ARTICLE | Finance

Next for Nextech

Nextech Invest has a first close for its second oncology fund

September 13, 2010 7:00 AM UTC

Swiss venture firm Nextech Invest(formerly Nextech Venture) had a €26 million ($34 million) initial close last week for its third fund, Nextech III Oncology.

Its prior fund, and first oncology fund, had a final close in mid-2008 at €41 million. Founding partner and CEO Alfred Scheidegger said there were six investments in that fund. The firm has exited two of these and partially exited a third...