Finance Watch: Cell And Gene Therapy Fundraising Down Overall In Q2, But VC Deals Still Soared

Private Company Edition: ARM's Q2 report shows a 38% decline in financings, but venture capital and upfront fees from deals were robust. Also, Servier raises $405m in the US, Frequency closes a $62m series C and VenatoRx accesses US government cash.

Finance Watch

The Alliance for Regenerative Medicine's second quarter report on financing and deal-making showed that cell and gene therapy companies raised $2.6bn globally in the second quarter, which was down 38% year-over-year. As in the first quarter, however, venture capital and upfront fees from deals outperformed other fundraising categories.

ARM's report covers gene and gene-edited cell therapies, cell therapies and tissue engineering firms, which raised a combined $4

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