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Life Sciences Financings and Commentary #9 — May 23, 2020 — May 29, 2020
Financings
Number of deals: 20 & Total capital invested: $1.05B
- AbCellera raised $105M led by OrbiMed and DCVC Bio to continue to scale up their antibody discovery platform and build their internal pipeline of medicines.
- Apeel Sciences raised $250M led by GIC to commercialize their plant-based coverings to extend the shelf-life of specialty crops.
- Ascus Biosciences raised $46M led by Temasek to commercialize feedstock focused on animal microbiome health.