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The 24 Biotech Startups That Will Take Off in the Next Year, VCs Say

The 24 Biotech Startups That Will Take Off in the Next Year, VCs Say
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Singular Genomics is latest early stage San Diego startup to seek an IPO

Print Singular Genomics, a San Diego startup that’s developing next-generation sequencing technology for oncology and immunology, has filed a prospectus to become a publicly traded company. Founded in 2016, Singular hasn’t disclosed yet how much money it hopes to raise or the proposed price range of its shares. That information should be revealed as Singular gets closer to pricing its initial public stock offering. But it is attempting an IPO at a time when investors are receptive to betting on early stage companies. There have been 141 IPOs priced globally so far this year, up more than 300 percent from the same period last year, according to Renaissance Capital, an IPO investment advisory firm. San Diego-based TuSimple, which is developing self-driving semi-truck technology, recently raised $1 billion in an IPO.

Singular Genomics Files For IPO - socaltech com

socaltech.com La Jolla-based Singular Genomics Systems, a developer of gene sequencing technology, has filed for an IPO, saying in a filing that it is looking to raise up to $100M in an IPO on the Nasdaq. The company has filed to list under the symbol OMIC. The IPO is being underwritten by J.P. Morgan, Goldman Sachs & Co. LLC, BofA Securities, Cowen, and UBS Investment Bank. The company s largest shareholders are Deerfield Management, Domain Associates, Legend Capital, and Arch Venture Partners.

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