Oxford Nanopore Technologies

company

About

Oxford Nanopore Technologies develops nanopore-based electronic systems for analyzing single molecules, including DNA, RNA, and proteins.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
£31.40M
Industries
Biopharma,Biotechnology,Genetics,Health Diagnostics,Nanotechnology
Founded date
Jan 1, 2005
Number Of Employee
251 - 500
Operating Status
Active
Stock Symbol
lse:ONT.L
Legal Name
Oxford Nanopore Technologies Ltd

Oxford Nanopore Technologies aims to disrupt the paradigm of biological analysis by making high performance, novel DNA/RNA sequencing technology that is accessible and easy to use.

Their novel, electronics-based DNA/RNA sequencing technology is being used in more than 80 countries, for a range of biological research applications. These include large scale human genomics, cancer research, microbiology, plant science, and environmental research.

Nanopore sequencing is also being explored beyond research, where it has the potential to provide rapid, meaningful information in the fields of healthcare, agriculture, food and water surveillance, and education.

Oxford Nanopore’s proprietary technology is fully scalable for any requirement. Small formats such as Flongle address the need for on-demand, rapid, smaller tests or experiments, and can be used in labs or in the field. The pocket-sized MinION is a powerful and portable sequencing device that can deliver high volumes of long-read sequence data. The benchtop GridION X5 can run up to five MinION Flow Cells at a time, on-demand, for larger genomics projects. The recently launched PromethION is the largest format for nanopore sequencing, designed to offer on-demand use of up to 48 Flow Cells – each of which can offer more than 100Gb of sequencing data.

Focusing on ease of use, nanopore sequencing offers easy and rapid preparation, including a ten-minute library preparation kit and the automated, programmable VolTRAX.

Supported by a broad patent portfolio, the Oxford Nanopore pipeline includes multiple generations of nanopore-based sensing technologies, including those based on both biological and solid-state nanopores.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
19
£1.32B
Oxford Nanopore Technologies has raised a total of £1.32B in funding over 2 rounds. Their latest funding was raised on Sep 30, 2021 from a IPO round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 30, 2021 IPO £330.10M Detail
May 4, 2021 Series Unknown £195M 5 M&G Investments Detail
Oct 13, 2020 Series H £84.40M 3 International Holding Company Detail
May 26, 2020 Series Unknown £48.40M Detail
Jan 4, 2020 Secondary Market £109.50M Detail

Investors

Number of Lead Investors
Number of Investors
9
20
Oxford Nanopore Technologies is funded by 20 investors. M&G Investments and International Holding Company are the most recent investors.
Investor Name Lead Investor Funding Round
M&G Investments Yes Series Unknown
International Holding Company Yes Series H
Amgen Yes Series Unknown
GT Healthcare Capital Partners Yes Series Unknown
IP Group Series Unknown
Nikon Series Unknown
Temasek Holdings Series Unknown
Wellington Management Series Unknown
Casdin Capital Series H
RPMI Railpen Series H

Employee Profiles

Number of Employee Profiles
21
Oxford Nanopore Technologies has 21 current employee profiles, including Executive Peter Allen
Executive
Advisor
Executive
Advisor
Executive