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Tencent Co-leads $50 Million Round for Congenica, a UK Genomics Company

publication date: Nov 11, 2020

China's Tencent co-led a $50 million C round for Congenica, a Cambridge UK genomic analysis company. Congenica's products enable rapid, accurate analysis of complex genomic data, especially for genomic analysis of rare diseases and inherited cancers. With the new funds, the company plans to expand into somatic cancer and wellness. Tencent, a China internet company, has an online healthcare subsidiary, Trusted Doctor, but the company did not say whether it expects to incorporate Congenica into its online services. More details....

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