Novo Holdings Leads $50M Growth Investment in MedGenome
August 30, 2022
Novo Holdings led a $50 million minority investment in MedGenome alongside existing investors LeapFrog Investments and Sofina. The capital will support MedGenome’s expansion beyond South Asia into Africa and the Middle East and broaden access to its genomic testing, bioinformatics and research services.
- Buyers
- Novo Holdings A/S, LeapFrog Investments, Sofina
- Targets
- MedGenome
- Industry
- Biotechnology
- Location
- Karnataka, India
- Transaction Type
- Growth capital
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