Arbor Biotechnologies, Acrivon Therapeutics Inc. and bit.bio are the newest members of the biopharma venture capital mega-round club after the companies announced series B rounds totaling $215m, $100m and $103m, respectively.
Mega-rounds have helped start-ups and growth-stage companies build out innovative drug discovery and development platforms while advancing multiple therapeutic candidates at once. The $100m-plus rounds also helped 2021, as of...
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