Guangzhou Kingmed has led a $31m series C round for genome sequencing company Yikon Genomics, which was spun out of Harvard University five years ago.
Yikon Genomics, a China-based single-cell sequencing spinout of Harvard University, attracted $31m in a series C round on Monday led by medical laboratory company Guangzhou Kingmed, according to DealStreetAsia.
Yuexiu Industrial Fund, an investment subsidiary of conglomerate Yuexiu, also backed the round, as did an unnamed fund co-founded by conglomerate Wuhan Zhongyuan Huadian Science & Technology and Bocom International, a subsidiary of financial services firm Bank of Communications.
Founded in 2012, Yikon Genomics provides single-cell sequencing technology aimed at…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
