Finance Watch: $1.3bn In New Venture, Equity Capital Across Three New Funds

Also, Accelerator Blackbird Labs Launches With $100m

Private Company Edition: Revelation Partners amassed $608m, Bioluminescence Ventures emerged with $477m and Abingworth raised $356m for late-stage programs. In recent financings, MapLight closed a $225m series C round while Triveni launched with $92m and Gate garnered $60m in series A rounds.

Finance Watch Private Company — • Source: Shutterstock

October ended and November began with the announcement of three new venture capital and equity funds with more than $1.3bn for health care, life science and biopharmaceutical investments. Revelation Partners revealed its $608m Fund IV on 25 October, Bioluminescence Ventures (BLV) emerged from stealth with $477m raised across two funds on 1 November and Abingworth said on 30 October that it raised the $356m Clinical Co-Development Co-Investment Fund (CCD-CIF).

These three funds are in addition to OrbiMed’s disclosure of three new VC funds totaling $4.3bn on 24 October

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