https://www.businesswire.com/news/home/20180716005115/en/

SAN FRANCISCO--(BUSINESS WIRE)--Jul 16, 2018--Verge Genomics, a drug discovery company utilizing machine learning to develop new therapeutics, announced today that it has raised $32 million in Series A financing led by DFJ. New biotech investors WuXi AppTec’s Corporate Venture Fund, ALS Investment Fund, Agent Capital, and OS Fund also participated in the round. The oversubscribed round brings Verge’s total funding raised to-date to more than $36 million. With this round, Emily Melton of DFJ will join Verge Genomics’ Board of Directors.

Founded in 2015, Verge intersects machine learning, neuroscience, and experimental biology to accelerate drug discovery. The Company has developed lead therapeutic programs in ALS and Parkinson’s disease at breakneck pace while establishing partnerships with two pharmaceutical companies. Verge also invested heavily in the creation of its proprietary datasets, generating one of the field’s largest and most comprehensive databases of ALS and Parkinson’s Disease patient genomic data through partnerships with a dozen top-tier academic and government organizations.