It has been a few years since it was first announced a DFW company was attempting to revive the woolly mammoth. While they still are yet to reach that goal, they continue to add more extinct animals to their project. After adding the Tasmanian tiger to their goals last year, the company recently announced they will now attempt to revive the dodo bird as well.
The dodo bird has been extinct since 1662, but if Colossal Biosciences has anything to do with it, the 3 foot tall flightless bird could one day be back on Earth. Colossal Biosciences recently received $150 million to try to bring back the dodo bird, according to Dallas Morning News. Investors include Dallas private equity financier and adventurer Victor Vescovo, CIA-backed In-Q-Tel, the United States Innovative Technology Fund led by billionaire Thomas Tull, Breyer Capital, Bob Nelsen, Animal Capital, Animoca Brands, Peak 6, BOLD Capital and Jazz Ventures.
“I feel like investors are excited about supporting us because we have a company that has obviously shown that it can create a lot of value, but it can also make a big impact on conservation in the world,” said Ben Lamm, CEO and co-founder of Colossal Biosciences. With this latest round of funding, the company is now being valued at about $1.5 billion. As long as this doesn’t turn into Jurassic Park, that number should continue to increase.
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