Atlas pledges “disciplined approach” for new $450 million biotech fund

6 December 2024

Leading early-stage biotech investor Atlas Ventures has closed its fourteenth fund with $450 million in an oversubscribed raise.

In a statement, the firm said: “Core to Atlas is a disciplined approach to our firm, funds, and portfolio.” Atlas said it would “build biotech companies across the spectrum of disease areas, modalities, and business models.”

The fundraising comes amid signs of recovery in the biotech sector, which has experienced renewed interest from venture capital firms in 2024.

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