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Finance Watch: Venture Capital On Track For Another Record Year

$20.3bn Raised In H1 2021 Versus $27.2bn For All Of 2020

 
• By Mandy Jackson

Private Company Edition: With $8.9bn raised in the second quarter, venture capital investment in biopharma companies reached its second highest quarterly total to date – behind only Q1 of this year. Also, Nimbus Therapeutics raised $105m and European drug developers get in on the VC action. 

Finance Watch

Venture capital investment in biopharmaceutical companies during the second quarter brought another set of staggering numbers, with 257 firms raising $8.9bn – the second highest quarterly dollar total going back to 2006, according to data from Pitchbook and the National Venture Capital Association’s Venture Monitor report released on 14 July.

Q2 was second only to the first quarter of 2021, when $11.4bn was invested in 339 biopharma ventures (revised from...

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