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Follow the Money: Single-Cell Multiomics, Data Networks, Security

April 1, 2021
By Bio-IT World Staff
April 1, 2021 | New investment funds for late-stage companies and public health. Next-gen genomic medicines and single-cell multiomics get cash, and PatientsLikeMe raises a new round of funding to expand.

$969M Investment Fund for Early to Late-Stage Companies
Foresite Capital, a multi-stage healthcare and life sciences investment firm, has announced its fifth and largest fundraise with $969 million in capital commitments, significantly oversubscribed above its original target. The offering comprises Foresite Capital Fund V, L.P. and Foresite Capital Opportunity Fund V, L.P. With these new funds, Foresite Capital is investing in emerging healthcare and life sciences companies at all stages that are solving some of the biggest inefficiencies and pain points of the $10 trillion global healthcare market. Foresite Capital now has ~$4 billion in assets under management. Press release. ....

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Apollo Announces Impact Advisory Committee

Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo” or the “Firm”) today announced the creation of an Impact ....

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PayBito Halts Trading of XRP in Light of the Recent Action of Securities and Exchange Commission

News Category Global Banking & Finance Reviews
PayBito Halts Trading of XRP in Light of the Recent Action of Securities and Exchange Commission
PayBito Halts Trading of XRP in Light of the Recent Action of Securities and Exchange Commission
PALO ALTO, Calif., Feb. 18, 2021 /PRNewswire-PRWeb/ Global trading platform and cryptocurrency exchange PayBito temporarily halts its XRP trading feature in light of the SEC s latest action against Ripple Labs, Inc. Due to a lawsuit filed by the US Securities and Exchange Commission (SEC), PayBito has made the choice to suspend its XRP trading pairs on the platform.
The trading suspension of the crypto exchange is not going to affect the user s access to the XRP wallet. XRP wallets will still remain available, thereby aiding users to send out XRP to other exchanges. PayBito is likely to monitor legal developments associated with XRP and update users accordingly as more information unwraps. ....

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Adjuvant Capital Announces $300 Million Venture Fund Designed to Improve Global Public Health

Adjuvant Capital Announces $300 Million Venture Fund Designed to Improve Global Public Health
Merck, Novartis, IFC, Bill & Melinda Gates Foundation, Children s Investment Fund Foundation, Dalio Philanthropies, Doris Duke Charitable Foundation, ELMA Investments Ltd., Ford Foundation, MacArthur Foundation, Global Health Investment Corporation, CDC Group, Anthos Fund & Asset Management, and Others Join in Oversubscribed Debut Offering
NEW YORK, Feb. 18, 2021 /PRNewswire/
Adjuvant Capital today announced an oversubscribed $300 million fund focused on accelerating the development of medical innovations for historically overlooked public health challenges. Launched in 2019, Adjuvant s debut fund will support promising new technologies for indications that the venture capital industry has largely ignored. ....

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Investors put $300 million into Adjuvant Capital as global health innovation shines

Investors put $300 million into Adjuvant Capital as global health innovation shines
impactalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from impactalpha.com Daily Mail and Mail on Sunday newspapers.

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