Panacea closes debut China healthcare fund at $180m
Panacea Venture, a Chinese GP founded by KPCB alumnus James Huang that specializes in early-stage healthcare investments, has closed its debut fund at approximately $180 million.
The vehicle, which launched 12 months ago with a target of $150 million, received commitments from family offices, endowments, sovereign wealth funds, pension funds, and fund-of-funds across Asia, the...
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