Precision BioSciences

BiotechnologySeries BDurham, USprecisionbiosciences.com

Latest round

Series B

Last raised

May 2018

Total raised

$136M

Investors

25

About Precision BioSciences

Founded in 2006 by Jeff Smith and Derek Jantz and based in North Carolina, US, Precision BioSciences, Inc. is a biotechnology company initially focused on agricultural applications, which provides a genome editing platform called ARCUS for the treatment of genetic diseases and cancer. In March 2026, Precision BioSciences, Inc. Precision BioSciences' platform ARCUS, leverages naturally occurring enzymes for precise DNA modifications. This platform, exemplified by I-CreI from algae, allows for specific DNA cuts to insert, remove, or repair genes in living cells and tissues with unparalleled accuracy. ARCUS technology has enabled the development of innovative treatments like PBGENE-HBV for chronic hepatitis B and PBGENE-PMM for mitochondrial myopathy. These programs aim to offer potential cures by targeting specific genetic mutations with high precision and efficacy. The platform is also used to genetically delete harmful genes, excise specific characteristics, correct mutated genes, and edit existing genes of plant sources for food production systems.

Who invested in Precision BioSciences

25 investors across 2 rounds

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Funding rounds

  1. Series B

    May 25, 2018

    Amount

    $110M

    Investors

    Locked

  2. Series A

    Apr 30, 2015

    Amount

    $26M

    Investors

    Locked

Questions about Precision BioSciences

Who invested in Precision BioSciences?

Precision BioSciences has 25 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Precision BioSciences raised?

Precision BioSciences has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Precision BioSciences last raise money?

Precision BioSciences's most recent round on record is a Series B, in May 2018.

What does Precision BioSciences do?

Founded in 2006 by Jeff Smith and Derek Jantz and based in North Carolina, US, Precision BioSciences, Inc.

Where is Precision BioSciences headquartered?

Precision BioSciences is headquartered in Durham, US.

Which VCs invest in companies like Precision BioSciences?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Precision BioSciences's stage. Their profiles are linked below.

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