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Illumina accelerator grads get boost with new fund investment

2015-02-27 20:05:14| Biotech - Topix.net

Graduates of Illumina Inc.'s life sciences technology accelerator in Mission Bay could pocket $1 million to $5 million in matching capital, thanks in part to a $40 million injection into a fund by a deep-pocketed investment firm. Viking Global Investors pumped the cash into Illumina Accelerator Boost Capital, a new fund set up by Illumina to make the investments in genomic startups that graduate from the less-than-year-old accelerator.

Tags: investment fund boost accelerator

Category:Biotechnology and Pharmaceuticals

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