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Finance Watch: New Funding Available For Antibacterials, Start-Ups

 
• By Mandy Jackson

Private Company Edition: The Novo Holdings Repair Impact Fund wants to fund another round of antimicrobial resistance efforts. Also, Atlas Venture raised a new $400m fund, Everest closed a $310m series C round and Cognition received a $78.5m grant.

Finance Watch

Funding for start-ups and other early-stage companies continues to flow into the biopharmaceutical industry from new and established sources. That includes Novo Holdings’ REPAIR Impact Fund, which has backed eight companies in the US and Europe to date with early-stage drug development programs that aim to tackle antimicrobial resistance (AMR) and is ready to increase its investments.

Novo Holdings said on 8 June that it has opened a new investment proposal round that will be open for...

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