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NanoString's Series D round brings in $20mm

Executive Summary

Molecular diagnostics company NanoString Technologies Inc. raised $20mm through its Series D round. New investors GE Healthymagination Fund (managed by GE Healthcare and GE Capital), BioMed Ventures, and former Genzyme CEO Henri Termeer were joined by returning backers Clarus Ventures, Draper Fisher Jurvetson, and OVP Venture Partners. Some of the proceeds will be used to advance development of NanoString's first molecular test, a PAM50 gene expression assay for breast cancer.
Deal Industry
  • Biotechnology
    • Nanotechnology, Chips, etc.
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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