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Immunai announces a $215M Series B as its 'immune cell atlas' matures – TechCrunch

Biotech startup Immunai has been on a roll when it comes to funding. The company that set out to create an atlas of the human immune system in 2018 had raised about $80 million by February 2021. On Wednesday, the company announced another significantly larger round: a $215 million series B.  Immunai has been building […] ....

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Follow the Money: Single-Cell Multiomics, Data Networks, Security


April 1, 2021
By Bio-IT World Staff
April 1, 2021 | New investment funds for late-stage companies and public health. Next-gen genomic medicines and single-cell multiomics get cash, and PatientsLikeMe raises a new round of funding to expand.
 
$969M Investment Fund for Early to Late-Stage Companies
Foresite Capital, a multi-stage healthcare and life sciences investment firm, has announced its fifth and largest fundraise with $969 million in capital commitments, significantly oversubscribed above its original target. The offering comprises Foresite Capital Fund V, L.P. and Foresite Capital Opportunity Fund V, L.P. With these new funds, Foresite Capital is investing in emerging healthcare and life sciences companies at all stages that are solving some of the biggest inefficiencies and pain points of the $10 trillion global healthcare market. Foresite Capital now has ~$4 billion in assets under management. Press release. ....

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Immunai Raises $60M to Decode the Immune System with Machine Learning and AI


AlleyWatch
The immune system at its core is a complex system of cells, organs, and tissues. These components work in unison to fight infection in the form of microbes. Developing an understanding of how this intricate system works is critical in ensuring that society as a whole has adequate immune health to combat disease and infection. 
Immunai has built the largest database for immunology in the world using machine learning and AI to map the entire immune system at a  granular and specific level.  This data can be leveraged by the healthcare industry to provide better therapeutics that get to market faster.  This understanding will also allow biotech companies and pharmaceutical manufacturers to radically personalize therapeutics in the future.   Immunai is initially focused on the oncology market but the offering is versatile can be applied to things like autoimmune disorders and infectious diseases like COVID-19. ....

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