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New Deal


Announced

Completed

SoftBank Vision Fund 2 led a $150m Series C funding round in Dewpoint Therapeutics.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

Private

Cross Border

oncology

Venture Capital

Biotechnology

healthcare

United States

Friendly

Private Equity

Minority

drug discovery

Single Bidder

Synopsis

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SoftBank Vision Fund 2, a private equity firm, led a $150m Series C funding round in Dewpoint Therapeutics, a biotechnological company, with participation from General Catalyst, Mubadala Capital, 3E Bioventures Capital, Mirae Asset Capital, NS Investment, Bayer, Polaris Partners, Samsara BioCapital, ARCH Venture Partners, EcoR1 Capital, and Maverick Ventures. "We are delighted to have achieved this significant milestone, which allows us to welcome several high-calibre tech and biotech investors to our existing syndicate of innovative life-science investors. This latest financing will further accelerate our goal of developing breakthrough medicines to address a vast array of diseases resulting from dysregulation of biomolecular condensates," Ameet Nathwani, Dewpoint CEO.

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