NemaMetrix clinches $5m

Mar 8, 2019 • Callum Cyrus

Oregon Venture Fund and Rogue Venture Partners have both backed University of Oregon's DNA testing services provider NemaMetrix to bring the spinout’s total to $8.5m.

NemaMetrix, a US-based DNA testing services spinout of University of Oregon, has secured $5m in a round led by VC fund Oregon Venture Fund with participation from Rogue Venture Partners, Portland Business Journal reported yesterday.
A regulatory filing dated February 2018 indicates the round has raised $5.2m of its $6.6m target.
Founded in 2011, NemaMetrix offers a DNA testing service whereby genetic material is inserted into a species of worm, C.elegans, used as a human proxy for pre-clinical…

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