DNAstack piles up funding

Jan 11, 2019 • Callum Cyrus

Genomics data management and analysis platform DNAStack has secured a follow-on investment from Facit, building on the commercialisation unit's initial commitment in 2017.

Canada-based genomics data management business DNAStack attracted an undisclosed sum yesterday from Fight Against Cancer Innovation Trust (Facit), a commercialisation operation backed by Ontario Institute for Cancer Research.
The cash came through Facit’s Compass Rose Oncology Fund, an investment vehicle that mainly backs Ontario-based technologies with the potential to benefit patients with cancer.
Founded in 2014, DNAStack has created a cloud-based data storage, bioinformatics and sharing platform for genomics projects that allows researchers to upload, process and interpret large amounts…

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