{"id":35406,"date":"2018-12-11T17:41:23","date_gmt":"2018-12-11T22:41:23","guid":{"rendered":"https:\/\/sciencebusiness.technewslit.com\/?p=35406"},"modified":"2018-12-11T17:41:23","modified_gmt":"2018-12-11T22:41:23","slug":"nanotech-gene-therapy-company-raises-8-5m-in-seed-funds","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=35406","title":{"rendered":"Nanotech Gene Therapy Company Raises $8.5M in Seed Funds"},"content":{"rendered":"<figure id=\"attachment_33283\" aria-describedby=\"caption-attachment-33283\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-33283\" src=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/05\/DNAEdits_LaCasadeGoethe_Pixabay.jpg\" alt=\"Editing DNA\" width=\"640\" height=\"476\" srcset=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/05\/DNAEdits_LaCasadeGoethe_Pixabay.jpg 640w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/05\/DNAEdits_LaCasadeGoethe_Pixabay-300x223.jpg 300w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/05\/DNAEdits_LaCasadeGoethe_Pixabay-150x112.jpg 150w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/05\/DNAEdits_LaCasadeGoethe_Pixabay-400x298.jpg 400w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><figcaption id=\"caption-attachment-33283\" class=\"wp-caption-text\">(LaCasadeGoethe, Pixabay)<\/figcaption><\/figure>\n<p>11 Dec. 2018. A start-up company developing nanoscale particles to deliver gene-editing enzymes, including those for Crispr, is raising $8.5 million in its seed funding round. <a href=\"http:\/\/www.genedit.com\/press-2\/\">GenEdit Inc.<\/a> in Berkeley, California is a spin-off enterprise from University of California in Berkeley, founded by a biomedical engineering professor and 2 recent Ph.D. graduates leading the company.<\/p>\n<p>GenEdit is developing a delivery technology for gene editing processes, with the best known technique being <a href=\"https:\/\/www.broadinstitute.org\/research-highlights-crispr\">Crispr<\/a>, short for clustered regularly interspaced short palindromic repeats. Crispr is based on bacterial defense mechanisms that use RNA to identify and monitor precise locations in DNA. The actual editing of genomes with Crispr in most cases today uses an enzyme known as Crispr-associated protein 9 or\u00a0<a href=\"http:\/\/www.uniprot.org\/uniprot\/Q99ZW2\">Cas9<\/a>. RNA molecules guide the editing enzymes to specific genes needing repair, making it possible to address root causes of many diseases.<\/p>\n<p>Up to now, most Crispr processes use benign viruses, such as adenoviruses, to deliver the editing enzymes to DNA in the target cells. <a href=\"https:\/\/www.cdc.gov\/adenovirus\/index.html\">Adenoviruses<\/a>, while relatively harmless to most people, can be troublesome for people with weakened immune systems, or people with respiratory or cardiac disorders. As a therapeutic technology, Crispr would need to find a way of <a href=\"https:\/\/www.nature.com\/articles\/s41598-017-17180-w\">removing risks of adverse effects<\/a> from viruses that deliver editing enzymes, or use a method other than viruses for delivery.<\/p>\n<p>GenEdit is commercializing research from the lab of UC-Berkeley professor <a href=\"https:\/\/murthylab.berkeley.edu\/\">Niren Murthy<\/a> that studies delivery of small molecule and biologic therapies with micro- and nanoscale particles. Murthy, with doctoral students at the time <span class=\"xn-person\"><a href=\"https:\/\/www.linkedin.com\/in\/kunwoo-lee-4b224490\/\">Kunwoo Lee<\/a> and<\/span> <span class=\"xn-person\"><a href=\"https:\/\/www.linkedin.com\/in\/hyo-min-park-06410676\/\">Hyo Min Park<\/a>, demonstrated the use of gold nanoparticles to deliver Cas9 enzymes with Crispr to edit the relevant genes in lab mice induced with the inherited diseases <a href=\"https:\/\/www.nature.com\/articles\/s41551-017-0137-2\">Duchenne muscular dystrophy<\/a> and <a href=\"https:\/\/www.nature.com\/articles\/s41551-018-0252-8\">fragile X syndrome<\/a>, a common single-gene form of autism spectrum disorders. <\/span><\/p>\n<p>In an August 2018 publication, Murthy, Lee, and Park demonstrated delivery of the more precise <a href=\"https:\/\/www.nature.com\/articles\/s41467-018-05641-3\">Crispr Cpf1 enzyme<\/a> with nanoscale particles made of polymers instead of gold. <a href=\"http:\/\/www.genedit.com\/our-science\">GenEdit&#8217;s technology<\/a> offers this polymer nanoparticle method to deliver enzymes for Crispr, as well as the other genome editing techniques <a href=\"https:\/\/www.ncbi.nlm.nih.gov\/pmc\/articles\/PMC3176093\/\">zinc finger nucleases<\/a> and <a href=\"https:\/\/www.ncbi.nlm.nih.gov\/pmc\/articles\/PMC3547402\/\">TALENs<\/a>. The company says it&#8217;s creating a library of polymer nanoparticles to deliver these enzymes and proteins designed to interact with specific cells and tissue in nerves, muscle, liver, and blood.<\/p>\n<p>GenEdit was founded by Lee, now the company&#8217;s CEO, with Park and Murthy in 2016. While GenEdit gained initial funds for its launch, the company now raised another $8.5 million in seed funds, led by technology investment companies <a href=\"https:\/\/www.dcvc.com\/\">Data Collective<\/a> in Palo Alto and San Francisco, and <a href=\"http:\/\/hc.sk.co.kr\/en\/\">SK Holdings<\/a> in Seoul, South Korea. Joining the seed round were GenEdit&#8217;s earlier funders Sequoia Capital and Bow Capital.<\/p>\n<p>More from Science &amp; Enterprise:<\/p>\n<ul>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=35097\">RNA Therapeutics Company Raises $30M in First Venture Round<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=34671\">$29.5M Funding Raised for Sinus Drug Delivery Company<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=34476\">Scientists, Investors Form $100M+ Tech Venture Fund<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=33842\">New $315 Million Life Sciences Venture Fund Unveiled<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=33302\">Genetic Repair Company Starts-Up, Gains $87 Million<\/a><\/li>\n<\/ul>\n<p style=\"text-align: center;\">*\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0 *<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A start-up company developing nanoscale particles to deliver gene-editing enzymes, including those for Crispr, is raising $8.5 million in its seed funding round.<\/p>\n","protected":false},"author":1,"featured_media":33283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,15],"tags":[107,31,21,86,74,23,55,24,64,43,18,27,105,26],"class_list":["post-35406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-products","tag-asia","tag-biomedical","tag-biotech","tag-engineering","tag-entrepreneurs","tag-equity","tag-genomics","tag-investment","tag-life-sciences","tag-materials-science","tag-nanotechnology","tag-pharmaceuticals","tag-physical-sciences","tag-university"],"_links":{"self":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/35406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35406"}],"version-history":[{"count":3,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/35406\/revisions"}],"predecessor-version":[{"id":35409,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/35406\/revisions\/35409"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/media\/33283"}],"wp:attachment":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}