Finance Watch: Atlas Raises Another $450m Fund To Back Start-Ups

Fund XIV Matches Fund XIII From 2022

Private Company Edition: Atlas Venture closed its $450m Fund XIV after some notable exits. Also, Nuvig’s $161m series B round more than triples its $47m series A from 2022, while Maze’s $115m series D fell below its prior $190m round and Antag raised an €80m ($84.7m) series A.

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It has been less than three years since Atlas Venture closed its thirteenth venture capital fund and one thing is unchanged with its fourteenth – the size of the fund. Atlas announced on 5 December that it closed Fund XIV with $450m to invest in biopharmaceutical start-ups, matching the $450m total of Fund XIII, which closed in March 2022.

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