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Home > News > Funding of Innovative Startups

June 22nd, 2005

Funding of Innovative Startups

Venture capitalists salivate over enormous market opportunities even when they're accompanied by enormous challenges. So it's no wonder that they've recently invested in NanoString's molecule-tagging technology. According to NanoString CEO H. Perry Fell, the company's first market will be gene expression analysis, a billion-dollar business.

NanoString recently announced new funding of $3.8 million; an earlier round of financing, raising $4.3 million, was completed last August. "We're tagging, identifying, and counting individual molecules," says Fell


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