Dec. 12 Quick Takes: Targeted genomic DNA insertion company Tome launches with $213M
Plus: Bicara’s latest big round is a $165M series C, Shinobi launches, Pfizer readies to close Seagen deal and more
Tome Biosciences Inc., whose programmable genomic integration technology enables the insertion of any size of DNA sequence into any targeted genomic location, raised a combined $213 million in series A and B funding from Andreessen Horowitz (a16z) Bio + Health, Arch Venture Partners, GV, Longwood Fund, Polaris Partners, Bruker Corp. (NASDAQ:BRKR), Fujifilm Holdings Corp. (Tokyo:4901), Alexandria Venture Investments and other undisclosed investors.
In-licensed from Massachusetts Institute of Technology (MIT) and discovered by co-founders Omar Abudayyeh and Jonathan Gootenberg, Tome’s PASTE technology enables targeted DNA insertions of more than 30kb without requiring double-stranded breaks, facilitating the use of endogenous promoters in the human genome to control gene expression...