Oxford Nanopore, a spin-out of Oxford University, has secured £35m ($58m) in a fundraising via private placement of ordinary shares. The fundraising was oversubscribed and included both existing and new investors in the US, the UK and the rest of Europe.
Oxford Nanopore’s total funding since its incorporation in 2005 stands at £180m ($300m). It has held 9 rounds, including 5 private equity rounds as well as a series A, B, C and D.
IP Group purchased ordinary shares for…