Biotech

Evelo Biosciences

Evelo Biosciences raises $75M Series D at $500M valuation

$75M
Total Raised
Series D
Latest Round
2014
Founded
150+
Employees
620 Memorial Drive, Cambridge, MA 02139
1 min read

Quick Facts

Valuation
$500M
Latest Round Size
$75M
Latest Round Date
August 2024

Evelo Biosciences: Series D Funding Round

Evelo Biosciences has successfully raised $75M in Series D funding, reaching a valuation of $500M.

Company Overview

Monoclonal microbials for cancer and inflammation

Funding Details

The Series D round was led by Fidelity, with participation from Celgene, Kaiser Permanente Ventures, Flagship Pioneering.

Company Information

  • Headquarters: 620 Memorial Drive, Cambridge, MA 02139
  • Founded: 2014
  • Employees: 150+
  • Category: Biotech

Investment

Evelo Biosciences plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Fidelity: Verified investor in Series D
  • Celgene: Verified investor in Series D
  • Kaiser Permanente Ventures: Verified investor in Series D
  • Flagship Pioneering: Verified investor in Series D

Key Investors

Fidelity
Lead Investor
Verified investor in Series D
Celgene
Investor
Verified investor in Series D
Kaiser Permanente Ventures
Investor
Verified investor in Series D
Flagship Pioneering
Investor
Verified investor in Series D

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources