A small VC group expands its hunt for inspired biotech founders in need of seed cash
Civilization Ventures, a California-based VC fund that successfully bet on biotechs Rocket Pharmaceuticals and Singular Bio a few years ago, is bringing forth its next round of investments.
Founded by entrepreneur Shahram Seyedin-Noor, the company has closed a $35 million fundraise and announced Tuesday morning it plans to invest in three areas: diagnostics, synthetic biology and AI-related digital health. The new life sciences capital comes three years after Civilization’s first fund, an $8 million pool that saw Rocket go public through reverse merger and Singular be acquired by medical-genetics company Invitae.
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