NewLimit completes $435 million Series C funding at a $3.1 billion valuation, led by Founders Fund

robot
Abstract generation in progress
Mars Finance News: Longevity technology startup NewLimit, co-founded by Coinbase founder Brian Armstrong, announced the completion of a $435 million Series C funding round, with a valuation of $3.1 billion.
This round was led by Peter Thiel's fund Founders Fund, with continued participation from Abstract Ventures, Kleiner Perkins, NFDG, Eli Lilly Ventures, Valor Equity Partners, and others, while also introducing new investors such as Thrive Capital, Greenoaks, and Quiet Capital.
In 2021, Brian Armstrong, along with former GV partner and bioengineer Blake Byers, and stem cell biologist Jacob Kimmel, jointly invested $110 million to establish NewLimit in Southern San Francisco.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • 3
  • Share
Comment
Add a comment
Add a comment
TreatMemesAsBeliefs
· 3m ago
From 110 million of its own funds to Series C, Armstrong really put his money where his mouth is.
View OriginalReply0
FlamingoFacingJudgment
· 8h ago
South of San Francisco, Armstrong's old territory, with obvious geographical advantages
View OriginalReply0
SeaSaltSparklingWater
· 8h ago
Thrive and Greenoaks have recently joined, and the old shareholders haven't exited, indicating that the data should be good.
View OriginalReply0
RetroRadioEcho
· 8h ago
A $3.1 billion valuation, with Founders Fund leading the round—this space is packed with real big-money investors.
View OriginalReply0
PlayfulAndCheerfulSunflower
· 9h ago
NFDG and quiet funds like Quiet Capital have also followed—underwater money is moving too.
View OriginalReply0
ColdWalletInTheAutumnBreeze
· 9h ago
Kleiner Perkins, this established VC firm, is still investing, indicating it's not just a narrative bubble.
View OriginalReply0
NonceWhisperer
· 9h ago
Valuation is 3.1 billion, funding raised is 435 million—the dilution ratio is fair and reasonable. They didn’t just randomly issue tokens, right?
View OriginalReply0
ShatteredGlaze
· 9h ago
Founded in 2021, now in Series C, the pace is quite steady, not like chasing the hot trend.
View OriginalReply0
GateUser-9076f8b9
· 9h ago
NewLimit, that name sounds like it's about breaking human limits. Is there any popular science explaining what it actually does?
View OriginalReply0
GateUser-deff9ed8
· 9h ago
Eli Lilly Ventures 都来了,biotech + crypto 的叙事越来越硬
Reply0
View More
  • Pinned