Mayo Clinic returned to reinvest in the genomics platform developer three years after backing its series B round alongside Illumina.

US-based genomics technology developer Helix has received $50m series C funding from investors including medical research group Mayo Clinic.

Venture capital firms DFJ Growth and Kleiner Perkins, Singaporean state-owned investment firm Temasek and private equity firm Warburg Pincus filled out the round.

Helix provides a personal genomics products and services platform which helps healthcare providers personalise patient treatments. The funding will be used to improve its offering, in areas including covid-19 testing and viral surveillance.

Mayo Clinic had taken part…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.