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Finance Watch: Mega-Round Mania As RNA Therapeutics, Gene Editing Attract VC Cash

ReNAgade Raised $300m; ElevateBio Closed $401m Series D

Executive Summary

Private Company Edition: Two companies raised multiple hundreds of millions of dollars each helping to keep the number of $100m-plus venture capital mega-rounds on the rise in May. Also, Ascend raised $132.5m to make gene and cell therapies, and Nido emerged with $109m for neurological diseases.

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