We are delighted to announce that Concinnity Genetics has spun-out of the The University of Edinburgh with an oversubscribed £3m Seed round led by Eos! We have backed Jessica and Matthew with one of our largest ever first cheques because of the potential for their AI-enabled gene control platform to radically improve the safety and efficacy of gene therapies. We are really excited to be involved and want to say thanks to everyone who supported Concinnity along the way to this milestone! 🚀🧬👏 #seedround #AI #lifescience #genetherapy #spinout
New University of Edinburgh spinout, Concinnity Genetics, has raised £3 million in an oversubscribed seed funding round to produce gene control systems for advanced therapeutics. The fund-raise included Old College Capital (OCC) - the University of Edinburgh’s in-house venture investment fund. Dr Andrea Taylor, CEO of Edinburgh Innovations, said: “Engineering biology is a major strength of the University of Edinburgh, catalysing novel solutions across our three mission areas of future health and care, data and AI for good and climate and sustainability. “Sophisticated gene control systems have the potential to revolutionise advanced therapeutics, enabling new kinds of treatments that will impact future health. We are proud to continue to support Concinnity Genetics on their translational journey from lab to clinic.” Read more ➡️ https://lnkd.in/eNzfGwQC The University of Edinburgh | Scottish Enterprise| Old College Capital| Maven Capital| Dougal Adamson| Andrea Taylor| Hannah Dent| Mark Beaumont| Jessica Birt| Dr Matthew Dale| Professor David Venables| Professor Susan Rosser|