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Home » Business, Policy & Funding » Business News » Single Technologies Raises $1.6M to Develop NGS Platform

Single Technologies Raises $1.6M to Develop NGS Platform

Jan 15, 2020
|
staff reporter

NEW YORK – Single Technologies today announced it has raised SEK15 million ($1.6 million) to support further development of its next-generation sequencing platform.

Stockholm-based Single Technologies raised the funding via a convertible bond issue. JovB Holding, a Swedish investment firm, acted as the lead investor. The company said it will use the proceeds to support development of its products.

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