Indaco adds to Italian ecosystem with launch of first dedicated biotech fund

The Italian biotech ecosystem is adding another dedicated fund to its ranks as Indaco Venture Partners announced the first close of the firm’s first biopharma fund.

Indaco announced on Tuesday at the Bio€quity Europe 2022 conference in Milan that the Indaco Bio Fund held its first close at €95 million ($98.9 million), with a final target of €150 million...