Malaysia’s Xeraya Capital joins $120m round for US-based Rapid Micro Biosystems

Malaysia’s Xeraya Capital joins $120m round for US-based Rapid Micro Biosystems

Photo: National Cancer Institute/Unsplash

Malaysia-based private equity firm and return backer Xeraya Capital has joined the $120-million investment round for US-headquartered Rapid Micro Biosystems Inc, a provider of rapid microbial detection technology for biopharma manufacturing.