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Samsung Electronics invests $175 million in Element Biosciences' Series E funding round
Samsung Electronics invests $175 million in Element Biosciences' Series E funding round June 9 : Privately held Element Biosciences said on Tuesday it had raised funds in an upsized Series E round, including $175 million from longtime investor Samsung Electronics, to expand commercialization of its genetic testing and research products. The San Diego-based company did not disclose the total size of the round or its valuation. It also did not name the other investors.