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Late-stage round brings £100mm to Oxford Nanopore

Executive Summary

Oxford Nanopore Technologies Ltd. (developer of the MinION, the only portable real-time DNA/RNA sequencer) raised £100mm ($140mm) in a late-stage financing round from GIC, China Construction Bank International, Hostplus, and returning shareholders. The company will use the proceeds for commercial expansion including establishment of a new state-of-the-art manufacturing facility and to build its sales team.
Deal Industry
  • Research, Analytical Equipment & Supplies
  • Biotechnology
    • Nanotechnology, Chips, etc.
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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