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Deeptech startup Biostate AI raises $12 million in led by Accel, others

  • Biostate AI, a deeptech startup, has raised $12 million in Series A funding led by Accel, with participation from other venture capital firms.
  • Founded by former professors David Zhang and Ashwin Gopinath, the startup aims to improve RNA sequencing for precision medicine by reducing costs and enhancing data quality using generative AI.
  • Biostate AI's platform has been employed in over 150 pilot projects, including collaborations with Cornell University and the Accelerated Cure Project, showcasing its potential in the field of molecular medicine.
  • The company's long-term goal is to transition from diagnostics to therapies, leveraging AI tools like Quantaquill and disease-specific predictive models to revolutionize healthcare.

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