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Finance Watch: Another Bevy Of VC Mega-Rounds, Including $175m For Capstan

Aegis, Primmune Reveal Gates Investment, Government Funds

 
• By Mandy Jackson

Private Company Edition: Capstan and Engrail raised $175m and $157m, respectively, in series B venture capital rounds in addition to Madrigal’s $400m-plus launch and Clasp’s $150m series A. 

Finance Watch Private Company
• Source: Shutterstock

Capstan Therapeutics Inc. and Engrail Therapeutics are among the latest companies to raise venture capital mega-rounds of $100m or more as the deluge of large private financings early in 2024 coincides with a somewhat optimistic market for initial public offerings – one of two off-ramps for VC investors.

Mergers and acquisitions – the other off-ramp for venture capital firms and their limited partners – did not increase in...

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AstraZeneca Taps Into China’s R&D Engine With CSPC Alliance

 
• By Andrew McConaghie

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