PetaGene hopes its data compression technology will aid the genomic sequencing industry.

PetaGene, a UK-based genomics data compression technology developer, secured $2.1m last month in a round led by VC firm Romulus Capital, according to TechCrunch. Company builder Entrepreneur First also contributed in the round together with unnamed UK and US-based investors. Founded in 2016, PetaGene offers data compression software that helps researchers store and compute the…

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