SUBSCRIBERS

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

Published Tue, Mar 20, 2018 · 09:50 PM

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.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here