1. (tied) Seran Bioscience, $200M, biotech: The big biotech raise this week went to Seran Bioscience. The Bend, Oregon-based startup, which provides development and manufacturing services to pharmaceutical and biotechnology companies, raised a $200 million-plus round led by Bain Capital Life Sciences. The startup plans to use the new funding to help build out its new commercial-scale manufacturing facility for drug delivery and other services. Founded in 2016, this is the company's first round with a disclosed amount, per Crunchbase. 1. (tied) Twelve, $200M, greentech: Carbon transformation startup Twelve locked up a lot of cash this week, including a $200 million Series C led by Capricorn Investment Group, Pulse Fund and TPG. However, that wasn't the only money the Berkeley, California-based company saw, as it also raised $400 million in project equity led by TPG Rise Climate Fund and $45 million in credit facilities. The cash will be used to help complete AirPlant One, the...
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