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Announced

Completed

Flagship Pioneering led a $126m Series C round in Omega Therapeutics.

Financials

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Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Completed

Biotechnology

Venture Capital

United States

Private Equity

Friendly

biotechnology company

Private

Acquisition

Single Bidder

Cross Border

Synopsis

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Flagship Pioneering led a $126m Series C round in Omega Therapeutics, a development-stage biotechnology company, with participation from Invus, Fidelity Management & Research Company, BlackRock, Cowen, Point72, Logos Capital and Mirae Asset Capital. "We are grateful to our new and existing investors for the commitment to our bold vision of creating the industry's first fully programmable epigenetic medicines," Mahesh Karande, Omega Therapeutics President and CEO.

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