Laser-focused on colorectal cancer test, Freenome wins $160M from marquee VC pack led by RA, Polaris
Days after closing RA Capital’s new $300 million fund dedicated to biotech startups, Peter Kochinsky is taking the wraps off a mega-round for cancer detection player Freenome.
RA Capital, where he is managing partner, has led the $160 million Series B with Polaris Partners, an investor from the prior $65 million round. Andreessen Horowitz, GV, Data Collective Venture Capital, Section 32 and Verily all came back for more, while new members were added to the well-heeled syndicate: Perceptive Advisors, Roche Venture Fund, Kaiser Permanente Ventures and the American Cancer Society’s BrightEdge Ventures, and T. Rowe Price Associates.
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