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Biotech-Focused VC Firm Polaris Targets $400 Million For 7th Fund


6/26/2014 4:06:57 PM

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Local venture capital firm Polaris Partners has started to raise its seventh fund, reports Fortune's Dan Primack.

The firm is aiming to raise around $400 million, which would be a small increase from Polaris’s sixth fund of $375 million, raised back in 2011. It’s still a far smaller sum than Polaris’s $1 billion fifth fund of 2005 and $900 million fourth fund of 2001, however, according to Primack.

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