Inscripta details series C funding

Mar 2, 2018 • Thierry Heles

US-based gene-editing technology developer Inscripta closed a $55.5m series C round on Wednesday co-led by Mérieux Développement, the investment arm of healthcare technology provider Institut Mérieux.

Venture capital firm Paladin Capital co-led the round, which also featured Venrock, Foresite, MLS Capital and NanoDimension.

Founded in 2015 as Muse Biotechnology, Inscripta’s offering enables researchers to engineer cells by using a suite of gene-editing tools including instruments, reagents and software.

The technology is based on research by Ryan Gill, Slade professor of…

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