Twist Bioscience
Twist Bioscience Raises $200M in Convertible Note
Quick Facts
Twist Bioscience Raises $200M in Convertible Note
Twist Bioscience has successfully raised $200M in a Convertible Note at a $4B valuation led by Temasek Holdings, Fidelity, Paladin Capital Group, Casdin Capital.
Company Overview
Twist Bioscience is a Biotech company headquartered in 681 Gateway Boulevard, South San Francisco, CA 94080, founded in 2013 with 600+ employees.
Synthetic DNA manufacturing
Fundraising Details
- Amount Raised: $200M
- Round Type: Convertible Note
- Valuation: $4B
- Date: 2024-04-11
- Investors: Temasek Holdings, Fidelity, Paladin Capital Group, Casdin Capital
About Twist Bioscience
Synthetic DNA manufacturing The company is positioned in the Biotech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 681 Gateway Boulevard, South San Francisco, CA 94080
- Founded: 2013
- Team Size: 600+
- Industry: Biotech
What This Means
This funding round demonstrates strong investor confidence in Twist Bioscience'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. Twist Bioscience's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $4B valuation marks an important milestone for Twist Bioscience, positioning the company among notable players in the Biotech industry.
Looking Ahead
With this new capital, Twist Bioscience 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 2024-04-11. For more information about Twist Bioscience, visit their headquarters at 681 Gateway Boulevard, South San Francisco, CA 94080.
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