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NEW YORK – Qlucore said Wednesday that it has closed a private placement worth SEK 30 million ($3.5 million). Eiffel Investment Group led the round, with participation from other, unspecified "long-term strategic institutional and private investors," according to the Swedish bioinformatics technology developer.

Investors purchased 71,400 shares in this unnamed round at a price of SEK 420 per share, Qlucore said. That brings the total number of shares to 263,271, valuing the company at nearly SEK 110.6 million.

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