Venture Firm Venrock Bags $450 Million and is Hungry for Risky Biotech Deals

The venture partners at Venrock have an appetite for high-risk biotechs looking to break new ground. Now they have a new $450 million fund to satisfy themselves with a steady diet of new deals ahead.

Bryan Roberts, a partner specializing in healthcare who was in on Receptos early on — well before Celgene acquired it for $7.2 billion — used a blog post on the VC’s site to announce the new fund, Venrock’s 8th.

MORE ON THIS TOPIC