Neil Woodford. Woodford Investment Management via YouTube

Of­fer­ing much need­ed re­lief for Wood­ford-as­so­ci­at­ed funds, se­quenc­ing uni­corn Ox­ford Nanopore rais­es $105.9M in new cash

In­vestors in Ox­ford Nanopore Tech­nolo­gies — in­clud­ing Neil Wood­ford’s for­mer fund — has man­aged to re­coup some cash as the gene se­quenc­ing de­vice mak­er clos­es its lat­est round and, in the process, boosts its uni­corn val­u­a­tion.

The com­pa­ny said it’s brought in $38.6 mil­lion (£29.3 mil­lion) in new cap­i­tal and helped some back­ers find new firms to take their stake, lead­ing to a sec­ondary sale to­tal­ing $105.9 mil­lion (£80.2 mil­lion). All told, the $144.5 mil­lion (£109.5 mil­lion) fi­nanc­ing upped its val­u­a­tion to over $2 bil­lion, the Times re­port­ed.

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