Colossal raises $200M to “de-extinct” the woolly mammoth, thylacine and dodo

Colossal BioSciences has raised $200 million in a new round of funding to bring back extinct species like the woolly mammoth.

Dallas- and Boston-based Colossal is making strides in the scientific breakthroughs toward “de-extinction,” or bringing back extinct species like the woolly mammoth, thylacine and the dodo.

I would be remiss if I did not mention this is the plot of Michael Crichton’s novel Jurassic Park, where scientists used the DNA found in mosquitoes preserved in amber to bring back the Tyrannosaurus Rex and other dinosaurs. I mean, what could go wrong when science fiction becomes reality? Kidding aside, this is pretty amazing work and I’m not surprised to see game dev Richard Garriott among the investors.

TWG Global, a diversified holding company with operating businesses and investments in technology/AI, financial services, private lending and sports and media, jointly led by Mark Walter and Thomas Tull.

Since launching in September 2021, Colossal has raised $435 million in total funding. This latest round of capital places the company at a $10.2 billion valuation. Colossal will leverage this latest infusion of capital to continue to advance its genetic engineering technologies while pioneering new revolutionary software, wetware and hardware solutions, which have applications beyond de-extinction including species preservation and human healthcare.

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