KINICITI

Company

Investment-firm

Last deal

Amount

Undisclosed

Stage

10.11.2021

Date

1

all rounds

Financing round

General

About Company
Kiniciti partners with companies to transform the cell and gene therapy ecosystem and deliver novel treatments to patients in need.

Industry

Sector :

Subsector :

founded date

01.01.2020

Number of employees

Last funding type

Undisclosed

IPO status

Private

Description

Kiniciti is a Welsh, Carson, Anderson & Stowe platform that provides resources, expertise, and capital to help life science companies scale and deliver compelling customer value. The company invests in opportunities with the potential to leverage technology and capabilities to drive transformational change and ensure that cell and gene therapies are delivered to patients in need. Kiniciti focuses on addressing bottlenecks, constraints, and inefficiencies in the development, manufacturing, and delivery of innovative therapies. The company is committed to making the promise of breakthrough CGT therapies a reality, ensuring that future treatments reach patients as quickly and cost-efficiently as possible. Kiniciti pursues partnerships in various areas, including cell sources, enabling technology platforms, process development and scale-up, source-to-patient delivery, and other solutions designed to fulfill the promise of breakthrough treatments while concurrently reducing costs to ensure affordable access for patients. Welsh, Carson, Anderson & Stowe committed a minimum of $250M to support companies primed to transform healthcare through their CGT offerings, and Kiniciti has a flexible remit to ensure that they invest in the right companies, with the right technology, at the right time.
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M&A Details
1

Acquired by

Welsh, Carson, Anderson & Stowe

announced date

01.02.2021

price

$250M

Financials

Funding Rounds
1
1

Number of Funding Rounds

Their latest funding was raised on 10.11.2021. Their latest investor Welsh, Carson, Anderson & Stowe. Their latest round Undisclosed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
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Michelle Dipp

Michelle Dipp

Michelle Dipp, MD PhD is Co-Founder and Managing Partner at Biospring Partners, a life sciences technology growth equity firm. Michelle serves on the Board of Directors for Abzena. Michelle was a Managing Director at General Atlantic, a New York based global growth equity firm. Michelle Dipp launched their life sciences investment platform and was a member of the life sciences investment committee. Michelle Dipp served as a Board Observer for Ginkgo BioWorks and also served as a board member for PathAI and Immunocore. Michelle was a Co-Founder and former General Partner of a leading Boston-based healthcare investment firm, Longwood Fund. As a General Partner in Longwood Funds I, II, III, and IV, Michelle co-founded several portfolio companies for Longwood Fund, where she held senior management positions. In addition to her management positions, Michelle worked on the board of these portfolio companies including as Chairman of Axial Biotherapeutics. Michelle served on the board of Colorescience and also served as a board observer of both Bicycle Therapeutics and Pulmocide Ltd. Before joining Longwood, Michelle Dipp was GlaxoSmithKline’s (GSK) Senior Vice President of the Centre of Excellence for External Drug Discovery (CEEDD). During Michelle Dipp's time she also served in GSK’s global business development group as Vice President of Corporate Development at Sirtris Pharmaceuticals, Inc. (NASDAQ: SIRT was ultimately acquired by GlaxoSmithKline in 2008). Michelle began her investment career at the Wellcome Trust after completing her medical training. Michelle Dipp, MDPhD holds a Bachelor of Medicine and Bachelor of Surgery from the University of Oxford Medical School and a Doctor of Philosophy in Human Physiology from the University of Oxford, Brasenose College. Michelle currently serves on the Trustee Advisory Board for Beth Israel Deaconess Medical Center; Advisory Board for the Women’s Foundation of Boston; Board of Directors for Life Science Cares; Rockefeller University Council; Advisory Council for the American Museum of Natural History; Co-Founding Member of the Bowman Fund, Brasenose College Boat Club, Oxford University; and a member of the World Economic Forum’s Young Global Leaders.

current job

Biospring Partners
Biospring Partners

count Of Investments

1

People

Employee Profiles
2

Jason Conner

Chief Strategy Officer

Geoffrey Glass

Chief Executive Officer

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