HomeFinTechGenapSys: Raises $70M in Series D Equity Financing

GenapSys: Raises $70M in Series D Equity Financing

GenapSys Raises $70M in Series D Equity Financing

  • GenapSys, a Redwood City, CA-based company developing a scalable electronic sequencing platform, raised $70m in Series D equity financing
  • Backers included Farallon Capital Management, L.L.C., Soleus Capital, an affiliate of PBM Capital, and additional new investors
  • Bob Zollars and a representative of Farallon Capital have been appointed to companies Board of Directors
  • The company intends to use the funds to continue advancing its semiconductor based next-generation sequencing platform
  • The company is a company focused on the advancement of universal access to genomic information by delivering a genomic sequencing ecosystem
  • Bob Zollars brings over 35 years of leadership experience in healthcare technology and services with a proven track record of growth and value creation
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