Parabricks Awarded Small Business Innovation Research Phase II Grant by the NSF

October 11, 2018

ANN ARBOR, Mich. and SAN DIEGOOct. 11, 2018 — Parabricks has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) Phase II grant for $748,104 to commercialize innovative technology by conducting research and development (R&D) work to greatly accelerate secondary genomics processing and analysis using graphics processing units (GPUs). The Michigan Emerging Technologies Fund matched the grant with $125,000 to support commercialization efforts. The company will present its latest product advancements at the American Society of Human Genetics 2018 Annual Meeting October 16-20 in San Diego, California.

Parabricks is developing high performance GPU-based software solutions for higher throughput, lower cost next generation sequencing data analysis, the foundation for precision medicine. The Parabricks technology accelerates secondary data analysis from days to less than 1 hour while simultaneously reducing cost and generating fully equivalent output. Its customizable, high performance computing techniques are focused on the industry-leading genomic analysis tools such as GATK4. This funding will support expansion of technical capabilities,  producing a turn-key solution for researchers and clinicians.

“The National Science Foundation supports small businesses with the most innovative, cutting-edge ideas that have the potential to become great commercial successes and make huge societal impacts,” said Barry Johnson, Director of Division of Industrial Innovation and Partnerships at NSF. “We hope that this seed funding will spark solutions to some of the most important challenges of our time across all areas of science and technology.”

“This award will significantly advance Parabricks’ efforts to expand on the development completed in Phase I, and allow the company to commercialize a broad portfolio of software solutions including deep-learning based analysis for researchers and clinicians using genetic information in their work,” said Dr. Mehrzad Samadi, Parabricks CEO and Co-Founder. “By providing faster results at significantly lower cost, Parabricks is enabling community to analyze large data sets, which was a challenge before.”

Small businesses can receive up to $1.5 million in funding from NSF. Companies must first have received a Phase I award (up to $225,000) to become eligible to apply for a Phase II grant (up to $750,000) to further develop and commercialize the technology. Small businesses with Phase II grants are eligible to receive up to $500,000 in additional matching funds with qualifying third-party investment or sales.

About the National Science Foundation’s Small Business Programs

America’s Seed Fund powered by the National Science Foundation (NSF) awards nearly $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $1.5 million in non-dilutive funds to support research and development (R&D), helping de-risk technology for commercial success. America’s Seed Fund is congressionally mandated through the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of about $7.5 billion that supports fundamental research and education across all fields of science and engineering. To learn more about the NSF SBIR/STTR program, visit: seedfund.nsf.gov.

About Parabricks

Parabricks provides high performance GPU-based software solutions for analysis of next generation sequencing data, resulting in high throughput at reduced costs compared to other available solutions—in the cloud or on-premise. Parabricks brings proprietary high performance computing techniques to accelerate the data analysis process of the industry-leading genomic pipelines–from days to less than one hour and reduces cost– generating fully equivalent and accurate output. Parabricks software can integrate seamlessly with deep learning techniques, statistical packages and visualization tools, leading to faster data insights. For more information, please visit www.parabricks.com or contact Parabricks at [email protected].


Source: Parabricks

Subscribe to HPCwire's Weekly Update!

Be the most informed person in the room! Stay ahead of the tech trends with industy updates delivered to you every week!

South Africa CHPC: Home Grown Dynasty

October 22, 2018

Before the build up to the final event in the 2018 Student Cluster Competition season (the SC18 competition in Dallas), I want to take a moment to write about one of the great inspirational stories of these competitions. Read more…

By Dan Olds

NSF Launches Quantum Computing Faculty Fellows Program

October 22, 2018

Efforts to expand quantum computing research capacity continue to accelerate. The National Science Foundation today announced a Quantum Computing & Information Science Faculty Fellows (QCIS-FF) program aimed at devel Read more…

By John Russell

Democratization of HPC Part 3: Ninth Graders Tap HPC in the Cloud to Design Flying Boats

October 18, 2018

This is the third in a series of articles demonstrating the growing acceptance of high-performance computing (HPC) in new user communities and application areas. In this article we present UberCloud use case #208 on how Read more…

By Wolfgang Gentzsch and Håkon Bull Hove

HPE Extreme Performance Solutions

One Small Step Toward Mars: One Giant Leap for Supercomputing

Since the days of the Space Race between the U.S. and the former Soviet Union, we have continually sought ways to perform experiments in space. Read more…

IBM Accelerated Insights

Join IBM at SC18 and Learn to Harness the Next Generation of AI-focused Supercomputing

Blurring the lines between HPC and AI

Today’s high performance computers are helping clients gain insights at an unprecedented pace. The intersection of artificial intelligence (AI) and HPC can transform industries while solving some of the world’s toughest challenges. Read more…

Penguin Computing Launches Consultancy for Piecing AI Strategies Together

October 18, 2018

AI stands before the HPC industry as a beacon of great expectations, yet market research repeatedly shows that AI adoption is commonly stuck in the talking phase, on the near side of a difficult chasm to cross. In respon Read more…

By Tiffany Trader

South Africa CHPC: Home Grown Dynasty

October 22, 2018

Before the build up to the final event in the 2018 Student Cluster Competition season (the SC18 competition in Dallas), I want to take a moment to write about o Read more…

By Dan Olds

Penguin Computing Launches Consultancy for Piecing AI Strategies Together

October 18, 2018

AI stands before the HPC industry as a beacon of great expectations, yet market research repeatedly shows that AI adoption is commonly stuck in the talking phas Read more…

By Tiffany Trader

When Water Quality—Not Quantity—Hinders HPC Cooling

October 18, 2018

Attention has been paid to the sheer quantity of water consumed by supercomputers’ cooling towers – and rightly so, as they can require thousands of gallons per minute to cool. But in the background, another factor can emerge, bottlenecking efficiency and raising costs: water quality. Read more…

By Oliver Peckham

Paper Offers ‘Proof’ of Quantum Advantage on Some Problems

October 18, 2018

Is quantum computing worth all the effort being poured into it or should we just wait for classical computing to catch up? An IBM blog today posed those questio Read more…

By John Russell

Dell EMC to Supply U Michigan’s Great Lakes Cluster

October 16, 2018

The University of Michigan (U-M) today announced Dell EMC is the lead vendor for U-M’s $4.8 million Great Lakes HPC cluster scheduled for deployment in first Read more…

By John Russell

Houston to Field Massive, ‘Geophysically Configured’ Cloud Supercomputer

October 11, 2018

Based on some news stories out today, one might get the impression that the next system to crack number one on the Top500 would be an industrial oil and gas mon Read more…

By Tiffany Trader

Nvidia Platform Pushes GPUs into Machine Learning, High Performance Data Analytics

October 10, 2018

GPU leader Nvidia, generally associated with deep learning, autonomous vehicles and other higher-end enterprise and scientific workloads (and gaming, of course) Read more…

By Doug Black

Federal Investment in Exascale – What It Really Means

October 10, 2018

Earlier this month, the EuroHPC JU (Joint Undertaking) reached critical mass, and it seems all EU and affiliated member states, bar the UK (unsurprisingly), have or will sign on. The EuroHPC JU was born from a recognition that individual EU member states, and the EU as a whole, were significantly underinvesting in HPC compared to the US, China and Japan, who all have their own exascale investment and delivery strategies (NSCI, 13th 5 Year Plan, Post-K, etc). Read more…

By Dairsie Latimer

TACC Wins Next NSF-funded Major Supercomputer

July 30, 2018

The Texas Advanced Computing Center (TACC) has won the next NSF-funded big supercomputer beating out rivals including the National Center for Supercomputing Ap Read more…

By John Russell

IBM at Hot Chips: What’s Next for Power

August 23, 2018

With processor, memory and networking technologies all racing to fill in for an ailing Moore’s law, the era of the heterogeneous datacenter is well underway, Read more…

By Tiffany Trader

Requiem for a Phi: Knights Landing Discontinued

July 25, 2018

On Monday, Intel made public its end of life strategy for the Knights Landing "KNL" Phi product set. The announcement makes official what has already been wide Read more…

By Tiffany Trader

CERN Project Sees Orders-of-Magnitude Speedup with AI Approach

August 14, 2018

An award-winning effort at CERN has demonstrated potential to significantly change how the physics based modeling and simulation communities view machine learni Read more…

By Rob Farber

House Passes $1.275B National Quantum Initiative

September 17, 2018

Last Thursday the U.S. House of Representatives passed the National Quantum Initiative Act (NQIA) intended to accelerate quantum computing research and developm Read more…

By John Russell

Summit Supercomputer is Already Making its Mark on Science

September 20, 2018

Summit, now the fastest supercomputer in the world, is quickly making its mark in science – five of the six finalists just announced for the prestigious 2018 Read more…

By John Russell

New Deep Learning Algorithm Solves Rubik’s Cube

July 25, 2018

Solving (and attempting to solve) Rubik’s Cube has delighted millions of puzzle lovers since 1974 when the cube was invented by Hungarian sculptor and archite Read more…

By John Russell

D-Wave Breaks New Ground in Quantum Simulation

July 16, 2018

Last Friday D-Wave scientists and colleagues published work in Science which they say represents the first fulfillment of Richard Feynman’s 1982 notion that Read more…

By John Russell

Leading Solution Providers

HPC on Wall Street 2018 Booth Video Tours Playlist

Arista

Dell EMC

IBM

Intel

RStor

VMWare

TACC’s ‘Frontera’ Supercomputer Expands Horizon for Extreme-Scale Science

August 29, 2018

The National Science Foundation and the Texas Advanced Computing Center announced today that a new system, called Frontera, will overtake Stampede 2 as the fast Read more…

By Tiffany Trader

HPE No. 1, IBM Surges, in ‘Bucking Bronco’ High Performance Server Market

September 27, 2018

Riding healthy U.S. and global economies, strong demand for AI-capable hardware and other tailwind trends, the high performance computing server market jumped 28 percent in the second quarter 2018 to $3.7 billion, up from $2.9 billion for the same period last year, according to industry analyst firm Hyperion Research. Read more…

By Doug Black

Intel Announces Cooper Lake, Advances AI Strategy

August 9, 2018

Intel's chief datacenter exec Navin Shenoy kicked off the company's Data-Centric Innovation Summit Wednesday, the day-long program devoted to Intel's datacenter Read more…

By Tiffany Trader

GPUs Power Five of World’s Top Seven Supercomputers

June 25, 2018

The top 10 echelon of the newly minted Top500 list boasts three powerful new systems with one common engine: the Nvidia Volta V100 general-purpose graphics proc Read more…

By Tiffany Trader

Germany Celebrates Launch of Two Fastest Supercomputers

September 26, 2018

The new high-performance computer SuperMUC-NG at the Leibniz Supercomputing Center (LRZ) in Garching is the fastest computer in Germany and one of the fastest i Read more…

By Tiffany Trader

MLPerf – Will New Machine Learning Benchmark Help Propel AI Forward?

May 2, 2018

Let the AI benchmarking wars begin. Today, a diverse group from academia and industry – Google, Baidu, Intel, AMD, Harvard, and Stanford among them – releas Read more…

By John Russell

Aerodynamic Simulation Reveals Best Position in a Peloton of Cyclists

July 5, 2018

Eindhoven University of Technology (TU/e) and KU Leuven research group conducts the largest numerical simulation ever done in the sport industry and cycling discipline. The goal was to understand the aerodynamic interactions in the peloton, i.e., the main pack of cyclists in a race. Read more…

Houston to Field Massive, ‘Geophysically Configured’ Cloud Supercomputer

October 11, 2018

Based on some news stories out today, one might get the impression that the next system to crack number one on the Top500 would be an industrial oil and gas mon Read more…

By Tiffany Trader

  • arrow
  • Click Here for More Headlines
  • arrow
Do NOT follow this link or you will be banned from the site!
Share This