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Andreessen, Founders Fund Back Genomics Startup Exiting Stealth

For the past five years, a startup backed by some of the biggest names in venture capital has been secretly developing a way to sequence genes faster, cheaper and at a bigger scale.

Now Ultima Genomics is coming out of stealth mode after raising $600 million from investors including Andreessen Horowitz, Peter Thiel’s Founders Fund and Khosla Ventures, according to a statement reviewed by Bloomberg News. General Atlantic, D1 Capital, Lightspeed, aMoon and Playground Global also have invested.