Greenwood-led fund to allow Dana-Farber to invest later in homegrown IP 

Luba Greenwood, the Roche and Verily alum turned fund manager, told BioCentury that Dana-Farber’s new $10 million fund will give the institute a vehicle that allows it to participate in later rounds for its spinouts.

The new fund, dubbed Binney Street Capital, will invest in start-ups created with IP from the institute or co-founded by an institute investigator. Therapeutics will be the primary focus, though the team will also consider investments in diagnostics, digital health and services, with plans to allocate $250,000 to $2 million in each of eight to 10 companies over the next three years. ...