Ventana plans new $100 million fund

Ventana is the latest venture fund to start raising money, launching efforts to raise a $100 million fund for life science and high-tech companies.

The bulk of the fund - about 80 percent - will be devoted to biotechnology, with the remainder for high tech investments, said Ventana Chairman Thomas Gephart. Historically, Ventana has put half its money into life sciences, 30 percent into high tech and 20 percent into environmental companies.