Genologics quietly adds $5 Million in VC Funds

genologicsVictoria’s Genologics quietly completed their 3rd round round of financing late last month adding another $5 Million which will be applied towards ongoing expansion plans.

This latest round of financing was led by OVP Venture Partners of Seattle with support from Yaletown Venture Partners and Growthworks Capital of Vancouver. Since 2005, the privately-held GenoLogics has attracted more than $17.5 Million in investment from leading venture capital funds and strategic partners.

GenoLogics also benefits from the involvement of several of North America’s most accomplished life science and technology executives as angel investors including Tech veteran Don Listwin.

Not bad for a startup that came 2nd in the 2003 New Ventures BC competition.