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BridgeBio raises $299.2mm in late-stage round

Executive Summary

BridgeBio Pharma raised $299.2mm through a late-stage venture round co-led by existing investors KKR and Viking Global Investors. Returning backers Perceptive Advisors, AIG, Aisling Capital, Cormorant Capital, and Hercules Capital also participated, along with first-time buyers Sequoia Capital and an undisclosed blue-chip long-term investor. BridgeBio is developing treatments for rare genetic diseases and will use the proceeds to support activities related to its pipeline of over 15 candidates in the areas of dermatology, oncology, cardiology, neurology, endocrinology, renal disease, and ophthalmology.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
    • Gene Therapy, Cell Therapy
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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