Announced
Completed
Financials
Tags
Completed
United States
Acquisition
Private
Biotechnology
Venture Capital
Minority
biotechnology
Friendly
Private Equity
Cross Border
Synopsis
Ontario Teachers' Pension Plan Board and Senator Investment Group led a $120m Series C funding round in Evolved By Nature, a biotechnology company, with participation from Mousse Partners, Chanel, Jeff Vinik, The Kraft Group, Roy Disney and Emerald Development Managers. "We believe there is vast unlocked potential in utilizing silk protein to produce innovative and sustainable products of a high quality that will advance the health of people and the planet. Evolved By Nature has a compelling vision to break through new scientific boundaries to reduce our reliance on problematic chemicals and build better, more sustainable supply chains in the process. We're delighted to partner with them in executing this vision and growing their operations globally," Olivia Steedman, TVG Executive Managing Director.
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