12:00 AM
Oct 13, 2014
 |  BioCentury  |  Finance

Sovereign data

Kuwait Investment Authority tops up NantHealth series B with additional $250M

Now that investors have injected almost half a billion dollars into NantHealth, one question is whether the subsidiary of NantWorks LLC can ever reach a valuation that justifies its war chest.

This month, NantHealth announced that it raised $250 million from the Kuwait Investment Authority (KIA) in the final close of its series B, bringing the total raised in the round to $320 million.

KIA is the world's largest sovereign wealth fund, but is not the only...

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