Blueprint Partners, sole Financial Advisor of WhiteLab Genomics
Paris, France, September 13, 2022 – Blueprint Partners a leading European corporate finance boutique, today announced a $10 million investment round in WhiteLab Genomics, a Y-Combinator backed AI-powered predictive software simulation platform for the design of gene and cell therapies. The round was led by Omnes Capital, one of the leading French venture capital firms and Debiopharm, the Switzerland based independent biopharmaceutical company with a venture arm focused on digital health.
WhiteLab Genomics aims at revolutionizing genomic therapy development using public and private data and in-house AI algorithms. The company is supporting its clients through the in-silico development phases enabling them to quickly develop target vectors, payloads, and bring genomic based therapies to market at a faster pace.
The proceeds from this financing round will help further develop WhiteLab Genomics’ AI based platform, scale its R&D team and fund their expansion to the US. The company was founded in 2019 by David Del Bourgo and Julien Cottineau, experts in genomics drug development and commercialization. Together, they established the WhiteLab Genomics headquarters in Paris, France and are currently setting up their US operations in Cambridge, MA.
Currently, WhiteLab Genomics’ customer base spans from biotech and pharmaceutical companies in Europe and the US to provide solutions for new drug development programs including RNA, DNA and Cell based therapies. WhiteLab Genomics is also collaborating with world renowned INSERM and Genethon laboratories and has been selected by Y-Combinator in its Winter 2022 batch.
Data shows that up to 4,000 human diseases including Alzheimer’s Disease, Parkinson’s Disease, Cystic Fibrosis, Cardiovascular Disease, Duchenne Muscular Dystrophy, and some types of cancer, originate from errors and changes in an individual’s DNA sequence. WhiteLab Genomics technology aims to help develop solutions to repair and replace these defective sequences instead of treating systems. The rising field of genomic medicine is set to treat these pathological conditions at their source, stably replacing the needs for drugs or surgery.