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New Deal


Announced

Completed

Jeito Capital, EcoR1 Capital and Syncona led a $110m Series A round in Neogene Therapeutics.

Financials

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Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Netherlands

Cross Border

Friendly

Biotechnology

Private Equity

Completed

Acquisition

Single Bidder

Private

biotechnology company

Venture Capital

Synopsis

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Investment companies Jeito Capital, EcoR1 Capital and Syncona led a $110m Series A round in Neogene Therapeutics, a pre-clinical stage biotechnology company, with support from Neogene’s strategic seed investors Vida Ventures, TPG and Two River. "We are extremely pleased to have made our first investment according to plan and in such a high-quality company. Neogene’s approach perfectly aligns with Jeito’s mission to support new and established entrepreneurs aspiring to help patients in need by pioneering novel, ground-breaking medicines that rethink traditional approaches. With the depth of experience of Neogene’s leadership team, the quality of its science, and its strong new and existing investor base we believe that Neogene has significant potential to transform cancer treatment for patients around the world," Rafaèle Tordjman, Jeito Founder and CEO.

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