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Versant Ventures Raises $700M

by vcaonline.com posted 4months ago 24 views
SAN FRANCISCO & NEW YORK & VANCOUVER, British Columbia & BASEL, Switzerland, December 17, 2018-- Versant Ventures today announced an infusion of $700 million through two new funds. These include a primary global fund, Versant Venture Capital VII, which closed at its hard cap of $600 million. In addition, Versant raised $100 million for a Canadian companion fund called Versant Voyageurs I. Both funds exceeded their initial targets and were supported by existing investors and a select number of new top-tier limited partners.

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