Fund name: Flagship Pioneering Fund VII
Fund size: $3.37 billion
Target size: $3 billion
Launch date: March 2020
Current status: Final close, June 2021
Flagship Pioneering has held a final close on Flagship Pioneering Fund VII, raising $3.37 billion. The fund is the firm’s first attempt to bring together both growth strategies and origination within a single investment vehicle. The venture capital fund will invest in bioplatform companies.