ARTICLE | Financial News
PureTech raises another $50M
January 9, 2015 8:00 AM UTC
PureTech Ventures (Boston, Mass.) raised $50 million from Invesco Perpetual and other existing investors. The firm raised $57 million in October 2014 in a separate round that included Invesco.
The science and technology development firm typically provides seed funding to new companies that are set up as operating subsidiaries, then seeks outside investors as the newcos mature. ...