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Venture Capital News: Somatus Raises $325M in Series E

2022-02-23
MCLEAN, VA, Somatus, a kidney care company, announced an oversubscribed Series E financing of $325+ million led by Wellington Management.
Somatus, a kidney care company, announced an oversubscribed Series E financing of $325+ million, at a valuation of over $2.5 billion.

The funding round was led by Wellington Management, and included new investments from RA Capital Management, GIC, Fidelity Management & Research Company, and other leading investment organizations. Existing investors Anthem, Blue Venture Fund, Deerfield Management Company, Flare Capital Partners, Inova Health System, Longitude Capital, and Optum Ventures were also contributors. This latest investment brings the total capital raised by the Company to nearly $500 million.
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