Investor Peter Thiel may be best known for founding PayPal and investing early in Facebook, but it seems he has a soft spot for biology too. Since 2011, the Thiel Foundation has funded biotechnology startups through an organization called Breakout Labs. The organization tends to interpret "biology and technology" loosely—its first protege worked on algorithms designed to understand natural human speech—but the latest round of Breakout Labs funding goes to folks with serious life-sciences ambitions.Breakout Labs' latest investments, announced yesterday, include one company dedicated to finding…
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