6 Things You Need to Know About Venture Veterans Launching $350 Million Fund to Digitize Lifesciences
The founders of Dimension, who formerly worked at Lux Capital and Obvious Ventures, have stated their intention to center their work on the interface between the biological sciences and computer science. Here are 6 Things You Need to Know About Venture Veterans Launching $350 Million Fund to Digitize Lifesciences; FACTS ONE It would seem that the venture capital business is going through a difficult period right now, particularly with regard to the healthcare sector. According to CB Insights, overall venture capital investments in 2022 were down 35% from 2021, with investments in digital health down by nearly 50% of the total. However, there is still hope for the industry as more and more investors are looking to Digitize Lifesciences, which could potentially lead to more investment in this sector. According to Evaluate Vantage, biopharma investment managed to buck the general trend by a little amount, falling by just 23% from the previous year. FACTS TWO Having said that, total ...