Company That Aims to Bring Back Extinct Animals Seeks Huge New Investment

Colossal Biosciences, a Dallas startup working to bring back extinct animals, is in talks to raise money at a $20–30 billion valuation, Axios reports. That could double or triple its September value of $10.3 billion. The five-year-old company has raised $555 million so far and recently started earning revenue. No investor or amount was disclosed.