Launching Pad News

Launching Pad Angel Round Investment Unchained Labs was acquired for $435 million

On April 26, 2021, The Carlyle Group announced its acquisition of Unchained Labs for $435 million.

 

Unchained Labs is a Pleasanton-based laboratory biologics device company expected to generate $75 million in revenue in 2021. In the 2018 TVV Fund, I invested $500,000 in the Series D round at a $138 million valuation – the round was closed to outside investors, but we were able to invest opportunistically through our relationship with Tim Harkness (CEO) and Jason Novi (CFO). The $435 million valuations implies a 3.6x return on Launching Pad’s investment.


unchained-logo@2x (1).png


截屏2021-05-20 10.35.39.png

截屏2021-05-20 10.34.51.png



@Copyright 2017, New Silicon Valley Offshore Development Center. All rights reserved.