Tim Lu takes Senti and its gene circuit tech public in $296M deal riding on Omid Farokhzad's SPAC
Omid Farokhzad didn’t have to travel far to find a private biotech he wanted to take public with his $200 million blank-check company.
Senti Bio — the synthetic biology play launched and now helmed by MIT whiz Tim Lu — will be merging with Farokhzad’s Dynamics Special Purpose Corp., the companies announced Monday morning, in a deal set to deliver $296 million in gross proceeds.
Using a gene circuit technology platform out of Lu’s lab, Senti promises to program “sense-compute-respond” capabilities into cell and gene therapies.
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