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ENPICOM secures extended financing from BOP Capital, BOM Brabant Ventures, Nextgen Ventures, and Arches Capital

Written by Life Science Newswire | Jun 29, 2023 1:00:00 PM

Investment will help fuel international partnerships, grow IGX Platform functionality, and diversify proposition with new generative AI solutions

ENPICOM, an innovative bioinformatics software engineering company, has successfully secured further financial backing from its current investors BOP Capital, BOM Brabant Ventures, Nextgen Ventures, and Arches Capital. This underscores investor confidence in ENPICOM’s vision, unique technological capabilities, and exceptional track record in serving customers in the pharmaceutical and biotech industries.

Recognizing the need for innovative data analysis solutions that provide a comprehensive understanding of the repertoire sequencing data, ENPICOM stands at the forefront, developing robust and intuitive software that empowers researchers with fast and efficient antibody discovery capabilities. Through its innovative approach, ENPICOM enables companies to implement data-driven antibody discovery strategies crucial to unlocking the full potential of their immune repertoire sequencing data and transitioning from vast sequence datasets to a curated selection of promising leads.

The new capital infusion will finance the company's continued growth by expanding its platform functionalities and providing its customers and partners with even more cutting-edge BCR and TCR data analysis solutions to drive breakthroughs in therapeutic discovery and further build out its strategic partnerships.

Furthermore, ENPICOM is committed to enhancing its proposition by integrating generative artificial intelligence (AI). By bringing generative AI models to market, the company will enable swift and efficient antibody discovery and optimization, further propelling scientific advancements in the field.

"ENPICOM's success in securing this financing demonstrates the strong confidence placed in our vision, expertise, and technological capabilities," said Paul van der Velde, CEO at ENPICOM. "In these challenging times and a competitive investment landscape, we are excited to utilize these funds to drive our growth, enhance our platform, and pioneer AI-based solutions, solidifying our position as an industry leader. It provides us with the financial flexibility to keep building the company.”

By relentlessly pushing boundaries and empowering organizations in pharmaceuticals, biotech, and academic research to maximize their scientific insights and accelerate innovation, ENPICOM aims to solidify its position as an industry leader and ultimately transform the future of antibody discovery.

About the IGX Platform

The IGX Platform is a powerful cloud platform designed to improve immune research guiding the discovery and development of superior biotherapeutics. It offers an intuitive environment for scientists and bioinformaticians to combine and manage data sequenced with different technologies (e.g., Sanger, bulk NGS and Single Cell), integrate assay data from wet-lab experiments, and predict exposed sequence liabilities. All this information can be incorporated into tailored analysis workflows and create information-rich phylogenetic trees to help guide candidate selection and prioritization.

About ENPICOM

ENPICOM is an innovative bioinformatics software engineering company delivering ground-breaking products and customized solutions to decode the immune system and improve human health. With a diverse team of experts in various disciplines, ENPICOM serves customers from all over the world, ranging from academic research centers doing basic research related to the immune system to biotech and global pharmaceutical companies focusing on the discovery and development of novel antibodies and vaccines.

Leveraging a unique mix of immunology knowledge, bioinformatics methods, and software development skills, ENPICOM offers a world-class repertoire sequencing data analysis solution – the ImmunoGenomiX (IGX) Platform. IGX is an innovative platform to manage, analyze, visualize, and interpret immune repertoire sequencing data from T and B cell receptors. Moreover, together with its partners, ENPICOM also delivers full immune repertoire sequencing and analysis on demand.