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Population Genetics Technologies, a Cambridge, UK-based startup developing sample-preparation technologies to help researchers use next-generation DNA sequencing in population studies, last week announced that it had raised £3.8 million (approximately $7.5 million) in a Series A round of funding.
The funding follows an initial round of seed financing provided by the Wellcome Trust, whose technology-transfer division gave the company £1.1 million in 2005.

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