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Editas Medicine raises $120m for genome editing

August 11, 2015

Editas Medicine, a genome editing company, has raised $120 million in a Series B round of financing. The funding was led by a new firm called Bng0, led by Boris Nikolic, which counts Bill Gates among its backers.  Other companies among the long list of investors include Deerfield Management, Viking Global Investors, Fidelity Management & Research Company, funds and accounts managed by T. Rowe Price Associates, Inc., Google Ventures, Jennison Associates on behalf of certain clients, Khosla Ventures, EcoR1 Capital, Casdin Capital, Omega Funds, Cowen Private Investments and Alexandria Venture Investments. “With this financing, we have a strong foundation from which we can broadly develop our genome editing platform and advance multiple new therapies toward clinical trials,” said Katrine Bosley, CEO, Editas Medicine. “We are grateful for such strong support from so many high-quality investors who share our vision to translate this powerful science into transformative medicines.”

Interior design e-commerce company Livspace has raised $8 million in funding. The India-based startup attracted the investment from previous backers Helion Venture Partners, Bessemer Ventures Partners and Jungle Ventures. Livspace had raised a Series A round worth $4.6 million earlier in the year and the company says the latest funds are an expansion of that round. The cash will be used to expand into new cities and develop new products.

Mobile-first digital security company Tyfone has announced $6.6 million in Series C funding led by RPX Corp. Previous backers in the firm include In-Q-Tel and retired General David Patraeus. “We believe that Tyfone has a very high-quality patent portfolio and we are pleased to take an ownership stake with a proven technology leader, while enabling the company to raise growth capital without litigation or monetizing through an NPE,” said Executive Director and Co-Founder of RPX Geoffrey T. Barker, who will join the Tyfone board.

Record360, a property inspection and asset condition reporting tool, has closed a $1.5 million seed investment round. The Alliance of Angels led the round, with participation from Bellingham Angel Investors. The company’s patent-pending dashboard and mobile app attempts to solve the issue of damage disputes and asset condition and claims management processes in the rental/share business.

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Filed Under: Finance, Investment Round Up, Startups

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