Dallas, Texas-based Colossal Biosciences secured $150M funding to advance its genetic engineering software and hardware solutions, and pursue the de-extinction of the Dodo bird.

 

Dallas, Texas-based Colossal Biosciences secured $150M funding to advance its genetic engineering software and hardware solutions, and pursue the de-extinction of the Dodo bird.

 The Series B round was led by the United States Innovation Technology Fund. 


  • Sources told Bloomberg that the firm was valued at $1.5B at the recent funding round, cementing its status as a unicorn. 
  • Participants in the funding round include Breyer Capital, WestRiver Group, In-Q-Tel, Animoca Brands, and Jazz Ventures. 
  • The funding brings the total raised to date to $225M. 
  • Last year, the firm announced plans to de-extinct the woolly mammoth and Tasmanian tiger. 
  • The de-extinction of the Dodo will be pursued by its newly launched subsidiary, Avian Genomics Group. 
  • Form Bio spun out from Colossal last year and recently raised $30M in Series A funding.

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