This article has been updated to clarify that Marathon Venture Partners was the lead investor in this round.

NEW YORK (GenomeWeb) – Chinese third-generation sequencing provider Grandomics Biosciences said it has raised almost RMB 100 million ($15.1 million) in a Series B financing round.

Marathon Venture Partners was the lead investor in the round, with additional participation from Beijing Changping Technology Innodevelop Group and Matrix Partners China. Hao Yue Capital served as an independent financial consultant.

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