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Milner founded Abcam in a former Cambridge morgue in 1998 after gaining a doctorate in molecular genetics at Leicester University.

Working as a research fellow at Cambridge University, he identified the market opportunity in supplying high-quality antibodies to support protein interaction studies. Abcam supplies more than 45,000 antibodies that track proteins in the human genome project to 50 laboratories worldwide. It floated on AIM in 2005. Profits rose 58.4% in 2009-10, pushing the shares to record levels. Abcam is worth about £690m and Milner has a £93m stake. Share sales add £12m.

Earnings & Financial Data

Date

Category

Description

Amount

2016

Asset

Series A funding for Healx along with Amadeus Capital Partners (Lead)

$1,425,000

2016

Asset

Seed funding for GeneAdviser (Lead)

$332,500

2016

Asset

Series B funding for Definigen along wiht 5 investors

$1,425,000

2016

Asset

Series A funding for SyndicateRoom along with Unicorn AIM VCT

$2,945,000

2015

Asset

Seed funding for Eagle Genomics along with 2 investors

$295,200,000

2015

Asset

Series A funding for GeoSpock Ltd. along with 3 investors (Lead)

$5,400,000

2015

Asset

Venture funding for Desktop Genetics along with 3 investors

$1,274,000

2015

Asset

Seed funding for PhoreMost along with 4 investors

$3,800,000

2013

Sale of Asset

Venture funding for Horizon Discovery along with 4 investors

$9,800,000

2013

Asset

Series C funding for Horizon Discovery along with 10 investors (Lead)

$4,968,000