Ben Lamm's Colossal Biosciences Eyes $20B-$30B Valuation as De-Extinction Startup Diversifies Revenue

Colossal, the five-year-old firm behind projects to “resurrect” extinct species, is building out revenue streams through conservation tech and multiple spin-off ventures.

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Primary source: TechCrunch

Why it matters

This potential valuation jump for Colossal Biosciences demonstrates how deep tech companies can leverage ambitious, long-term scientific goals to incubate commercially viable technologies and diversify revenue, attracting significant capital even before core de-extinction efforts yield immediate returns.

Illustration of a majestic woolly mammoth standing in a restored tundra, with DNA strands subtly woven into the background to evoke Colossal Biosciences' de-extinction work.

Colossal Biosciences, the company co-founded and led by Ben Lamm, is reportedly in talks to raise new capital at a valuation between $20 billion and $30 billion. The potential funding round would double or triple the de-extinction startup's previous valuation of $10.2 billion, which it secured in January 2025.…

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