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Versant Ventures Raises $950 Million Across Three Vehicles $140 million companion fund to boost selected early high-performers $250 million opportunity fund for later-stage rounds
Versant Ventures today announced $950 million in additional capital allocated across a platform of three separate vehicles. These included Versant Venture Capital VIII, a $560 million primary global biotech fund; Versant Voyageurs II, a $140 million booster fund; and Versant Vantage II, a $250 million later-stage opportunity fund.
All three funds exceeded their initial targets and were heavily oversubscribed. The capital from existing investors and a select number of new top-tier limited partners will support Versant s highly successful biotech investment strategy and portfolio construction model.