Google backs I/O startup Arcus in $107M deal
Arcus Biosciences, with its intriguing cancer pipeline and big shot CEO, has been a VC favorite since its inception in 2015. Now, Google’s venture arm is backing the Bay Area startup in a new $107 million round, bringing the company’s total haul to a quarter billion in startup capital in two years.
The latest infusion of cash was led by GV (formerly Google Ventures), with top-tier VC funds lining up to join, including Wellington Management Company, EcoR1 Capital and others.
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