Mammoth Biosciences

Healthcare

Founded: 2017

Last Round Valuation: $1.08B

Mammoth Biosciences is a pioneering biotech firm that harnesses the power of cutting-edge CRISPR systems to unlock the vast possibilities of its platform, revolutionizing life by decoding and rewriting the fundamental building blocks of existence. Founded in 2017 by Trevor Martin, Ph.D., Janice Chen, Ph.D., Lucas Harrington, and Jennifer Doudna, Ph.D., the company is based in Brisbane, CA and is driven by a mission to enhance the human experience through groundbreaking discoveries in the field of biotechnology.

Mammoth Biosciences Overview:

Mammoth Biosciences is a dynamic biotechnology company that is at the forefront of leveraging CRISPR technology to transform the field of molecular diagnostics and therapeutics. By harnessing the power of CRISPR systems, Mammoth Biosciences is revolutionizing the way we read, write, and edit the code of life.

The company's core focus lies in the development and application of novel CRISPR-based platforms. CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) is a powerful gene-editing tool that enables precise and efficient manipulation of DNA. Mammoth Biosciences has made significant advancements in the field by harnessing the natural diversity of CRISPR systems, unlocking new applications beyond traditional gene editing.

Mammoth Biosciences' innovative technology allows for the detection and editing of genetic material with unparalleled accuracy and efficiency. Their proprietary platform utilizes CRISPR enzymes to identify and modify specific DNA or RNA sequences, enabling the detection of target molecules and precise gene editing.

One of the key strengths of Mammoth Biosciences is the versatility and scalability of its platform. The company's technology has the potential to revolutionize various fields, including healthcare, agriculture, and environmental monitoring. In healthcare, Mammoth Biosciences' CRISPR-based diagnostics offer the potential for rapid, cost-effective, and highly accurate disease detection. This can have a transformative impact on early disease diagnosis, personalized medicine, and infectious disease surveillance.

Mammoth Biosciences also collaborates with partners in the development of next-generation therapies. By leveraging their CRISPR systems, the company aims to facilitate the development of precise gene therapies, enabling targeted interventions for a wide range of genetic disorders.

Founded in 2017, Mammoth Biosciences brings together a team of visionary scientists and industry experts. Co-founded by Trevor Martin, Ph.D., Janice Chen, Ph.D., Lucas Harrington, and Jennifer Doudna, Ph.D., a renowned pioneer in the field of CRISPR, the company combines cutting-edge research with a deep understanding of the practical applications of CRISPR technology.

Headquartered in Brisbane, California, Mammoth Biosciences operates at the intersection of biology, engineering, and data science. The company is committed to pushing the boundaries of what is possible with CRISPR, with a vision to revolutionize healthcare, agriculture, and beyond, by enabling precise and accessible manipulation of genetic information.

Through their relentless pursuit of scientific innovation and transformative applications of CRISPR technology, Mammoth Biosciences is poised to make a significant impact on the future of molecular diagnostics, therapeutics, and the understanding of the code of life itself.

Founders:

  • Trevor Martin Ph.D

  • Janice Chen Ph.D

  • Lucas Harrington

  • Jennifer Doudna Ph.D

Top Investors:

  • Brook Byers

  • Decheng Capital

  • Foresite Capital

  • Greenspring Associates

  • Mayfield

  • NFX

  • Pacific 8

  • Plum Alley Investments

  • Redmile Group

  • Senator Investment Group

  • Sixth Street

  • Vreily

  • aMoon

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
Sep 2021 Series D-1 $37.5MM $144.88MM $13.45 $1.08B Redmile Group, Foresite Capital, Senator Investment Group
Sep 2021 Series D $112.5MM $219.88MM $13.45 $1.08B Redmile Group, Foresite Capital, Senator Investment Group
Nov 2020 Series C-1 $747.77K $63.02MM $3.88 $278.7MM NFX
Nov 2020 Series C $44.36MM $106.63MM $4.32 $278.7MM NFX
Jan 2020 Series B-1 $7.41MM $25.51MM $2.43 $144.13MM Decheng Capital, Mayfield, NFX
Jan 2020 Series B $36.77MM $54.86MM $2.70 $144.13MM Decheng Capital, Mayfield, NFX
Aug 2018 Series A $18.1MM $18.1MM $1.00 $36.19MM Plum Alley Investments

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