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Finance Watch: Mega-Rounds Add Up To Another Record Year For Biopharma VC Funding

Maze Therapeutics Closes Latest $100m-Plus Round

Executive Summary

Private Company Edition: NVCA and Pitchbook data show pharma and biotech companies raised $37.8bn in venture capital in 2021, up 41% from the record $26.8bn total in 2020. Recent mega-rounds include $190m for Maze and $200m for Alumis, and Sound Bioventures raised a €110m fund.

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