Samsung Elec invests $175 million to become top shareholder in Element Biosciences (opens in new tab)

Privately held Element Biosciences said on Tuesday it had raised funds, including $175 million from longtime investor ​Samsung Electronics (005930.KS), opens new tab, to expand commercialisation of its genetic testing and research ‌products. The San Diego-based company did not disclose the total size of the upsized Series E funding round, or its valuation. It ... The post appeared first on .