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Vida Ventures Closes $825 Million Vida Iii Fund To Advance Transformative Biomedical Innovations

Jun 24, 2021•about 4 years ago

Amount Raised

$825 Million

Los Angeles

Description

Vida Ventures (“Vida”), a next-generation life sciences venture firm, announced today the closing of Vida Ventures III, L.P. (“Vida III”) on $825 million in an oversubscribed fund. Vida, founded in 2017, now has over $1.7 billion of assets under management.

Company Information

Company

Vida Ventures

Location

Los Angeles, California, United States

About

Vida Ventures is a next-generation life sciences investment firm founded by scientists, physicians, entrepreneurs and investors who are passionate about building and funding breakthroughs in biomedicine. Together they have created a bold investment group bound together by a simple word – life. Its mission is to bring science to life and advance transformative biomedical innovations that have the potential to make a meaningful difference for patients. Vida has a bicoastal presence and currently has approximately $1.7 billion under management. For more information on Vida Ventures, please visit www.vidaventures.com, on LinkedIn or follow on Twitter @Vida_Ventures.

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