Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

ElevateBio
139 Main Street, Suite 500
Cambridge, MA 02142
https://www.elevate.bio/

ElevateBio, LLC, is a Cambridge-based biotechnology holding company, established to create and operate a broad portfolio of cell and gene therapy companies through partnerships with leading academic researchers, medical centers and entrepreneurs. ElevateBio builds single- and multi-product companies by providing scientific founders with fully-integrated bench-to-bedside capabilities including world-class scientists, manufacturing facilities, drug developers and commercial expertise. ElevateBio is building a team of industry leaders who work at the holding company and are assigned exclusively or in-part to ElevateBio portfolio companies over time. ElevateBio BaseCamp, a company-owned center of cell and gene therapy innovation, will serve as the R&D, process development and manufacturing hub across the entire ElevateBio portfolio while also supporting selected strategic partners.

Key Contact
Name
David Hallal
Title
CEO
Funding Events

Date
Amount
Type
Investors
05/13/19 $150,000,000 Series A EcoR1 Capital
F2 Ventures
Redmile Group
Samsara BioCapital
UBS Oncology Impact Fund
03/30/20 $170,000,000 Series B EcoR1 Capital
EDBI
F2 Ventures
MPM Capital
Redmile Group
Samsara BioCapital
Surveyor Capital
The Invus Group
Vertex Ventures
03/16/21 $525,000,000 Series C EcoR1 Capital
EDBI
Emerson Collective
F2 Capital
Fidelity Management & Research Company
Invus
Matrix Capital Management
MPM Capital
Redmile Group
Samsara BioCapital
SoftBank Vision Fund 2
Surveyor Capital