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Venture Capital News: nference Secures $60M Series C Round

2020-12-15
CAMBRIDGE, MA, nference, which synthesizes the world's biomedical knowledge, announced completion of a $60 million Series C funding round.
The round was led by Matrix Capital Management, along with Matrix Partners, Mayo Clinic Ventures and NTTVC.

The Series C funding supports the work of nference teams in ongoing software development and learning models. Recent nference projects include understanding critical characteristics of the SARS-CoV-2 virus transmission, the symptoms and progression of Covid-19, and diagnostic predictions of chronic and life-threatening conditions such as pulmonary hypertension.

Through its augmented intelligence nferXTM software platform, nference synthesizes exponentially growing storehouses of siloed biomedical knowledge into actionable insights. State-of-the-art neural networks are trained to deliver real-time, automated intelligence extracted from scientific, clinical, regulatory and commercial data sets. The platform supports a diverse set of applications across the life-sciences ecosystem. nference is headquartered in Cambridge, MA. Follow nference on LinkedIn and Twitter. Visit us at nference.ai.
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