BioCentury
ARTICLE | Finance

Ebb & Flow

August 20, 2001 7:00 AM UTC

Europe may be in danger of following the U.S. into a recession, but investors are still pouring money into venture funds. Two new funds are looking to add more than half a billion dollars to the venture pool.

Germany's TVM Techno Venture Management last week announced the second closing on E100 million ($89 million) for its TVM V Life Science Ventures fund, and plans to complete its fundraising by November...