Genome Mapping Firm BioNano Raises $53M in Series C Round | GenomeWeb

NEW YORK(GenomeWeb) – Genomic mapping firm BioNano Genomics today announced it completed a Series C financing round that raised $53 million. 

The funds will be used to increase the installed base of the company's Irys platform and to develop next-generation platforms and technologies. Legend Capital and Novartis Venture Fund co-led the round. New investors in the round included Federated Kaufmann Fund and Monashee Investment Management. Existing investors Domain Associates, Battelle Ventures, and Gund Investment also participated in the round. 

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