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Wooly Mammoth startup Colossal seeking at least $20B valuation

De-extinction startup Colossal Biosciences is in talks to raise new capital with a target valuation between $20 billion and $30 billion.

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The brief

Colossal Biosciences, a startup focused on de-extinction and the wooly mammoth, is reportedly seeking a new funding round. The company is discussing a valuation of at least $20 billion, with some reports suggesting it could reach $30 billion.

Coverage from TechCrunch, Axios, Seeking Alpha, Zamin.uz, and Межа. Новини України emphasizes the scale of the capital raise and the specific valuation targets being discussed. The reports characterize the company as a de-extinction startup.

Future developments depend on the outcome of these funding discussions and whether the company secures the reported valuation.

Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 6h ago.

Quick answers

What is Colossal Biosciences' target valuation?

The company is seeking a valuation of at least $20 billion, with reports indicating it could be between $20 billion and $30 billion.

What is the primary focus of the company?

Colossal Biosciences is described as a de-extinction startup, specifically associated with the wooly mammoth.

Who is reporting on this funding round?

The news is being reported by outlets including TechCrunch, Axios, Seeking Alpha, Zamin.uz, and Межа. Новини України.

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