M&G makes £35m investment in Oxford Nanopore Technologies
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Part of £5bn sustainable private assets mandate
Oxford Nanopore makes products such as DNA sequencers
M&G has invested £35m in University of Oxford spin-out Oxford Nanopore Technologies, as part of a private transaction totalling £195m.
The asset manager announced that the investment has been made by its newly-formed 25-strong Catalyst team, which has a mandate to invest up to £5bn into privately-owned innovative enterprises "working to create a more sustainable world".