Founders: Dan Greenfield & Vaughan Wittorff
About: Founded by a University of Cambridge PhD, PetaGene is a bioinformatics company that has created a novel, best-in-class method to compress and manage genomic data. PetaGene decreases the size of genomic data, reducing storage costs and data transfer times without compromising quality.
Why we invested: Before investing in PetaGene, we had been exploring the genomic data space for several years. PetaGene was different from most other companies in the space, which were targeting more downstream applications of genomic data. PetaGene is solving a more immediate problem as the genomics revolution expands.