Samsung becomes largest shareholder in Element Biosciences with US$175 mln investment

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Source: South Korea
Published: 2026-06-10 09:48 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Business & Economy, Technology
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Snippet:
SEOUL, June 10 (Yonhap) -- Samsung Electronics Co. said Wednesday it has invested US$175 million in an expanded Series E funding round for U.S.-based genomics technology company Element Biosciences, becoming the company's largest shareholder.
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