Solving the DNA Dilemma
Imagine if unlocking the secrets of your DNA could revolutionize medicine, but at the risk of your most personal data becoming public. That's the tradeoff Dr. Maria Chatzou Dunford is trying to eliminate with Lifebit.
By 2025, the world will have sequenced 500 million human genomes. Yet, we're barely scratching the surface of using this data for groundbreaking medical discoveries. For those with rare diseases, genetic data can be a game-changer, boosting accurate diagnoses by up to fivefold. Enter the world of Clinico-genomic databases – a potential goldmine for precision medicine, provided they're locked down tighter than Fort Knox. Because let's face it, no one wants their genetic information on display.
Lifebit, a company selected in Scale Up's First Cohort, is stepping up as the guardian of the genomic revolution. Their tech is like a secure vault for genetic data, enabling researchers to dive deep into insights without risking data exposure. With a user experience that's top of its class and a treasure chest of tools and AI features, Lifebit is the chosen ally for pharma giants, research institutes, and genetics firms in their quest to harness the power of genomic data.
Maria and Lifebit are ensuring our genetic blueprints aid medical breakthroughs while keeping our personal data under wraps, echoing the ancient Greek knack for solving even the toughest riddles.
Programs
Identifications
Outlier
Year Founded
2017
Year Selected
2022
Stage
Early Growth (Series A, Series B)
Team Size
101-250
Total Capital Raised
$70,900,000
Healthcare & Life Sciences