INFOGRAPHIC: DNA of Nabsys Financial and Political Relationships

GoLocalProv Business Team

INFOGRAPHIC: DNA of Nabsys Financial and Political Relationships

The relationships between Nabsys, the now closed venture capital backed Genome mapping startup, and some of the most influential in Rhode Island is as complex as the science the company was trying to create.

GoLocalProv has developed an INFORGRAPHIC to present the players, financial relationships and more than $40 million in private and public dollars invested in the company.  The company has direct ties to Governor Gina Raimondo's venture capital firm, Point Judith Capital,  that had invested millions in the Nabsys and she served on the Board for a number of years. Additionally, Rhode Island taxpayers will be impacted adversely as the Slater Fund invested nearly $1 million of taxpayer dollars and RI and Providence pension funds have invested millions in Raimondo's venture fund which stands to lose millions with Nabsys' closing.

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