Announced
Completed
Financials
Tags
Completed
Biotechnology
biotechnology
United States
Private
Cross Border
Acquisition
Venture Capital
Single Bidder
Private Equity
Minority
Friendly
Synopsis
USIT, an investment firm, led a $150m Series B round in Colossal Biosciences, the world’s first de-extinction company, with participation from Breyer Capital, WestRiver Group, Bob Nelsen, Animal Capital, Victor Vescovo, In-Q-Tel, Animoca Brands, Peak 6, BOLD Capital, and Jazz Ventures. "Dr. George Church and Colossal’s deep work in genomics is creating some of the most cutting-edge advancements in biotech. Their innovative technology has important applications for scientific discoveries, including biomedicine, and we look forward to supporting this crucial work," Thomas Tull, USIT Chairman.
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