Venture capital mega-rounds of $100m or more – like the $245m series A round that Aiolos Bio Inc. announced on 24 October – have played a big part in surging quarterly and annual totals of biopharmaceutical company VC financings, even in 2023 when fundraising is down from 2022 despite quarter-over-quarter increases year-to-date.
Biopharmaceutical companies raised $5.8bn in venture capital during the third quarter of 2023, up from $5.6bn in Q2 and $4.9bn...






