Fund name: Vida Ventures III
Target size: $750 million
Stage of fundraising: Launched
Predecessor fund: Vida Ventures II ($600 million)
Vida Ventures is currently in market fundraising for its third biotech and life-science equity vehicle, targeting $750 million of LP capital commitments. The next-generation life sciences investment firm has previously raised $600 million for the oversubscribed predecessor fund.
The latest vehicle will seek a similar investment approach as its predecessors: targeting transformative biomedical and life-science innovation through the continuing support and development of the portfolios.