(Bloomberg) -- Quantum Biosystems Inc., an Osaka-based company developing a faster genome sequencer, raised 2.4 billion yen ($20.5 million) in venture-capital funding from firms including Jafco Co., people with knowledge of the matter said.
The investors also include state-backed Innovation Network Corp. of Japan, Mizuho Capital Co., University of Tokyo Edge Capital Co. and Mitsubishi UFJ Capital Co., the people said, asking not to be identified before a public announcement.
Quantum is developing so-called fourth-generation sequencing equipment to compete with existing offerings from Roche Holding AG and Illumina Inc.
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The investors also include state-backed Innovation Network Corp. of Japan, Mizuho Capital Co., University of Tokyo Edge Capital Co. and Mitsubishi UFJ Capital Co., the people said, asking not to be identified before a public announcement.
Quantum is developing so-called fourth-generation sequencing equipment to compete with existing offerings from Roche Holding AG and Illumina Inc.
Help employers find you! Check out all the jobs and post your resume.
