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Sana Biotechnology Announces Completion Of Initial Financing

by vcaonline.com posted 8months ago 16 views
SEATTLE, June 23, 2020-- Sana Biotechnology, Inc. (Sana), focused on engineering cells as medicines for patients, announced today the funding of all tranches of its initial financing, raising over $700 million. With this financing, Sana's shareholders include ARCH Venture Partners, Flagship Pioneering, Canada Pension Plan Investment Board, Baillie Gifford, F-Prime Capital, Alaska Permanent Fund, the Public Sector Pension Investment Board, Bezos Expeditions, GV, Omega Funds, Altitude Life Science Ventures, and multiple unnamed institutional investors. "Sana is dedicated to modulating genes in cells as well as replacing damaged cells in the body," said Steve Harr, Sana President and CEO.

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