Andera latest European VC to close largest-ever fund

Andera has joined a growing list of European VCs to raise their largest-ever fund with a majority being allocated to therapeutics investments.

Andera Partners announced Monday the final close of its BioDiscovery 6 fund at €456 million ($442.6 million), exceeding its €450 million target. It is a 32% increase over the firm’s 2018 vintage BioDiscovery 5, which closed at €345 million...