Exscientia has raised $60m through a Series C financing round, confirming excellent progress of Frontier IP’s most advanced portfolio holding. The pre-money valuation of Exscientia in this equity fundraising round and the value of Frontier IP’s equity holding is undisclosed. Nevertheless, this is continued progress following a good H1 performance and is supportive of the company’s rising NAV. Frontier IP has also provided a FY’20 trading update, confirming its performa

26 May 2020
Exscientia $60m Series C fundraising and inline trading statement

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Exscientia $60m Series C fundraising and inline trading statement
Frontier IP Group Plc (FIPP:LON) | 21.0 0 0.0% | Mkt Cap: 14.5m
- Published:
26 May 2020 -
Author:
Singer CM Team -
Pages:
3 -
Exscientia has raised $60m through a Series C financing round, confirming excellent progress of Frontier IP’s most advanced portfolio holding. The pre-money valuation of Exscientia in this equity fundraising round and the value of Frontier IP’s equity holding is undisclosed. Nevertheless, this is continued progress following a good H1 performance and is supportive of the company’s rising NAV. Frontier IP has also provided a FY’20 trading update, confirming its performa