$1.7B in Deals and 136 New Funding Events

CipherBio Weekly Digest: Week of Jan 20 – 26 2022

This week life science growth continues and we report a total of $1.7B in deals and 136 new events, including M&A, IPOs and Funds Raised. Additionally, we added 51 new companies and 20 new investors to our CipherBio PRO platform.

$1.7B
Deals

$318.70M
Series A 

136
New Events

Weekly Digest Jan 20-26 2022

 

Featured Top Deals 

Zoi raises $23M in Seed round led by Jean-Claud Marian and Stephane Bancel. In Series A, Cellino raises $80M led by Leaps by Bayer. Metagenomi, a gene-editing company, gets $175M in Series B round led by PFM Health Sciences. Distalmotion receives $90M / Series E led by Revival Healthcare Capital and joined by 415 Capital.

The big news this week UCB Pharma acquires Zogenix for $1.8 billion. Psychedelic-focused drug company Eleusis is merging with Silver Spike Acquisition Corp. II, a special purposes acquisition company, and going to the Nasdaq with a deal of $288 million

 

See Investors Insights ➜
Company Round Amount
Zoi Seed $23M
Cellino Series A $80M
Metagenomi Series B $175M
Distalmotion Series E $90M
UCB Pharma Acquisition $1.8B
Eleusis SPAC $288M

 

Funds Raised

San Francisco-basedBuilders VC raises $250M in Builders Fund II from undisclosed investors and will deploy some of that capital into Canadian startups. eHealth Ventures, a consortium conceived to provide incubation services to promising early-stage healthcare technology companies, raises $30 million in eHV Advanced Fund.

Starfield, food & science technology, raised $100M in Series B round led by Primavera Capital Group, Lightspeed China Partners and Joy Capital. FlipDish raised $100M in Series C led by Tencent. In AgTech MycoWorks raised $125M in Series C to build a new alt-leather factory. WayCool raised $117M in Series D led by LightRock, LightBox, FMO and others.

Lead Investors 

Notable lead investors this week are JM Financials, venBio Partners, Casdin Capital, GV, Lightspeed Ventures, PFM Health Sciences.

JM Financials   Profile PictureProfile PictureProfile Picture

See Investors Insights ➜

 

51 Life Science Companies Added

This week we added 51 new life science companies and 20 new investors to our platform showing unprecedented activity.

21 of 51 Companies
See Companies Insights ➜
Setbone Medical Intellect Leyden Labs
Truentity Health Rx Delivered Now Optina Diagnostics
Ufraction8 dNovo Bio Cytovation
Concentric Analgesics SeqOne Topography Health
XBiotech Hinova Pharmaceuticals Mantra Health
Reimagine Care Veneno Technologies Hospals
Sollis Health Casana Infermedica

 

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