Twist Bioscience Lands $20,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=845cddf5-fdd7-4545-8df7-e46215f83740 - Date
1/19/2016 - Company Name
Twist Bioscience - Mailing Address
455 Mission Bay Blvd South San Francisco, CA 94158 USA - Company Description
At Twist Bioscience, our expertise is accelerating science and innovation by leveraging the power of scale. We have developed a proprietary semiconductor-based synthetic DNA manufacturing process featuring a 10,000-well silicon platform capable of producing synthetic biology tools, including genes, oligonucleotide pools and variant libraries. - Website
http://www.twistbioscience.com - Transaction Type
Debt - Transaction Amount
$20,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Under the terms of the agreement, Twist will be able to draw upon a portion of the loan immediately with the remainder available upon completion of certain business milestones. - M&A Terms
- Venture Investor
Silicon Valley Bank
