Oxford Immunotec has closed a second Series D round that raised $26 million. The financing was led by New Leaf Venture Partners.
Oxford, which manufactures and markets T cell-based diagnostics, will use the funds to advance its pipeline and continue the commercialization of its T-SPOT T cell measurement technology.
Vijay Lathi, a managing director at NLV Partners, joined Oxford's board of directors in connection with the financing. Others in the round included newcomer Kaiser Permanente Ventures and existing investors Clarus Ventures, Wellington Partners, Kuwait-based National Technology Enterprises Company, SPARK Ventures, DFJ Esprit, Oxford University and The Dow Chemical Company.
- see Oxford's release for more
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