Amount Raised
$1 Billion
Description
Colorado BioScience Association today announced the fourth year Colorado’s life sciences community has raised more than $1 billion in funding. Life sciences companies, organizations, and academic and research institutions raised $1.2 billion in 2020. The community accelerated growth with federal and state grants, mergers and acquisitions, initial public offerings, and successful financing rounds. Invitae’s acquisition of ArcherDX brings the 2020 Colorado life sciences fundraising total to $2.6 billion.