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Oxford Nanopore Hits £1.5bn Valuation With Latest £100m Round

 
• By Catherine Longworth

In one of the bigger private financing rounds seen this month so far, British genomics firm Oxford Nanopore Technologies has raised £100m ($140m) from a syndicate of APAC investors to expand its commercial activities. The latest funding round values the company at £1.5bn.

British genomics firm Oxford Nanopore Technologies (ONT) has raised £100m ($140m) from a syndicate of APAC investors to expand commercial activities. The latest funding round brings its total raised so far to £451m and values the company at £1.5bn.

The Oxford university spin-off scored the investment from a range of new and existing investors, including Singapore's GIC, China Construction Bank International, and Australia-headquartered Hostplus. Funds will be used to...

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