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BioNano Genomics Bags $5 Million Venture Capital Debt

Tuesday, July 01, 2014 5:30:00 AM PDT | VentureDeal

   San Diego, California  --  Biotechnology company BioNano Genomics has secured $5 million in venture capital debt investment, according to an SEC regulatory filing.

BioNano has developed a new platform that enables researchers to conduct unique DNA studies in ways that current tools "failed to highlight."

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

BioNano is still seeking $1.1 million in additional debt financing, according to the filing.

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