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Three years after elevating $450 million, Andreessen is back with a fresh $750 million life sciences fund

Lifestyles sciences is mammoth replace in mission capital land and companies are elevating mammoth bucks to search out the companies that will lead the next healthcare revolution.

Chief amongst them is Andreessen Horowitz, which equipped its third life sciences fund with a $750 million final end earlier recently.

Andreessen went back to market now now not as much as than three years after closing its final fund, a $450 million funding agency that the agency raised in 2017. The agency’s first, $200 million life sciences fund closed in 2015.

Thus a ways, the agency, which is one in every of essentially the most successful fresh mission companies to return on the scene since its birth practically about eleven years within the past, has simplest had one exit from its life science portfolio — the $65 million acquisition of Jungla by the genetics attempting out agency, Invitae back in 2019.

Increasingly, there’s a leer amongst investors that the life sciences and healthcare revolution borne on the back of computational biology and programmable genetics will bring in a wave innovation which is ready to trade more than exact the healthcare industry.

As the agency wrote in its announcement of the fresh fund:

Bio is now now not the “subsequent fresh ingredient”—it’s turning into everything. Utility is now affecting now now not exact how we attain now now not exact one ingredient—cloning DNA, or engineering genes—however how we attain all of it across the board, blurring lines, breaking down feeble silos, changing our processes and replace objects. In diversified words, skills recently is bettering all our present tools and data, affecting every decision we invent, from study to construction to deployment—and how we safe admission to, pay for, and skills healthcare.


And it’s now now not exact gadget. What’s skills if fact be told? It’s solutions and route of. It’s a shift to an engineering mindset for relentless iteration and incessant development; modular substances that could well presumably additionally additionally be remixed and reused, and enhancements that accrue and compound over time. Tech offers us tools beyond exact gadget—precise data streams to recount our health, circuits to program cells, scalpels to edit DNA, and the skill to beget programmable, living medicines. Our point of curiosity is now now not exact on the groundbreaking outputs of this shift, from unique gene and cell therapies to digital therapeutics and digital care objects, however on the underlying manner and drivers that created these breakthroughs. Right here’s why it doesn’t work to merely tack on AI, or exact insert tech into an established company. In account for to re-program total methods and re-imagine fresh approaches to very huge challenges, whether these are biological, or man-made, or now now not it’s fundamental to rethink the route of from the bottom up.

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