Two new venture capital funds based outside of the US together offer $365m for life science start-ups, including Amplitude Ventures’ second fund and XGEN Venture’s inaugural fund. Montreal-based Amplitude’s Fund II totals CA$263m ($192m), while XGEN in Milan raised €160m ($173.4m) for XGEN Venture Life Science Fund.
Finance Watch: Two New VC Funds Bring $365m For Start-Ups
CinRx Grows Funds Raised To $176m
Private Company Edition: Amplitude Ventures raised $192m for its second fund, while XGEN Venture debuted with €160m ($173.4m). Also, hub-and-spoke biopharma operator CinRx added $73m, Adcendo extended its series A round to €98m ($106.2m) and Grey Wolf raised $50m.
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