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New Deal


Announced

Completed

Mubadala Investment and The Column Group led a $236m Series D funding round in Kallyope.

Financials

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Transaction Value£174m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Completed

Private

Minority

Friendly

Biotechnology

Venture Capital

Acquisition

United States

biotechnology company

Domestic

Synopsis

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Mubadala Investment, a sovereign investor, and The Column Group, a science-driven venture capital firm, led a $236m Series D funding round in Kallyope, an operator of a biotechnology company, with participation from Alexandria Venture Investments, Bill Gates, Casdin Capital, Euclidean Capital, Illumina Ventures, Lux Capital, Polaris Partners, Two Sigma Ventures, StepStone Group, DNS Capital, Hartford Healthcare Endowment, Parkwood and Tao Capital. “Since our inception six years ago, Kallyope has pioneered research on the gut-brain axis and developed a transformational drug discovery platform with speed and ingenuity. We are now positioned at the forefront of this space. We are pleased with the support of an outstanding group of investors who represent a strong vote of confidence in our science and our team," Jay Galeota, Kallyope President and CEO.

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