Monday, January 11, 2016

Bezos, Gates Back Cancer Detection Startup GRAIL In $100M Round

Both Jeff Bezos and Bill Gates have made an investment this morning in a developer of cancer detection technology, GRAIL, according to life sciences equipment maker Illumina. GRAIL, which has spun out of Illumina, raised $100M in Series A funding this morning, led by Illumina and ARCH Venture Partners, and also including Bezos Expeditions, Bill Gates and Sutter Hill Ventures. GRAIL is working on early cancer detection via blood cells, by sequencing circulating nucleic acids in the blood. More information »