Jun Wang's iCarbonX healthcare data mining startup seeks $106M in Series A funding

Shenzhen-based big data healthcare startup iCarbonX, led by former BGI CEO Jun Wang, is on the hunt for $106 million in a Series A funding and has already received a pledge of $15 million, China Money Network reports. The new venture by Wang aims to mine data from genomics and other related sources and use artificial intelligence to link the effort to finding treatment therapies. China Money Network said Shanghai-listed Vcanbio Cell & Gene Engineering disclosed its investment of $15 million in a stock exchange filing. In October, plans for iCarbonX unveiled Yingrui Li, the former chief scientist at BGI, as a co-founder. Report