Otello Stampacchia. Omega Funds

Af­ter sev­er­al high pro­file start­up launch­es, om­niv­o­rous Omega Funds clos­es $438M fund to pur­sue more deals

Omega Funds likes to work back­wards. It in­vests with the end game — de­not­ed by the Greek let­ter in its name — in mind, and it keeps tabs on the num­ber of mar­ket­ed med­ical prod­ucts that cul­mi­nate from its ven­tures: 37 in 16 years.

So when founder and man­ag­ing di­rec­tor Otel­lo Stam­pac­chia de­clares it’s the most ex­cit­ing time to be in­vest­ing in life sci­ences in a gen­er­a­tion, it’s per­haps on­ly nat­ur­al that Omega has closed its largest fund to date. With $438 mil­lion in to­tal com­mit­ments for Fund VI, the firm will con­tin­ue in­ject­ing cap­i­tal in­to a broad swath of com­pa­nies across the US and Eu­rope.

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