Login to Your Account

Financings Roundup

Facebook-Backing Venture Fund Dips a $10M Toe into Biotech

By Catherine Shaffer
BioWorld Today Contributing Writer

Tuesday, December 27, 2011
PharmacoFore Inc., of San Carlos, Calif., received a $10 million equity financing from a venture fund operated by magnates from the social networking world. Founders Fund partner Ken Howery was a co-founder of PayPal, and its roster of partners includes notable PayPal and Facebook execs. Companies in its portfolio include Facebook, Spotify and SpaceX.

To continue reading subscribe now to BioWorld Today

Learn More about BioWorld Today

Already a subscriber? Sign In or Buy now to activate your subscription