Accelerator Corp raises $62.8 mln for fourth fund
Accelerator Corp has closed its oversubscribed fourth fund at $62.8 million. The limited partners of Accelerator IV include AbbVie, WuXi PharmaTech, Watson Fund, Alexandria Venture Investments, ARCH Venture Partners, Eli Lilly and Company, Johnson & Johnson Innovation – JJDC Inc, Pfizer Venture Investments and WRF Capital. The pool will focus on early-stage life science investments. In addition to the fund, Accelerator has named Dr. James P. Sullivan, Dr. Tadataka Yamada and Peter Cheney to its board of directors.
29 September 2015•6 mins read
