Cambridge Epigenetix raises $21m series-B
Cambridge Epigenetix (CEGX), which develops epigenetic sequencing technology, has raised a $21m series-B led by GV, formerly known as Google Ventures.
Other participants were Sequoia Capital and previous backers New Science Ventures, Syncona Partners and Cambridge University.
Following the capital injection, GV general partner Tom Hulme will join CEGX's board of directors. The company also appointed a new CEO, Geoff Smith. He joins from Illumina, a company that does research on DNA, where he was vice-president of product development.
Company
CEGX is a life sciences company spun out from the University of Cambridge in 2012. It is focused on developing methods and technologies in the fields of epigenetics and personalised medicine.
People
CEGX – Geoff Smith (CEO).
GV – Tom Hulme (general partner).
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