Grail Raises $390M In Series D Financing To Advance Blood Cancer Test

Liquid biopsy company Grail raised $390m in a fourth round of financing, bringing the total funding to $1.9bn.

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Liquid biopsy company Grail Inc. announced today it has raised $390m in a series D financing round from new investors Public Sector Pension Investment Board and Canada Pension Plan Investment Board and existing backers – including Illumina Inc. – to advance its cancer-detecting blood test. This brings Grail’s total funding raised to $1.9bn.

This funding comes just weeks after the Menlo Park, CA-based liquid biopsy company announced study results from almost 6,700 participants....

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