Singapore’s Temasek backs DNA sequencing firm Oxford Nanopore’s $271m funding

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Singapore state investor Temasek has backed the £195 million ($271 million) funding round in Nanopore Technologies, a UK-headquartered DNA sequencing firm that plans to go public later this year, according to an announcement.

Nanopore, which has been valued at about $3.44 billion after the funding round, announced that new investors Temasek, Wellington Management, M&G Investments, and Nikon have invested a combined £125 million into the life sciences company while existing investors poured in £70 million.

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