Retro Biosciences Raises $1B in Growth
Retro Biosciences has successfully raised $1B in a Growth at a $2B valuation led by Sandro Salsano, Y Combinator.
Company Overview
Retro Biosciences is a Biotech company headquartered in San Mateo, CA, founded in 2021 with 150+ employees.
Extending healthy human lifespan
Fundraising Details
- Amount Raised: $1B
- Round Type: Growth
- Valuation: $2B
- Date: 2025-01-22
- Investors: Sandro Salsano, Y Combinator
About Retro Biosciences
Extending healthy human lifespan The company is positioned in the Biotech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Mateo, CA
- Founded: 2021
- Team Size: 150+
- Industry: Biotech
What This Means
This funding round demonstrates strong investor confidence in Retro Biosciences's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Biotech sector continues to attract significant investment as companies innovate to meet evolving market demands. Retro Biosciences's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2B valuation marks an important milestone for Retro Biosciences, positioning the company among notable players in the Biotech industry.
Looking Ahead
With this new capital, Retro Biosciences is well-positioned to execute on its growth strategy and continue building innovative solutions in the Biotech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
---
This fundraising news was reported on 2025-01-22. For more information about Retro Biosciences, visit their headquarters at San Mateo, CA.
