(Sharecast News) - Oxford Nanopore has raised £195m in new cash ahead of its planned stock market float expected later this year, the company's investor IP Group said.
Singapore state investor Temasek, Wellington Management, M&G Investments and Nikon have made new investments worth a combined £125m into the life sciences company with existing investors contributing another £70m.
IP Group said its 14.5% stake in Oxford Nanopore is now worth £359m.
Ip Group (IPO)9 May 2024 13:53
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