute. These organizations are using the platform to deeply analyze melanoma cells and how they might impact disease.
Deepcell's team includes scientists and technologists with diverse backgrounds in AI, engineering, single-cell analysis, and technology development. Co-founder and CEO Maddison Masaeli received her PhD in Biomedical Engineering from UCLA, and did her postdoc at Stanford University in Computational Genomics, where she developed the core Deepcell technology. Co-founder and CTO Mahyar Salek received his PhD in Computer Science from USC, previously founded one of the first companies to ship a deep-learning based solution, and was working in AI at Google before leaving to found Deepcell. Deepcell scientific co-founder, Euan Ashley, is Associate Dean and Professor of Medicine and Genetics at Stanford University and author of The Genome Odyssey. (Image Deepcell Co-founder and CTO Mahyar Salek and Maddison Mahdokht Masaeli, Co-Founder and CEO)
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Copyright ? 2022 Margaretta Colangelo. All Rights Reserved.
This article was written by?Margaretta Colangelo.?Margaretta is Co-founder of Jthereum. She serves on the advisory board of the AI Precision Health Institute at the University of Hawai?i?Cancer Center. She's based in San Francisco?
Twitter?@realmargaretta
Thanks Margaretta for sharing your post. Stay safe and healthy!
Alpha, confident leader, rooted in integrity. Lead by example, takes responsibility & supports with strength & compassion, earning respect. Forward thinking on the impact of AI on humanity, gov, futurism, & singularity.
3 年Good information