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Series C

Sema4 sequences $121m series C
Sema4, spun out of Icahn School of Medicine, has achieved a valuation of more than $1bn following a $121m series C round.
Praxis Precision works out $110m series C1
Co-founded by faculty from Columbia University and University of Melbourne, Praxis Precision Medicines targets CNS disorders.
Topgen ropes in CAS for series C
Chinese Academy of Sciences' Cash Holdings invested with its affiliate fund Guoke Ruihua to aid Shanghai Topgen's biotech development.
Harbour BioMed hoards series C funding
The Zhejiang University Future Capital-backed cancer and inflammatory disease drug developer has now raised more than $260m in under two years.
Bolt latches onto $93.5m series C
Novo, Pfizer and Nan Fung helped provide $93.5m for the Stanford immunotherapy spinout as it advances its lead asset towards the clinic.
Freeline captures $120m series C
Syncona supplied a third of the investment and retains a majority stake in Freeline, which is based on research at UCL.
Everbright tracks down $21.2m
Chinese Academy of Sciences-backed laser-diode chip foundry Everbright Photonics has now raised $63.3m since it was founded in 2012.
Surrozen scurries to $50m series C
Hartford Healthcare returned for a $50m series C round that will support the Stanford spinout in advancing potential treatments for severe liver and inflammatory bowel diseases.

Other News

Zero Mass Water makes a splash with $50m
Material Impact has participated in a series C1 round for Zero Mass Water, the ASU spinout that has created a system to convert air and sunlight to drinking water.
4DMT materialises $75m series C round
4D Molecular Therapeutics secured the return of Berkeley Catalyst Fund for a series C round that follows plans for a $100m IPO announced in September 2019.
HistoSonics beams in $40m
Varian Medical Systems and Johnson & Johnson Innovation – JJDC have returned for the series C-1 round having backed the U-M spinout's series C last year.
Lilium levels up latest round to $275m
TU Munich's air taxi developer has added $35m from Bailie Gifford to a $240m first tranche led by Tencent in March, and is now valued above $1bn.
Idriverplus integrates eight-figure round
Tsinghua-founded autonomous driving software company Idriverplus has secured Hopu-Arm Innovation Fund for its series C1 round.
Exscientia extrapolates $60m series C
Novo has led a $60m series C round for University of Dundee’s Exscientia that also attracted Evotec, Bristol-Myers Squibb, and GT Healthcare Capital.

Editor's Picks

Big deal: Touchstone helps inject $73m into Cell Medica
Touchstone Innovations, which co-founded the cellular immunotherapy developer in 2007, has contributed to another funding round.
Kymeta satellites $50m
Kymeta Corporation, a satellite parts manufacturer, raises $50m series C with backing from consortium including multi-university venture fund Osage University Partners.
UC Santa Barbara spin out raises $30m
University of California, Santa Barbara cloud spin out Eucalyptus Systems raises the funds with backing from BV Capital, the former corporate venturing unit of Germany-based media company Bertelsmann.
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