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Genemod Raises $1.7M in Oversubscribed Seed Round to Drive the Next Generation of Medicine

SEATTLE, Oct. 13, 2020 /PRNewswire/ — Genemod, a software solution for life scientists that uses data automation to streamline and accelerate research, today announced a $1.7M seed funding round led by Defy.vc with added support by Omicron, Unpopular Ventures, Underdog Labs, and Canaan Partners Scout Fund. The funding will enable Genemod to now include a complimentary product management software alongside the company’s flagship life sciences inventory management service. The funding is a stepping stone to bring Genemod’s vision to life as the company solves the problems around data sharing for biotech companies allowing research to be repeatable and cures to be developed at a faster pace.

Genemod’s cloud-based solutions offer biotech companies the ability to maximize productivity and consolidate data sharing with one collaborative workspace. By streamlining inventory, experiment, application and data management, Genemod helps scientists conduct repeatable research and develop cures faster. Labs from nationally recognized institutions, including the University of Washington School of Medicine, the University of California, Berkeley and the National Institutes of Health rely on Genemod’s cloud-based solutions to accelerate life sciences research and drug discovery. Today’s funding will allow Genemod to grow its current headcount by 50 percent and expand its customer base beyond academic institutions and into small enterprises.

“While the life sciences industry is known for developing inventive solutions to some of the world’s biggest health problems, many scientists are working with manual, siloed and inefficient processes,” said Jacob Lee, CEO and co-founder, Genemod. “Genemod aims to make a scientist’s journey just as innovative as their destination, driving faster and more creative problem solving. Today’s funding will allow us to make a major step toward achieving this goal.”

Alongside the funding, Defy.vc will serve as a growth partner for Genemod, supporting the company as it works to roll out its product roadmap for the latter half of the year. Neil Sequeira, co-founder and managing director of Defy.vc, will join Genemod’s Board of Directors.

“It is crucial to invest in companies leveraging technology to provide software for scientists working on the frontlines of solving the world’s global health challenges,” said Neil Sequeira, co-founder and partner, Defy.vc, “our firm believes that investing in software companies like Genemod will create incredible value in a variety of ways and rapidly solve some of the biggest impediments facing research and discovery.”

Founded in 2018, Genemod was part of the first Launch Lab from Venture Out Startups a company that helps early-stage founders gain traction with their product by acting as a ‘Co-founder as-a-Service.’

About Genemod

Genemod helps biotech companies maximize productivity through cloud-based inventory and product management solutions that drive the next generation of therapies. Life scientists and researchers use Genemod to collaborate on research, inventory reagents and streamline workflows. Alongside some of the world’s leading biotech institutions, including the Fred Hutchinson Cancer Research Center and the University of Washington School of Medicine, Genemod’s long-term vision is to enable organizations to develop cures faster by offering technologically advanced, pre-clinical

Generation Growth Documentary Film Selected for Heartland International Film Festival in Indianapolis

  • Documentary focuses on addressing social determinants of health through gardening curriculum in the classroom for students

  • Film also selected as nominee for ‘Indiana Spotlight’ as Holy Angels Catholic School in Indianapolis and Moores Hill in Dearborn County are featured

  • Green Bronx Machine and Anthem Inc. partner to expand curriculum across the country to bring hope, health and opportunity to communities and students who need it most

The Heartland International Film Festival in Indianapolis has announced Generation Growth, a documentary film focused on health and educational outcomes in low-income areas across America, has been selected for ‘Documentary Features’ and is a nominee for the ‘Indiana Spotlight Award’ for its upcoming film festival from October 8 – 18, 2020.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201006005118/en/

Green Bronx Machine and Anthem Inc. partner to bring hope, health and opportunity to communities and students who need it most through documentary film, Generation Growth, which has been selected to the Heartland International Film Festival in Indianapolis from October 8 – 18, 2020. (Graphic: Business Wire)

Generation Growth takes a journey across the country to address the social determinants of health in some of the most vulnerable communities through an interactive gardening curriculum that allows students to grow vegetables in the classroom, helping them eat better, be more engaged with school and give them pathways for jobs. With the support and partnership of Anthem Inc., a health benefits company, Stephen Ritz, founder of Green Bronx Machine, is able to deliver on his mission to expand around the country, in places like Indiana, to bring hope, health and opportunity to those communities and students who need it most. From 3rd grade to high school students, to rural and urban communities, to students with disabilities and youth in foster care, Generation Growth is dedicated to cultivating minds and harvesting hope.

Social determinants of health continue to be barriers to good health outcomes. These conditions include poverty, housing, poor water quality, transportation, social isolation, lack of employment, lack of access to healthy foods, lack of family cohesion and lack of education. Generation Growth explores these challenges that are impacting so many in Indiana and across the country.

Research indicates that poor nutrition, often a result of food insecurity, is a leading risk factor for many chronic conditions, including heart disease, hypertension, diabetes and other diet-related diseases. And food insecurity is reported to cost the healthcare system an additional $53 billion a year. In Indianapolis, 1 in 4 children live in poverty, 23% of children lack consistent access to food, 21% of households use food assistance and 90% of food consumed is grown out of state.

“It’s hard work raising children, and a lot harder when you’re in poverty, when caring and consistency can be at a premium. When I came across the work that Stephen was doing — teaching children unfairly disadvantaged by their environments, lacking only in opportunity rather than aptitude, and creating a pathway for health and success in life

Physician Prescribes a Life in Medicine; Marvin J. Stone, MD, MACP, FRCP writes book to inspire the next generation of doctors

The future of medicine is exciting. Marvin J. Stone, MD, MACP, FRCP, draws from a lifetime of practicing medicine with a passion to inspire and convey to anyone interested in a medical career the excitement and fascination intrinsic to becoming and serving as a physician in his book “When to Act and When to Refrain: A Lifetime of Learning the Science and Art of Medicine” (Revised and Updated, 2020). He invites students, young doctors, experienced physicians, and lay persons with interest in medical science and health care to an eye-opening look inside his journey through the last half-century in medicine: becoming a physician, acquiring intense training in patient care and research, and teaching at all levels.

DALLAS, Sept. 30, 2020 /PRNewswire-PRWeb/ — “Martin Stone is a classical triple-threat medical academic: accomplished in biomedical research, expert in his clinical field, and revered teacher. He has written a book of immense value.”
Jeremiah A. Barondess, MD, William T. Foley Distinguished Professor in Clinical Medicine, Weill-Cornell Medical College

“No other profession is like medicine. The future of medicine is exciting,” says Marvin J. Stone, MD, MACP, FRCP of Dallas, Texas, chief emeritus, hematology and oncology at Baylor University Medical Center at Dallas, a professor of internal medicine at Texas A&M College of Medicine and clinical professor of humanities at the University of Texas at Dallas. Advances in medical science are developing in dizzying speed. Despite the myriad challenges facing students and new doctors, it is reassuring to note that the number of applicants for medical schools in the United States remains high.

With the release of his book “When to Act and When to Refrain: A Lifetime of Learning the Science and Art of Medicine” (Revised and Updated, 2020). Dr. Stone draws from a lifetime of practicing medicine with a passion to inspire and convey to anyone interested in a medical career the excitement and fascination intrinsic to becoming and serving as a physician. He invites students, young doctors, experienced physicians, and lay persons with interest in medical science and health care to an eye-opening look inside his journey through the last half-century in medicine: becoming a physician, acquiring intense training in patient care and research, and teaching at all levels.

A warm and engaging autobiography, Stone says, “Looking back over my career, I’ve had the wonderful opportunity to teach, do research, and care for patients while continuing to learn the science and art of medicine. To see your students excel, to perform an experiment that yields new scientific knowledge, and especially to help some seriously ill patients recover so they can see their children and grandchildren grow up––what more could one ask?”

As we turn towards the future and our goals for 2050, he emphasizes the importance of maintaining core values. He says, “We must always bear in mind the three pillars of medicine: Competence, Caring, and Compassion. Further adding, “These core values in medicine and science are crucial to fulfilling our goals: to