In-Q-Tel

Texas-Based Colossal Achieves Unicorn Status With $150M Series B Raise, Plans To ‘De-Extinct’ the Dodo Bird

by | Jan 31, 2023
Colossal says its efforts could help boost "the U.S. high-tech advantage." Its gene editing technologies "will make waves across sectors—in agriculture with new biofuels and preserving biodiversity, as well as in human health through improved gene therapy and vaccine development," the company said.
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Follow the Money: Aerwave Lands $20M for Connectivity Platform, Align Capital Partners Raises $620M for Third Fund, and More
by | Nov 7, 2022
In this week’s North Texas deal flow, you’ll also find news about automated payment solutions startup UPAY raising new funds; Fort Worth’s Star Castle Ventures' $5.25M raise; Carlyle Group acquiring a majority stake in Dallas’ Aspen Power Partners; CenterOak Partners selling Wetzel’s Pretzels for $207M; and other deals.
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Mammoth Interest: The CIA Invests in Dallas-Based Colossal Biosciences
by | Oct 11, 2022
The Central Intelligence Agency has invested in Colossal through its nonprofit VC investment arm, In-Q-Tel, reports The Intercept. Named in honor of Q—the tech genius from the James Bond novels and movies—the VC firm was founded in 1999 to keep U.S. intelligence agencies on the cutting edge of "innovative and impactful technologies coming out of Silicon Valley and beyond." So why Colossal? "Strategically, it’s less about the mammoths and more about the capability," In-Q-Tel says.
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