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Finance Watch: Sana Reveals Cash Haul Of $700m In Under Two Years

 
• By Mandy Jackson

Private Company Edition: The allogeneic cell therapy developer founded by former Juno execs launched in January 2019 without disclosing its initial funding. Other recent venture capital mega-rounds include $192m for Orca, $170m for C4, $118m for Shattuck and $102m for GreenLight.

Finance Watch

Sana Biotechnology Inc. came out of stealth mode semi-secretively in January 2019 with former Juno Therapeutics Inc. executives on board to develop allogeneic cell therapies. But while there were hints that it had raised substantial initial funding, Sana did not reveal until 23 June that it received the last tranche of its series A financing, bringing the total to a whopping $700m. 

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Finance Watch: Investors Push ESSA Pharma, Elevation Oncology To Wind Down

 
• By Mandy Jackson

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• By Mandy Jackson

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