Oxford Nanopore Closes on $41M

Oxford Nanopore Technologies Ltd., a UK-based developers of nanopore technology, has sealed 25 million pounds ($41 million) in new funding. Lansdowne Partners, IP Group, Invesco Perpetual, Redmile Group, Illumina and other undisclosed investors participated in the round. The company had previously raised 49 million pounds. Oxford Nanopore was formed in 2005, and will use the money for continued development.

26 April 2011•3 mins read
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