Digest 6/2/23

Surveying great inventors and businesses

Axial: https://linktr.ee/axialxyz

Axial partners with great founders and inventors. We invest in early-stage life sciences companies such as Appia Bio, Seranova Bio, Delix Therapeutics, Simcha Therapeutics, among others often when they are no more than an idea. We are fanatical about helping the rare inventor who is compelled to build their own enduring business. If you or someone you know has a great idea or company in life sciences, Axial would be excited to get to know you and possibly invest in your vision and company . We are excited to be in business with you - email us at   info@axialvc.com

GRAIL:

- Founded in 2016, spinning out of Illumina, by Jeff Huber & Alex Aravanis

- To develop a pan-cancer screening test to detect cancers at an early stage - By measuring cfDNA & methylation

- Launching Galleri in 2021 through CLIA for multi-cancer testing

A co-transcriptional ribosome assembly checkpoint controls nascent large ribosomal subunit maturation led by Zahra Sanghai from the Sebastian Klinge lab https://www.nature.com/articles/s41594-023-00947-3

Scientist Stories: Fei Chen, Next Generation Tools for Spatial Genomics

Debut:

- Founded in 2019 by Joshua Britton, Brady Beauchamp & Greg Weiss

- Raised $34M led by L'Oréal Development

- Using their enzyme immobilization platform to build new brands in health and food partnering with companies like Royal DSM, DIC & GeneChem

"Industry is far more efficient than the university in making use of scientific developments for the public good."

- Herb Boyer, Co-Founder of Genentech