BGI-backed Chinese precision medicine startup Gene+ closes $28m Series B round

BGI-backed Chinese precision medicine startup Gene+ closes $28m Series B round

Next-generation sequencers operate at BGI's five-storey facility in Hong Kong, China, on Monday, Sept. 19, 2011. Photographer: Natasha Khan/Bloomberg

Gene+ Technology, an oncology gene testing and precision medicine startup in China, announced on Monday that it has closed nearly 200 million yuan ($28 million) in a Series B round of financing led by Shenzhen-based private equity firm Co-Stone Asset Management.