Finance Watch: Billions In And Billions Out In Venture Capital Fundraising
Three Funds Raised $1.3bn; 16 Biopharmas Brought In $1.2bn
Private Company Edition: The flood of venture capital into health care and life science firms continues with Perceptive closing a $1.1bn credit fund and Sanofi investing $50m in Jeito Capital. Also, Ambrx closed a $200m crossover round as biopharma remains on track for a record funding year.