Colossal Biosciences Raises $200M to Advance De-Extinction Efforts
The biotech company aims to revive extinct species like the woolly mammoth, dodo, and Tasmanian tiger while driving innovations in genetic engineering and conservation.
- Colossal Biosciences has secured $200 million in Series C funding, bringing its total funding to $435 million and its valuation to $10.2 billion.
- The company is developing genetic engineering technologies to recreate extinct species, with progress reported in projects for the woolly mammoth, dodo, and Tasmanian tiger.
- Recent breakthroughs include creating high-quality ancient genomes, pioneering stem cell techniques, and advancing genome editing for species-specific traits.
- Critics question the ethical implications, potential ecological impacts, and the feasibility of reintroducing these species into modern ecosystems.
- Colossal is also using its technologies to support conservation efforts for endangered species, including rhinos, elephants, and threatened bird populations.