GIC buys into UK-based firm behind portable DNA sequencing device
The development by Oxford Nanopore Technologies is drawing investors via a £100 million capital raising
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Singapore
SINGAPORE sovereign wealth fund GIC has invested in Oxford Nanopore Technologies (ONT), a UK-based company that has developed the world's only pocket-sized, portable DNA sequencing device.
Other key investors in the £100 million (S$184 million) capital-raising exercise include China Construction Bank International, Australian hospitality industry pension fund HostPlus, and Oxford Nanopore's existing investors, said GIC in a media release on Tuesday.
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