US-based startup BioNano raises $10m to continue commercialisation of gene sequencing technology.

BioNano Genomics, a San Diego-based startup commercialising genetic technology licensing from Princeton University, has raised $10m in venture backing.

Existing backers venture firms Domain Associates, Battelle Ventures, and Gund Investment, the investment company of sports team owner Gordon Gund, all participated in the round. All three backed a round of the same size in 2012, with Domain and Battelle joining peer KT Venture Group in 2011 for a $23.3m round.

In total, BioNano has raised $43.3m in venture backing, according…

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