📝 Colossal Biosciences raises $200M

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Colossal Biosciences raised a $200 million Series C at a jaw-dropping $10.2 billion valuation, despite having no revenue and a timeline extending to 2028 for its headline projects: reviving the woolly mammoth, Tasmanian tiger, and dodo bird. Investors are betting big on its groundbreaking technologies, including artificial wombs and advanced gene-editing via CRISPR, which promise transformative applications in healthcare, agriculture, and conservation. Colossal plans to monetize through spin-offs, government partnerships, and biodiversity credits, projecting billions in recurring revenue from its innovations and conservation efforts. This is not just about de-extinction—it’s about building the tools of tomorrow.

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