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March 10, 2025 - Deals
Tony Antoci Buys Property From Erewhon
Erewhon, the upscale Los Angeles grocery chain known for its celebrity-endorsed products and high prices, recently garnered attention for selling a single strawberry imported from Kyoto, Japan, for $19. This luxury berry, supplied by Elly Amai, is praised for its exceptional sweetness and flawless appearance. The extravagant pricing sparked widespread online debate, with many questioning the necessity and ethics of such an offering. Under the leadership of CEO Tony Antoci, Erewhon continues to expand, planning three new So
HQ: #LosAngeles #California
#VentureCapital #Erewhon #TonyAntoci #TradedVC
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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts.
FOUNDERS: Ben Lamm & George Church
TARGET VALUATION: $23,000,000,000
HQ: Dallas, Texas
#VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC