Deep Genomics

Deep Genomics

AI-driven drug discovery and development

About Deep Genomics

Simplify's Rating
Why Deep Genomics is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

AI & Machine Learning

Biotechnology

Company Size

51-200

Company Stage

Series C

Total Funding

$230.3M

Headquarters

Toronto, Canada

Founded

2014

Overview

Deep Genomics focuses on drug development in the biotechnology sector by utilizing artificial intelligence to explore RNA biology and discover potential therapies for genetic conditions. The main product, the AI Workbench, employs data-driven predictions to identify new drug targets. This tool has evolved over time, with the latest version, AI Workbench 3.0, set to enhance its capabilities in targeting complex genetic diseases. Unlike many competitors, Deep Genomics not only identifies drug targets but also develops therapies that can be licensed to pharmaceutical companies and research institutions. The company's goal is to accelerate the drug discovery process and improve treatment options for patients suffering from genetic disorders.

Simplify Jobs

Simplify's Take

What believers are saying

  • Successful Series B and C funding rounds raised $266 million for R&D.
  • Appointment of Brian O'Callaghan as CEO may accelerate growth and innovation.
  • Industry leaders on the board enhance capabilities in oligonucleotide development.

What critics are saying

  • Emerging genomics startups like Element Biosciences increase market competition.
  • New CEO may disrupt operations or alienate existing partners.
  • BigRNA model may face challenges in adoption within pharmaceutical workflows.

What makes Deep Genomics unique

  • Deep Genomics uses AI to unravel RNA biology for drug development.
  • The AI Workbench identifies novel drug targets and therapeutic candidates.
  • BigRNA model advances RNA disease mechanism discovery and candidate therapeutics.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$230.3M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$180M
Deep Genomics

Benefits

Company Equity

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-3%
Labiotech
Jan 30th, 2025
Seven Genomics Startups To Look Out For

Newsletter Signup - Under Article / In Page"*" indicates required fields Precision medicine is a kind of treatment strategy that is tailored to individual patients, most of which is dependent on their genetic makeup. Genomics, which deals with the mapping of genomes, is a booming industry that aims to advance precision medicine to address a host of diseases. You may have heard of the big names in the business, like Illumina, Oxford Nanopore Technology, and Thermo Fisher Scientific. But there are a number of genomics startups that have sprouted up in the past decade or so to strengthen their sequencing technologies to aid in disease prevention and treatment. Here are seven genome sequencing startups that are making their mark in the industry.Element BiosciencesFounded in 2017, Element Biosciences shot to fame fairly quickly after the launch of its lab services. Its benchtop sequencing instrument AVITI has a dual flow cell layout and individually addressable lanes and you can perform two parallel runs and operate each side independently. Its alternative model, AVITI LT, is a lower-cost, lower-throughput solution that brings next-generation sequencing (NGS) to more labs.The core components of Element’s sequencing tool include an Avidite base chemistry, which circularizes, copies, and rolls each strand into tightly bound polonies – tiny clusters of identical DNA molecules – without the use of PCR and fluorescent avidites that bind to each polony creating ultrastable complexes. It also employs rolling circle amplification, which is a process that uses a circular DNA template to create long single-stranded DNA molecules to avoid errors such as index hopping – when sequencing reads are incorrectly assigned to the wrong sample in a pool. Its sought-after technology is called LoopSeq, which prepares libraries for long-read sequencing on the short-read Element AVITI System

BioPharmaTrend
Dec 28th, 2023
7 Companies Building Foundation Models in Biology and Chemical Synthesis

For instance, Deep Genomics unveiled BigRNA, a pioneering AI foundation model for uncovering RNA biology and therapeutics.

BioWorld
Sep 28th, 2023
Deep Genomics announces AI foundation model for RNA

Deep Genomics Inc. has introduced its artificial intelligence (AI) foundation model for RNA, BigRNA, which enables discovery of disease mechanisms and candidate therapeutics.

BioSpace
Sep 27th, 2023
Deep Genomics Introduces the Most Advanced AI Foundation Model for RNA Disease Mechanisms and Candidate Therapeutics

Deep Genomics introduces the most advanced AI Foundation model for RNA disease mechanisms and candidate therapeutics.

Business Wire
Sep 15th, 2023
Deep Genomics Announces the Appointment of Brian O'Callaghan as CEO

Deep Genomics announces the appointment of Brian O'Callaghan as CEO.

Recently Posted Jobs

Sign up to get curated job recommendations

Deep Genomics is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Deep Genomics's jobs every 8 hours, so check again soon! Browse all jobs →