Everyone wants to invest in CRISPR Therapeutics, it seems. The Basel and Cambridge, US biotech has raised more money for its ongoing Series B round, bringing the total to over €126M.
The authorization for the first CRISPR trials have just arrived in the hands of the FDA, and this might have encouraged new investment.
CRISPR Therapeutics is one of the examples. The biotech founded with Emmanuelle Charpentier‘s intellectual property (one of the co-discoverers of the CRISPR/Cas9 system) had already raised nearly €80M, and as the CEO Rodger Novak said at Refresh, “we have over $250M in the bank“.
Enthusiasm appears just as strong now, as CRISPR Therapeutics just raised an additional €34M ($38M) from institutional investors and healthcare funds.
While not all of the investors were disclosed, some of the new players are Franklin Templeton Investments (investment firm from the US) and New Leaf Venture Partners (a healthcare VC also from the US,