ARTICLE | Financial News

Arch raises $408.4M toward ninth fund

November 22, 2016 12:00 AM UTC

Arch Venture Partners has raised $408.4 million towards its Arch Venture Fund IX LP, according to an SEC filing. The fund's target is $550 million, up from a planned $400 million in March.

According to a separate filing, the firm is also raising Arch Venture Fund IX Overage LP, a planned $450 million fund. ...