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....