Robert Spignesi (Rapid Micro Biosystems)

Al­ly Bridge joins Bain in $120M bet that speed­ing up man­u­fac­tur­ing QC can hit big in post-pan­dem­ic world

The glob­al tide of ven­ture and pri­vate eq­ui­ty mon­ey flood­ing in­to bio­phar­ma — un­de­terred, if not boost­ed, by the pub­lic health cri­sis — is float­ing the boats of not just drug de­vel­op­ers but al­so the ven­dors that help them do their job. In the lat­est ex­am­ple, Chi­na’s Al­ly Bridge Group and Switzer­land’s En­deav­our Vi­sion have joined Bain Cap­i­tal in con­tribut­ing to Rapid Mi­cro Biosys­tems’ $120 mil­lion fi­nanc­ing.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.