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Finance Watch: European And Japanese Biotechs See VC Investor Interest In March

Dementia Discovery Fund 2 Meets $250m Goal

 
• By Mandy Jackson

Private Company Edition: The latest group of drug developers to announce venture capital financings is remarkable for its geographic diversity, from Character Biosciences’ $93m series B round in the US to Augustine’s $85m series B in Belgium to a $29.2m series C for Aculys in Japan.

Finance Watch Private Company
• Source: Shutterstock

Finance Watch has kept a close eye on venture capital financings in 2025 because of the notable drop in mega-rounds of $100m or more, and there have been none since the last private company edition, which noted five mega-rounds so far in March – up from three in February, but below the 11 seen in January. However, perhaps because of the slightly smaller size of recent funding rounds, another factor stood out in VC financings announced during the second half of this month – the geographic diversity of funded companies.

VC Deals In Depth

For detailed coverage of recent venture capital financings, see these Scrip articles:

The largest VC round since the 19 March edition of Finance Watch was a $93m series B round for Character Biosciences in Jersey City, NJ – a US company, but...

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Finance Watch: SV Closes Second Dementia Discovery Fund, Exceeding $250m Goal

 
• By Mandy Jackson

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