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Finance Watch: Venture Capital Mega-Rounds Attempt A Rebound In March

 
• By Mandy Jackson

Private Company Edition: There have been five $100m-plus VC rounds so far this month, up from three in all of February. Flagship unveiled Lila Sciences with $200m, while Curevo and Insilico raised $110m in series B and E rounds, respectively. Also, Arbor Biotech garnered $73.9m.

Finance Watch Private Company
• Source: Shutterstock

The number of venture capital mega-rounds of $100m or more plummeted from 11 in January to just three in February, but appear to be on the rise again with five as of mid-March. Flagship Pioneering’s latest start-up, Lila Sciences, brought in the largest of this month’s mega-rounds with $200m in seed funding, while Curevo Vaccine revealed a $110m series B round and Insilico Medicine raised a $110m series D round.

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