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Colorado's Life Sciences Ecosystem Raises $1.2 Billion in 2020


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Leadership During COVID-19 Accelerated Interest and Investment in Colorado
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. ....

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