University venturing fund Oxford Sciences Innovation has added an additional $290m to its assets as spinout Oxford Nanopore attracts another $126m in funding.
Oxford Sciences Innovation (OSI), the university venturing fund of Oxford University, on Friday raised an additional £230m ($290m) from investors including the institution’s endowment fund to bring its total to £580m.
Oxford University Endowment Management participated alongside commercialisation firm IP Group, Wellcome Trust, Woodford Investment Management, Lansdowne and Invesco Asset Management.
Private investors Charles Dunstone and Dennis Hassabis have also taken part in the latest fundraising effort.
Additionally, Temasek and Oman Investment Fund, the respective government venturing…