Cambridge, MA-based VC raises $824M for capital pool fund

Flagship Pioneering – a life sciences-focused venture capital firm raises $824 million for the capital pool, Special Opportunities Fund II. The firm’s institutional innovation division, Flagship Labs, acts as a platform for companies to grow.

In December, a company called Moderna had the biggest IPO in the history of biotechnology, and it was backed by Flagship Pioneering.

Read more about the news here:

https://medcitynews.com/2019/03/flagship-pioneering-raises-824m-in-new-fund/?rf=1