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New Deal


Announced

Completed

ARCH Venture led a $167m Series C funding round in Nutcracker Therapeutics.

Financials

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Transaction Value£128m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Completed

Minority

Friendly

biotech

United States

Biotechnology

Private

Single Bidder

Venture Capital

Private Equity

Synopsis

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ARCH Venture, an early stage venture capital, led a $167m Series C funding round in Nutcracker Therapeutics, a biotech company developing RNA therapeutics using its proprietary biochip-based manufacturing platform. “With this significant milestone and the support of our top-flight investors and partners, we are well-positioned to begin the next phase of Nutcracker’s evolution: accelerating RNA therapeutics development within the company and beyond using our unique ‘GMP-in-a-box’ platform, and meet the rising demand for RNA therapies and their efficient, scalable manufacturing," Igor Khandros, Nutcracker Therapeutics Co-Founder and CEO.

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