Wait, what? Oracle tech founder Larry Ellison invests into ex-stealth genomics diagnostics biotech
At last count by Bloomberg, Larry Ellison was worth close to $120 billion, putting him on the top 10 list of the richest people on the planet. And he’s shelling out a tiny bit of that to back the launch round of a buzzy diagnostic outfit in Israel.
The co-founder, ex-CEO and now CTO of tech giant Oracle Corporation co-led an $18.5 million Series A into Imagene AI, an oncology-focused biotech looking to integrate its custom algorithms into digitized genomics and predict certain aspects of someone’s cancer, such as response to certain therapies and the presence of certain mutations.
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