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Finance Watch: Happy Holidays For Flagship With A New $618m Fund

 
• By Mandy Jackson

Private Company Edition: Flagship ends 2017 with its biggest life science fund yet totaling $618m. Also, December sees a year-end surge in VC deals, including a $100m Series B round for Allakos.

Finance Watch

A year after Flagship Pioneering updated its name to reflect the firm's investments in innovation and company creation, and revealed a new $285m special opportunities fund, it announced on Dec. 20 that it closed its largest fund to date totaling $618m.

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