Tech Company Financing Transactions
Twist Bioscience Funding Round
Twist Bioscience, operating out of San Francisco, secured $20 million from Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
1/19/2016
Transaction Type
Debt
Amount
$20,000,000
Round
Undisclosed
Investors
Silicon Valley Bank (Friel Goldstein)
Proceeds Purpose
Under the terms of the agreement, Twist will be able to draw upon a portion of the loan immediately with the remainder available upon completion of certain business milestones.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
455 Mission Bay Blvd South
San Francisco, CA 94158
USA
San Francisco, CA 94158
USA
Phone
Undisclosed
Website
Email Address
Overview
At Twist Bioscience (Nasdaq: TWST), our expertise is accelerating science and innovation by leveraging the power of scale. We have developed a proprietary semiconductor-based synthetic DNA manufacturing process featuring a 10,000-well silicon platform capable of producing synthetic biology tools, including genes, oligonucleotide pools and variant libraries.
Management Team
Title
Name
Email & Social
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