BioCentury
ARTICLE | Finance

Versant’s base case

Why Versant is bumping up cash per company with its latest funds

December 17, 2018 8:30 PM UTC

Versant Ventures plans to allocate more funding per start-up out of its newest funds, reflecting the firm’s shift towards building stand-alone companies with large portfolios.

On Monday, Versant closed Versant Venture Capital VII at $600 million and Versant Voyageurs I, its Canadian companion fund, at $100 million...