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Variagenics raises $19mm in private placement

Executive Summary

Variagenics (pharmacogenomics) raised $19mm in a private placement led by The Sprout Group. Existing investors Atlas Venture, Oxford Bioscience Partners, Forward Ventures, Kummell Investments, Goldman Sachs, and Advent International also participated along with new investor AM Pappas. The Sprout Group's Philippe Chambon will join the company's board.
Deal Industry
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Pharmacogenetics-Pharmacogenomics
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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