Oracle has signed up to be a cornerstone investor for Oxford Nanopore’s initial public offering, putting up half of the $410m target.

Oxford Nanopore, the UK-based DNA sequencing technology spinout of University of Oxford, has secured software producer Oracle as a cornerstone investor for its initial public offering on the London Stock Exchange.
Oracle will invest £150m ($205m), halfway to Oxford Nanopore’s target of $410m.
The two companies have also entered into a partnership to explore potential applications for genomic sequencing running on Oracle’s cloud. They expect to tackle large-scale projects spanning drug discovery, healthcare, epidemiology and whole-genome sequencing.
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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
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