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Posted on 9565 Colorado BioScience Association today announced the fourth year Colorado’s life sciences community has raised more than $1 billion in funding. Life sciences companies, organizations, and academic and research institutions raised $1.2 billion in 2020. The community accelerated growth with federal and state grants, mergers and acquisitions, initial public offerings, and successful financing rounds. Invitae’s acquisition of ArcherDX brings the 2020 Colorado life sciences fundraising total to $2.6 billion. Some of the largest raises by Colorado companies came in the fourth quarter of 2020, with SomaLogic closing a $121 million Series A funding round and Edgewise Therapeutics securing $95 million in Series C funding. Jennifer Jones Paton, President & CEO of Colorado BioScience Association, says:

United statesColorado state universityNational jewish healthSheliah reynoldsEmily robertsJennifer jones patonColorado life sciences financing historyDepartment of defenseNational science foundationIndustries acceleratorPrimavera group for colorado bioscience associationOffice of economic developmentInternational tradeBiomedical advanced researchNational institutes of healthColorado bioscience association