In February last year, NABsys raised $7m in its B round, following $4m at launch in 2009, and Stata said: "NABsys represents the merger of two industries which, until now, have been quite disparate: semiconductors and genomics.

NABsys, a US-based gene-sequencing company, has raised $10m in its series C round led by return investor Stata Venture Partners, the venture capital firm founded by chip maker Analog Devices co-founder and chairman Ray Stata.

In February last year, NABsys raised $7m in its B round, following $4m at launch in 2009, and Stata said: "NABsys represents the merger of two industries which, until now, have been quite disparate: semiconductors and genomics.

"I’m looking forward to working with the…

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