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Finance Watch: Canaan Closes New VC Fund; CARB-X Backs More Antibiotics

 
• By Mandy Jackson

Canaan raised $800m for tech and health care investments. Also, six companies closed VC rounds, CARB-X backed more antibiotics, CIRM funded BrainStorm and Sarepta led recent offerings.

Finance Watch

Canaan Partners is an active investor in the biopharmaceutical space, even though it isn't focused specifically on life science or health care ventures, and now it has extra spending power after closing its 11th fund.

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• By Mandy Jackson

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