Finance Watch: New Funds Keep Venture Capital Flowing Into Biopharma
Second Quarter Starts With $1bn-Plus In Fresh Cash
Private Company Edition: In the first week of April, Cure Ventures launched with a $350m fund, the Alzheimer’s Drug Discovery Fund received $200m for its venture philanthropy strategy and Canaan revealed $850m in new funds. Also, OnKure raised $53.7m and Phlow closed a $36m series B round.
