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VC Firm Arch Venture Inches Closer to $550 Million+ Biotech Fund



11/22/2016 7:34:30 AM

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Arch Venture Partners is well along the way to raising a new $550 million-plus fund.

The VC group has posted new forms with the SEC stating that the partners have raised more than $408 million for Arch Venture Fund IX. But it’s unlikely to stop at $550 million. These days, biotech start-up groups like Arch have made it a point of pride to come in over target on the cash. And these partners like to make a splash.

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