The chemical analysis device developer has added $20m to an initial public offering following $70m in funding from investors including Utec.

908 Devices, the US-based mass spectrometer provider backed by University of Tokyo Edge Capital (Utec), has closed its initial public offering at approximately $150m. The company issued 6.5 million shares priced at $20.00 each to raise an initial $130m earlier this month. Its shares opened at $45.51 on their first day of trading and opened…

The rest of this content is only accessible to Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.