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Entrepreneurial frontier explored in ‘Moonshots’

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Entrepreneur Naveen Jain takes a zero-G airplane flight. (Credit: Naveen Jain / Zero Gravity Corp. via Twitter)

BELLEVUE, Wash. — Seattle-area entrepreneur Naveen Jain is a big fan of moonshots — in part because one of his ventures, Moon Express, is gearing up to do honest-to-goodness moonshots. Jain also backs a “moonshot factory” called BlueDot. So it only makes sense that Jain’s newly published book, written with John Schroeter, is titled “Moonshots: Creating a World of Abundance.”

What does Jain see as the next frontier for technological moonshots?

“I think the next problem I want to solve is agricultural production and food,” Jain told me in the run-up to this week’s publication of the book. “We really believe there is no reason we cannot increase the productivity of our crops by adjusting the soil microbiome and the seed microbiome.”

That may sound like a tall order, considering that experts are sounding the alarm about potentially catastrophic food shortages by the year 2050. But Jain has faith that technology — and entrepreneurship — will find a way.

That attitude is reflected in the 59-year-old, Indian-born engineer’s career, including his sometimes-controversial stint as the founder and CEO of InfoSpace, his foray into space missions as the co-founder and chairman of Moon Express, and his CEO roles at the Bellevue-based BlueDot tech incubator and at its first spinout, the Viome wellness venture.

It’s reflected as well in “Moonshots,” which puts entrepreneurs front and center when it comes to saving the world.

“The book was written for entrepreneurs, and really, even our own kids,” Jain said.

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Naveen Jain’s Viome offers a gut check

Naveen Jain
Viome CEO Naveen Jain shows how a stool sample would be placed into a kit for an analysis of gut microbes. (GeekWire Photo / Alan Boyle)

BELLEVUE, Wash. – Seattle-area entrepreneur Naveen Jain is ramping up Viome, a wellness monitoring service that’s the first venture brought to life by his BlueDot innovation factory.

Viome blends readings from your blood, urine, saliva and stool samples to develop a profile of your biochemistry, as well as the microbes in your digestive system, and then feeds that profile into a smartphone app that spits out personalized recommendations for diet and lifestyle.

That basic model is the foundation for a widening array of wellness ventures, including Seattle-based Arivale as well as Ubiome in San Francisco, DayTwo in Israel and at least half a dozen others. But Viome CEO Jain and his fellow executives are banking on a technology they’re licensing from Los Alamos National Laboratory in New Mexico to analyze the human gut microbiome in unmatched detail.

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BlueDot innovation factory raises $10.1million

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BlueDot CEO Naveen Jain at his office in Bellevue, Wash. (GeekWire photo)

BELLEVUE, Wash. – BlueDot, the “innovation factory” founded by serial tech entrepreneur Naveen Jain, says it has completed a $10.1 million Series A funding round with an assist from the likes of XPRIZE founder Peter Diamandis.

Jain told GeekWire that Diamandis’ breakthrough investment fund, Bold Capital Partners, is among the participants in the round. So is Soma Somasegar, a former Microsoft executive who is now a venture partner at Madrona Venture Group. And so is CerraCap Ventures, a fund that made a splash late last year with its investment in Special Occasions, NDTV’s online wedding planning platform in India.

“Bold Capital, CerraCap Ventures, I and many other successful executives and entrepreneurs invested in the round,” Jain, who was born in India, confirmed in an email today. He said the round valued BlueDot at $60 million.

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BlueDot founder previews his innovation factory

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Entrepreneur Naveen Jain takes a zero-G airplane flight. (Credit: Naveen Jain / Zero Gravity Corp. via Twitter)

Naveen Jain’s Moon Express is well along in its plans for a lunar mission next year, but the Seattle dot-com entrepreneur is also pursuing “moonshots” here on Earth through his BlueDot venture.

BlueDot, based in Bellevue, Wash., came into the open last November with the goal of turning the discoveries made at research institutions around the country into innovative products. At the time, Jain told GeekWire that the venture’s first technological targets would be charging devices that harvest ambient energy and non-invasive devices that detect pathogens.

Now we’re learning how BlueDot plans to proceed, and how much it will take.

CNBC reports that the venture has brought in $8.3 million in investment, which translates into a valuation of $60 million. And NASA astronaut Scott Parazynski has surfaced as the company’s co-founder and chief technology officer.

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