Koch Disruptive Technologies helped molecular diagnostics system developer Sense Biodetection expand its latest round to $65m while Hilti bought portfolio company Fieldwire for $300m.

Funding

Koch Disruptive Technologies (KDT), the investment arm of industrial and chemicals group Koch Industries, has led a $15m extension to UK-based molecular diagnostics technology developer Sense Biodetection’s series B round yesterday, boosting it to $65m. KDT also led the round’s April 2021 first tranche, investing with venture capital firm Earlybird’s Health Tech Fund and fellow existing backers Cambridge Innovation Capital (CIC), Mercia Asset Management and Jonathan Milner. Sense had previously disclosed $14.2m in funding.

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.