• 11/26/2024

Venture Firm Portal Innovations Raises $100 Million, Targets Emerging Biomedical Hubs

Wall Street Journal

Biotechnology venture firm Portal Innovations has raised $100 million to invest in startups in Atlanta, Houston, Chicago and other cities that have top academic medical centers, but relatively few venture investors. Portal builds lab space in these cities and has raised the capital from real-estate investors seeking exposure to the biotechnology industry.

https://www.wsj.com/articles/venture-firm-portal-innovations-raises-100-million-targets-emerging-biomedical-hubs-19769f41