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VC Roundup: Three New Funds Close As Small, Early Financings Bounce Back

 
• By Mandy Jackson

Even Series A rounds have been large during recent record-breaking years for biotech venture capital investment, but it looks like smaller financings for early-stage companies may be in the midst of a comeback. With VC firms closing new funds, that raises the question: Will the number of preclinical and Phase I financings increase?

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Four venture capital firms have raised more than $1bn in new money for life science and health care investments, which could be divided among a large number of biotechnology companies if a recent trend toward smaller funding rounds continues for US and EU firms.

There's been some concern during the past few record-breaking years of biotech venture capital financing about the decline in seed and early-stage funding rounds for companies at the beginning stages of drug development, but recent VC deals seem to suggest a reversal of that trend

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