Ex-Moderna Leaders Launch $325M Venture Capital Fund for Platform Biotechs
Ascenta, a new biotech venture capital firm founded by former Moderna executives, has closed its inaugural fund at $325 million. The Florida-based company, led by Evan Rachlin, M.D., and Lorence Kim, M.D., aims to support platform biotechs in early clinical stages, focusing on companies with multiple-medicine platforms that balance risk through diversified pipelines.