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Posted on: Jan. 29, 2021, 10:01 a.m.
Arch raises $1.9B to build another crop of breakthrough biotechs ntaylor Fri, 01/29/2021 - 06:04.: Arch Venture Partners has closed its largest fund to date. The new investment fund gives Arch $1.85 billion to support the creation and advancement of early-stage biotech companies. As with its earlier funds, Arch will use the money to place a wide range of bets, handing out $50,000 when appropriate but also dialing its investment up to $250 million to support grand plans such as … Full investment news articleRelevent to this post: Public Employee Retirement System Of Idaho ARCH Venture Partners,