Scoop: Metagenomi is preparing for an IPO this fall, in what could jumpstart a wave of public offerings
Gene-editing biotech Metagenomi is preparing to go public and is working with the investment bank JP Morgan on a potential listing this fall, according to people familiar with the company’s plans.
If Metagenomi goes public, it would be one of only about a dozen biotech IPOs this year, though likely one of the largest. It has already brought in more than $400 million in venture capital funding and from biopharma partnerships, an amount that puts it in the same class of fundraising as other significant IPOs of 2023.
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