ElevateBio Scales Disruptive Cell and Gene Therapy Business Model with $525 Million Series C Financing

ElevateBio, a cell and gene therapy technology company focused on powering transformative cell and gene therapies, today announced it has raised $525 million in a Series C financing. ElevateBio has created a new disruptive business model addressing the most pressing challenges in the field of cell and gene therapy. With an unprecedented suite of next generation-enabling technologies; including gene editing, induced pluripotent stem cells, and protein, viral, and cellular engineering; the company is changing the way the field advances cell and gene therapies. ElevateBio is positioned to power the industry’s most promising therapies with an “Elevate Inside” approach by democratizing access to its technologies, and using ElevateBio BaseCamp (a technology-enabled process development and CGMP manufacturing capability) to advance transformative therapies across the entire industry