VC Firm Venrock Locks In $450 Million To Invest In Tech And Life Sciences Startups

Venrock Associates has closed its seventh fund with $450 million of capital, according to a July 31 blog post from Partner Bryan Roberts.

Fundraising for Venrock’s seventh pool was completed last week, Roberts said. The new fund feels like “one part cause for proud announcement and 99 parts assumption of a decade or more of responsibility to relentlessly strive for excellence for our two crucial constituencies – the founders, entrepreneurs and teams in whom we invest and the limited partners who have invested in us,” Roberts wrote.

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