Singaporean biotechnology startup MiRXES Pte raised US$77 million ($104.1 million) from investors led by CR-CP Life Science Fund to deliver early detection tests for cancer and other diseases.

Other backers in the Series C funding round include Rock Springs Capital, EDBI, CCB International Holdings Ltd. and Keytone Ventures, the company said in a statement. The round, which brings the total amount of money raised to date to US$120 million, values the seven-year-old startup at US$500 million, according to a person with knowledge of the matter who asked not to be identified.

MiRXES will use the fresh capital to expedite plans to deliver non-invasive screening tests for early detection of six major cancers, and to expand its RNA technology for cardiovascular, metabolic and infectious diseases research and diagnostics globally.

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