NEW YORK (GenomeWeb) – Singapore-based cancer detection firm Ark said today that it has raised $40 million in a Series A investment led by shareholders of Venturecraft and backed by Gaorong Capital (formerly Banyan Capital).

The company is the result of a merger between Venturecraft and MiRxes, a technology firm that was spun out of Singapore's Agency for Science, Technology and Research (A*STAR) in 2014.

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