venBio raises $528 million fifth life-sciences fund

Team S · 2024-08-01T17:11:00.000Z

Veteran venture capital firm venBio has raised another half a billion dollars to invest in biotechs working on diseases with unmet needs. The $528 million raised for “Fund V” lines up nicely with the $550 million brought in for its fourth fund in 2021 and once again surpasses the comparatively paltry $394 million raised in 2020. https://www.fiercebiotech.com/biotech/venture-capital-veteran-venbio-raises-528-million-life-sciences-investment

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venBio raises $528 million fifth life-sciences fund | Newnex