Venture Capital
- Atlas Data Storage, a DNA data storage company spun out of Twist Biosciences (Nasdaq: TWST), raised $155m in seed funding from ARCH Venture Partners, Deerfield Management, Bezos Expeditions, Tao Capital Partners, Rsquared VC, Earth Foundry, and In-Q-Tel. axios.link/4jHAL2j
- NewLimit, a longevity pharma startup, raised $130m in Series B funding at an $810m valuation led by Kleiner Perkins. Khosla Ventures, Human Capital, and Valor Equity Partners participated. Go deeper
- Haya Therapeutics, a Swiss precision medicines startup focused on the dark genome, raised $65m in Series A funding. Sofinnova Partners and Earlybird Venture Capital co-led, joined by Eli Lilly, Athos, +ND Capital, Alexandria Venture Investments, LifeLink Ventures, Apollo Health Ventures, Longview Ventures, 4see ventures, Bernina Bioinvest, and Schroders Capital. Go deeper
- Tobin Scientific, a Beverly, Mass.-based provider of biopharma logistics, raised $65m from Denali Growth Partners and Truck 9 Partners. tobinscientific.com
- Nuevocor, a Singaporean gene therapy biotech focused on cardiomyopathy, raised $45m in Series B funding. Kurma Partners and Angelini Ventures co-led, joined by EDBI, ClavystBio, Boehringer Ingelheim Venture Fund, Highlight Capital, and SEEDS Capital. axios.link/4d54tf2
- PAQ Therapeutics, a Burling, Mass.-based drug developer, raised $39m in Series B from Merck, Johnson & Johnson, Bayland Capital, LAV Fund, BioTrack Capital and Sherpa Healthcare Partners. Go deeper
- Inductive Bio, an AI-driven drug discovery startup, raised $25m in Series A funding. Obvious Ventures led, joined by a16z, Lux Capital, S32, Character, and Amino Collective. inductive.bio
- Trailhead Biosystems, a Beachwood, Ohio-based drug discovery company, raised $20m led by MAK Capital. Go deeper
- QbDVision, an Austin, Texas-based drug development and manufacturing startup, raised $13m in Series A funding led by Northpond Ventures and S3 Ventures. Go deeper
- Paradigm Therapeutics, a Mount Pleasant, S.C.-based rare disease biopharma company, raised $12.5m from Eshelman Ventures. Go deeper
Private Equity
- Astorg agreed to acquire Solabia Group, a French developer of active ingredients for pharma and cosmetics, from TA Associates. axios.link/4m1J3TY
- Denali Growth Partners and Truck 9 Partners invested $65m in Tobin Scientific, a life sciences storage and logistics provider. Go deeper
M&A
- Faircraft, a French biotech, acquired assets from VitroLabs, a California lab-grown leather developer. Go deeper
Fundraising
- Vivo Capital, a Palo Alto, Calif., health care and life sciences VC firm, raised $740m for the Vivo Opportunity Fund. Go deeper
Odds & Ends
- Synthego, a gene editing business, has filed for bankruptcy and plans to sell itself to an affiliate of Perceptive Advisors, one of its lenders. It's raised $392m from investors including SoftBank and Founders Fund. Go deeper
Personnel
- Mark Solakian and Jake Gatof joined law firm Orrick as partners focused on life sciences VC and tech VC, respectively. Both were previously with Wilson Sonsini. orrick.com
