Nostos Genomics

We turn data into genomic insights

General Information
Company Name
Nostos Genomics
Founded Year
2018
Location (Offices)
Berlin, Germany +1
Founders / Decision Makers
Number of Employees
27
Industries
AI, Biotechnology, Machine Learning
Funding Stage
Seed
Social Media

Nostos Genomics - Company Profile

Nostos Genomics is a biotechnology startup based in Germany that aims to revolutionize genetic testing. With their slogan "We turn data into genomic insights," the company is focused on partnering with genetic testing labs to provide faster and clearer diagnoses for individuals with genetic diseases. This is particularly crucial as over 300 million people globally are affected by rare genetic diseases, yet the journey to diagnosis often takes more than 5 years, with many individuals being misdiagnosed or left undiagnosed altogether. Nostos Genomics recognizes the potential of new technology in making genetic testing more accessible and in the development of targeted therapies for previously untreatable disorders. However, the interpretation of mutations remains a bottleneck in the process, leading to laborious and inconclusive results. In response, the company has developed a CE-certified platform that leverages machine learning and synthetic biology to automate the interpretation of mutations, promising to diagnose more individuals in a shorter timeframe. The promising impact of Nostos Genomics has attracted a €5.00M Seed Round investment on 03 February 2022, with participation from notable investors including Entrepreneur First, Frontline Ventures, 42CAP, Faber, WENVEST Capital, and Amino Collective. This demonstrates confidence in the company's potential to address a critical need in the healthcare industry and signifies a significant milestone in their journey of leveraging technology to improve genetic diagnostics and patient outcomes.

Taxonomy: Genomic insights, Genetic testing, Rare genetic diseases, Diagnosis automation, Machine learning, Synthetic biology, CE-certified platform, Diagnostic accuracy, Targeted therapies, Mutation interpretation, Laboratory partnerships, Clinical data analysis, Precision medicine, Bioinformatics

Funding Rounds & Investors of Nostos Genomics (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round €5.00M 6 03 Feb 2022
Convertible Note Unknown 4 Charlie Songhurst 05 Mar 2020

Latest News of Nostos Genomics

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