Billion-dollar startup Colossal Biosciences claims it has come a step closer to reviving the dodo, a flightless bird that has been extinct since the 17th century along with the claim of bringing back Mammoth made 2 years ago.
The Dallas company, which launched in 2021, also announced Tuesday it had raised an additional $150 million in funding. To date, it has raised $225 million from wide-ranging investors that include United States Innovative Technology Fund, Breyer Capital and In-Q-Tel, the CIAu2019s venture capital firm which invests in technology.The plan is very, very challenging, Ewan Birney, deputy director of the European Molecular Biology Laboratory who is not involved in the project, told The Guardian. Even after such claims, according to Bloomberg, the latest investment values the startup at $1.5bn.
Image source-Weebly.comThe company claims bringing back these animals isn’t its only goal. But the genetic tools and equipment that the company develops to try to do it may have other uses, including for human health care, he said.Although the idea of ‘de-extinction’ not only seems impractical but also pops the question of necessity. Comment down your views about this idea. Also if you had this power to bring back an animal, which one it would be?
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