ICarbonX

Last updated
ICarbonX
Native name
iCarbonX(碳云智能)
Company typePrivate
Industry Health Care, Genomics
FoundedOctober 2015
FounderJun Wang
HeadquartersShenzhen, Guangdong Province, China
Number of locations
2
Key people
Jun Wang
Website www.icarbonx.com

iCarbonX is a company founded by Chinese genomicist Jun Wang, former CEO of Beijing Genomic Institute (BGI), in 2015. iCarbonX combines genomics with other health factors such as metabolites, bacteria and lifestyle choices to create a digitalized form of life. [1]

History

iCarbonX was founded on October 27, 2015. On September 10, 2016, iCarbonX acquired Imagu Vision Technologies, an Israeli AI and image processing company, [2] in order to establish an iCarbonX-Israel R&D center. [3]

On January 5, 2017, iCarbonX announced its Digital Life Alliance with seven other companies including SomaLogic, HealthTell, PatientsLikeMe, [4] AOBiome, GALT, Imagu and Robustnique. [5]

iCarbonX has raised over $600 million in investment. Tencent Holdings Limited (owner of social-media app WeChat) and Zhongyuan Union Cell & Gene Engineering Corp. invested $200 million [6] in iCarbonX, which made iCarbonX one of only three Chinese healthcare startups with a valuation of more than $1 billion (considered a Unicorn). The company has about 100 employees. [7]

On January 5, 2017, iCarbonX released Meum, a digital health management platform. [8] On the same day, iCarbonX announced a partnership with PatientsLikeMe, an online network for patients with chronic conditions. iCarbonX funded PatientsLikeMe with $100M with plans for the two companies to work together on genetic sequencing projects. [9]

The company name, “iCarbonX,” symbolizes the use of the internet and artificial intelligence to improve life, of which a central element is carbon. [4] The “i” and “X” indicate the company's plans to combine the Internet and artificial intelligence to create something new. [4]

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References

  1. "Alpha Unicorn iCarbonX Eyes 800M WeChat Users To Build Global Precision Health Giant – China Money Network". www.chinamoneynetwork.com. Retrieved 2017-10-03.
  2. "Tencent-backed Chinese AI platform iCarbonX acquires Israel's Imagu Vision Technologies". DealStreetAsia. 2016-09-13. Retrieved 2022-12-07.
  3. "China's iCarbonX Acquires Israel-Based Imagu For A.I. Technology". Asian Scientist Magazine | Science, Technology and Medicine News Updates From Asia. 2016-09-22. Retrieved 2017-10-03.
  4. 1 2 3 "Is iCarbonX the next Google in Biotech? - Business - Chinadaily.com.cn". chinadaily.com.cn. 2015-10-30. Retrieved 2022-12-07.
  5. "Diagnostics World News". www.diagnosticsworldnews.com. Archived from the original on 2017-08-23. Retrieved 2017-04-11.
  6. Cyranoski, David (12 January 2017). "Chinese AI company plans to mine health data faster than rivals". Nature. 541 (7636): 141–142. Bibcode:2017Natur.541..141C. doi: 10.1038/541141a . PMID   28079091.
  7. "How to Predict Your Body's Health With a Digital DNA Avatar". Bloomberg.com. 2016-06-29. Retrieved 2017-10-03.
  8. "iCarbonX Expands Digital Life Alliance to Accelerate Development of Global Health Ecosystem". www.businesswire.com. 5 January 2017. Retrieved 2017-10-03.
  9. "PatientsLikeMe secures $100M, partners with health data company iCarbonX". MobiHealthNews. 2017-01-05. Retrieved 2023-12-12.