Unicorn Nest news
YourBio Health Raises $21M in Funding
– YourBio Health from Boston develops a personal health information company, raised $21M in funding.
– Series A round was led by Flagship Pioneering with participation from Newpath Partners.
– The company intends to use the funds to accelerate growth and support forthcoming product launches.
Unicorn Nest news
Laronde Raises $440M in Series B Financing
– Laronde is a Cambridge, Mass.-based company advancing Endless RNA™ (eRNA) – a novel, engineered form of RNA that can be programmed to express therapeutic proteins inside the body.
– The company raised $440m in Series B financing.
– The round was led by Flagship Pioneering, with participation from T. Rowe Price Associates, Inc., Invus, Canada Pension Plan Investment Board (CPP Investments), Fidelity Management & Research Company, funds and accounts managed by BlackRock, and Federated Hermes Kaufmann Funds, among others.
– The new investment will be used to advance the development of the company’s eRNA platform and a broad pipeline of programs across a number of therapeutic categories.
Unicorn Nest news
Ring Therapeutics Raises $117M in Series B Funding
– Ring Therapeutics is a Cambridge, Mass.-based life sciences company.
– The company raised $117m in Series B funding.
– Backers included Invus, Altitude Life Science Ventures, Partners Investment, UPMC Enterprises, alongside Flagship Pioneering.
– The new investment will be used for the continued development and expansion of its novel vector Anellogy™ platform.
Unicorn Nest news
Invaio Sciences Raises $88.9 Million to Accelerate the Transition to Biological Agriculture
– Invaio Sciences, Inc. announced the closing of a Series C financing round totaling $88.9 million.
– The round was led by Flagship Pioneering with Stage 1 Ventures, Bluwave Capital, Alexandria Venture Investments, and others joining as new investors.
– With this financing, Invaio has raised more than $142 million since its founding in 2018.
– Invaio is focused on unlocking the potential of the planet’s interdependent natural systems to solve pressing agriculture, nutrition and environmental challenges.
Unicorn Nest news
Inari Raises $208M in Series D Funding
– Inari, a Cambridge, Mass.-based developer of a platform to enable yield increase, raised $208m in Series D funding.
– The round was co-led by Flagship Pioneering with participation from Alexandria Venture Investments, Investment Corporation of Dubai, Banque Pictet on behalf of their clients and Rivas Capital and new investors G Squared and Pavilion Capital.
– The company intends to use the funds to further accelerate advancements across its science platform and product development for corn and soybeans in both North and South America.
– Founded by Flagship Pioneering in 2016, Inari is based in Cambridge, Massachusetts, with additional sites in West Lafayette, Indiana, and Ghent, Belgium.
Unicorn Nest news
Could Valo Health become one of Flagship Pioneering’s biggest companies yet?
– Valo, a cancer immunotherapy company, raised $110m in Series B funding.
– The round was led by Koch Disruptive Industries and joined by existing investors Flagship Pioneering, Third Rock Ventures, and others.
– It brings Valo to a valuation of $1.5 billion.