ARTICLE | Finance

New VC Bioluminescence believes downturn offers ripe opportunity for platform investing

The firm’s founder, Kouki Harasaki, draws upon lessons from 2008 to guide investment thesis in current environment

November 1, 2023 10:46 PM UTC

Bioluminescence Ventures founder Kouki Harasaki believes current market dynamics have opened up a window to launch a new firm that can address a funding shortfall for emerging biotech platforms.

His organization, which has made a handful of investments already but launched officially this week, is deploying $477 million from two funds, with the aim of leading early rounds...