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Third Rock Ventures plots next chapter after raising $1.1 billion fund

  • Allison DeAngelis

By Allison DeAngelis June 15, 2022

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Abbie Celniker, Third Rock Ventures partner Third Rock Ventures

Third Rock Ventures has raised $1.1 billion for its largest-ever fund, the biotech venture capital firm announced Wednesday.

Third Rock, with offices in Boston and San Francisco, has been an institutional investor in the drug industry. Since 2007, it has invested in more than 60 companies, including gene-editing startup Editas Medicine and cancer diagnostic firm Thrive Earlier Detection Corp. 

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About the Author Reprints

Allison DeAngelis

Allison DeAngelis

Biotech Startups and Venture Capital Reporter

Allison DeAngelis is a biotech reporter at STAT, covering biopharma startups and venture capital.

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