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ElevateBio

ElevateBio

Powering the creation of cell & gene therapies at a speed the world deserves.

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Home/About/Our Story

Our Story

We are transforming the cell and gene therapy industry

// About ElevateBio

We set out to be the world’s most indispensable cell and gene therapy technology company, changing how organizations operate, how products are created, and how disease is treated.

Since our inception, we have aimed to be the dominant engine inside the world’s greatest scientific advancements harnessing human cells and genes to alter disease. We’re enabling a growing number of partners across the biopharmaceutical industry and academia through our novel technologies and unmatched expertise.

Together, we are changing the future of medicine.

History

Our Expedition

2017

Our Foundation

David Hallal, Mitchell Finer, and Vikas Sinha ask the question, What could revolutionize medicine in the next 50 years? ElevateBio was formed.

May

2019

Our Launch

ElevateBio raises $150M in Series A financing and officially launched to power the cell and gene therapy industry.

July

2019

Partner with Massachusetts General Hospital

ElevateBio forms its first partnership, entering into a 10-year alliance agreement with Massachusetts General.

January

2020

The First ElevateBio BaseCamp® Facility Opens

ElevateBio opens BaseCamp in Waltham, MA, its first manufacturing and process development facility with end-to-end for cell and gene therapies.

March

2020

Raise $170M in Series B Financing

ElevateBio raises $170M in Series B financing to accelerate product development and support the completion of its next-generation cell and gene research and manufacturing platform.

March

2021

Accelerate Growth with $525M Series C Financing

ElevateBio raises $525M in Series C financing to support the acceleration and scaling of its end-to-end cell and gene therapy technology platform offering.

July

2021

Partner with Boston Children’s Hospital

ElevateBio and Boston Children’s Hospital announce a five-year cell and gene therapy collaboration.

October

2021

Our Acquisition of Life Edit

ElevateBio acquires Life Edit Therapeutics, accelerating the advancement of its Life Edit gene editing platform and therapeutic development capabilities.

August

2022

Partner with the California Institute for Regenerative Medicine

ElevateBio and California Institute for Regenerative Medicine (CIRM) announce a collaboration to develop iPSC-derived therapeutics, providing academic institutions and biopharmaceutical companies with access to its cell lines.

February

2023

Partner with Moderna Therapeutics

Life Edit and Moderna Therapeutics announce a strategic research and development collaboration to discover and develop in vivo mRNA gene editing therapies, combining Life Edit’s suite of proprietary gene editing technologies, including base editing, with Moderna’s mRNA platform.

May

2023

Raise $401 Million in Series D Financing

ElevateBio raises $401M in Series D financing to expand and scale its technology platforms, end-to-end capabilities, and therapeutic pipeline to serve its growing number of partners and drive revenue growth.

May

2023

Partner with Novo Nordisk

Life Edit and Novo Nordisk form a multi-target collaboration to discover, develop, and deliver base editing therapies for rare and cardiometabolic diseases, under which Life Edit has the option to a global profit share on one program.

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