Finance Watch: Venture Capital Dominates Biopharma Funding So Far In 2022
VC Deals Totaled $9.5bn In Q1, Down From $10.8bn In Q1 2021
Executive Summary
Private Company Edition: Biomedtracker found that 53% of financings during the first quarter were venture capital deals versus 32% in Q1 of last year. Also, Qiming closed a $260m fund, Transition Bio raised a $50m series A round, ProfoundBio completed a $70m series A+ and MycoMedica raised $60m.
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