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Genome engineering company Synthego raises $110mm in Series C round

Executive Summary

Synthego Corp. (genome engineering) raised $110mm in its Series C financing round led by Founders Fund along with returning backers 8VC and Menlo Ventures. The company's latest product line provides one-click access to engineered cells with guaranteed edits in desired targets. To date, Synthego has raised $160mm, with the current round proceeds to be used to accelerate CRISPR capabilities for rapid and precise genome engineering in cell and gene therapies. More specifically, the company will double down on its engineered cells and CRISPRevolution products, expand further into Europe and Asia, and continue extending its full stack genome engineering platform. Along with the funding, cell therapy pioneer Dr. Matthew Porteus joins the advisory board.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Bioinformatics
      • Genomics-Proteomics
    • Gene Therapy, Cell Therapy
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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