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Third Wave raises $48mm through private placement

Executive Summary

Third Wave, which develops technologies for DNA and RNA analysis, received $48mm from a private financing. BB Biotech led the round, which also attracted returning investors Wellcome Trust; Schroder Ventures, Burrill Agbio Capital Fund, UK Medical Ventures, Venture Investors of Wisconsin, and Wisconsin Alumni Research Foundation. New investors include Janus Capital, Putnam Investments, American Express, Scudder Funds, INVESCO Funds Group, Tisch Family Interests, Essex, Galleon Investments, CIBC Capital Partners, and Jennison Capital.
Deal Industry
  • In Vitro Diagnostics
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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