From Los Angeles Business Journal · Zane Hill · · 40s
Soon-Shiong Expands Biotech Investments
Patrick Soon-Shiong boosts biotech investments with $50m Prolific Machines round.
In brief
Patrick Soon-Shiong boosts biotech investments with $50m Prolific Machines round. Patrick Soon-Shiong's Nant Capital co-led a $50 million investment in Prolific Machines, a biotech firm developing optogenetics-based therapies. Originally reported by Los Angeles Business Journal.
Soon-Shiong's Biotech Push
Patrick Soon-Shiong co-led a $50 million investment round into Prolific Machines, a biotech firm in Emeryville.
“Prolific Machines is the most exciting advancement I have seen in biopharma manufacturing in decades.”
Prolific Machines Focus
The firm works in optogenetics to develop biologics, biosimilars and viral vector platforms for organ and tissue fabrication.
Recent Biotech Wins
Soon-Shiong's Nant Capital also led a $75 million round for Multiply Labs, using physical AI to automate medicinal manufacturing.
“The world of physical AI biological manufacturing has arrived.”
The key point
Patrick Soon-Shiong's Nant Capital co-led a $50 million investment in Prolific Machines, a biotech firm developing optogenetics-based therapies.
