Dna Script Raises $165M In Oversubscribed Series C Financing To Accelerate Commercialization Of Enzymatic Dna Printing Platform
Dna Script Raises $165M In Oversubscribed Series C Financing To Accelerate Commercialization Of Enzymatic Dna Printing Platform
10/26/21, 9:00 AM
Location
san franciscoMoney raised
$165 million
Round Type
series c
DNA Script, a pioneer in Enzymatic DNA Synthesis (EDS) and DNA printing on demand, today announced it has raised $165 million in a Series C financing led by Coatue Management and Catalio Capital Management, whose representatives have joined as Board observers. New investors Fidelity Management and Research, Columbia Threadneedle Investments, Arrowmark Partners, Farallon Capital and Moore Strategic Ventures joined the round. Existing investors Casdin Capital, LSP, Illumina Ventures, Bpifrance Large Venture Fund, Danaher Life Sciences, Agilent Technologies, M Ventures, Kurma Partners and Alexandria Venture Investments also participated in the round, bringing the total amount raised to date by the company to $280 million. The new funds will be used to accelerate expansion and commercialization of the company’s revolutionary SYNTAX Platform and broaden the portfolio of products powered by EDS.
Company Info
Location
san francisco, california, united states
Additional Info
Founded in 2014, DNA Script is a pioneering life sciences technology company developing a new, faster, more powerful and versatile way to design and manufacture nucleic acids. The company has developed an alternative to traditional DNA synthesis called Enzymatic DNA Synthesis, or EDS, allowing this technology to be accessible to labs with the first benchtop enzymatic synthesis instrument, the SYNTAX System. By putting DNA synthesis back in the lab, DNA Script aims to transform life sciences research through innovative technology that gives researchers unprecedented control and autonomy. www.dnascript.com.