[Falls Church, Virginia, September 6th, 2024] – Magna Labs, a leader in automated quality assurance (QA) solutions for bioinformatics, is excited to announce that it has been awarded a Fairfax Founders Fund grant. This recognition by the Fairfax County Economic Development Authority (FCEDA) will provide essential support to further develop and scale Magna Labs' groundbreaking no-code QA platform, Miqa, designed to ensure the reliability and reproducibility of bioinformatic pipelines in precision medicine and genomic research.

The Fairfax Founders Fund supports high-potential, early-stage technology startups in Fairfax County, accelerating innovation and growth in key industries. The grant awarded to Magna Labs underscores its contribution to the life sciences sector and highlights the crucial role of QA in bioinformatic software validation. With this funding, Magna Labs aims to advance its mission of bringing software engineering best practices to computational biology and empowering research teams with tools to optimize their data workflows.

This funding allows the Magna Labs team to expand its product capabilities, enhance our reach, and continue to address the pressing need for quality assurance in bioinformatics, particularly as genomic research becomes more integrated with clinical and precision medicine practices. The team is excited to build on this momentum and drive greater impact in the field.

Magna Labs’ flagship platform, Miqa, offers a no-code, automated QA solution that is accessible to both bioinformatic engineers and researchers. Miqa streamlines the process of validating bioinformatic software pipelines, ensuring accuracy and reproducibility without requiring extensive technical expertise. The platform has seen growing demand from bioinformatic teams working in clinical genomics, precision medicine, and academic research, as it addresses critical pain points around software validation, regulatory compliance, and data integrity.

With the Fairfax Founders Fund grant, Magna Labs plans to accelerate its growth strategy by enhancing the platform's cloud capabilities, expanding its customer base, and developing new integrations with widely used bioinformatics tools. The company’s vision is to lead the bioinformatics industry toward greater standardization and reliability through its innovative QA solutions.

Fairfax County, known for its vibrant tech ecosystem, is home to a diverse array of startups and innovators, and Magna Labs is proud to be part of this dynamic community. The Fairfax Founders Fund grant reinforces the region’s commitment to nurturing innovative technology companies and fostering a thriving environment for entrepreneurship.

For more information on Magna Labs and its cutting-edge bioinformatics QA platform, visit www.magnalabs.co.

About Magna Labs

Magna Labs is a pioneering bioinformatics company focused on automating quality assurance (QA) processes for genomic and computational biology research. Its no-code platform, Miqa, empowers researchers and bioinformaticians to validate software pipelines with greater ease, efficiency, and accuracy, ensuring reproducibility and compliance in data-driven science. Magna Labs is committed to advancing innovation and standardization in bioinformatics and precision medicine.