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New Deal


Announced

Completed

D1 Capital Partners and Eventide Asset Management led a $100m Series B funding round in LEXEO Therapeutics.

Financials

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Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Minority

Biotechnology

Cross Border

Private

United States

Single Bidder

gene therapy company

Completed

Private Equity

Acquisition

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Synopsis

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D1 Capital Partners, an investment firm, and Eventide Asset Management, an investment adviser, led a $100m Series B funding round in LEXEO Therapeutics, a clinical-stage gene therapy company. Additional investors included CAM Capital, Verition Fund Management, Laurion Capital Management, Gray’s Creek Capital Partners. Existing investors Longitude Capital, Omega Funds, Lundbeckfonden Ventures, PBM Capital, Janus Henderson Investors, Woodline Partners, Invus Capital, and Alexandria Venture Investments also joined the round. “As we embark on our next phase of growth, we are highly encouraged by the support of this diverse range of long-term focused investors participating in our Series B financing,” Nolan Townsend, LEXEO Therapeutics CEO.

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