Tech Company Financing Transactions
ElevateBio Funding Round
ElevateBio, operating out of Cambridge, received $401 million from Matrix Capital Management, EcoR1 Capital Management and Edbi.
Transaction Overview
Company Name
Announced On
5/24/2023
Transaction Type
Venture Equity
Amount
$401,000,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the funds to further advance its technology platforms Life Edit and BaseCamp.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
139 Main St. 500
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Overview
ElevateBio is creating and operating a portfolio of cell and gene therapy companies through partnerships with the world's most innovative scientists and inventors. Together, we leverage our internal bench-to-bedside expertise and to accelerate the development and delivery of therapies -- supported by our broad access to capital.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC transactions reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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