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Oxford Nanopore Eyes IPO

18 Jul

Summary

Oxford Nanopore has hired banks for its IPO.
IP Group is a UK-based investor in deep tech.
IP Group's portfolio includes Oxford Nanopore.

Oxford Nanopore is advancing its plans for an initial public offering (IPO). The company has engaged financial institutions to guide the process, marking a significant development in its corporate strategy.

This progression by Oxford Nanopore offers a potential uplift for London's ambition to become a prominent hub for technology firms. The company is supported by IP Group, a United Kingdom-based investor specializing in early-stage science ventures.

IP Group focuses on deep technology, life sciences, and clean technology, backing innovations from universities and research institutions. Oxford Nanopore Technologies plc is among its notable portfolio companies, alongside others such as First Light Fusion and Hysata.

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