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Finance Watch: Lightstone Ventures Closes $375m Fund To Back Early Stage Biotechs

General Partner Jason Lettmann Expects IPO Exits To Continue

Executive Summary

Private Company Edition: Recent biopharma venture capital financings add up to $1.7bn, including a $135m crossover round for HilleVax after spinning out of Takeda in July to advance a norovirus vaccine, Skyhawk’s $133m in fresh funding and Obsidian’s $115m series B round.

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