Dimension raises $500M second fund for investing at the intersection tech and life sciences | TechCrunch

Image for article Dimension raises $500M second fund for investing at the intersection tech and life sciences | TechCrunch
News Source : TechCrunch

News Summary

  • Dimension Capital, a two-year-old venture outfit, raised an oversubscribed $500 million fund, exceeding its $400 million target
  • The firm’s appeal is its unique focus on investing at the nexus of life sciences and technology
  • Dimension is the first VC firm dedicated solely to “bridging the gap” between biology and computer science
Many VCs, particularly newer firms, readily admit that 2024 has been a challenging year for raising fresh capital.Dimension Capital, a twoyearold venture outfit, had a different experience when r [+3251 chars]

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