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Healthcare VC firm Initiate has a new $45M and has already founded five startups internally
Jessica Owens and Iana Dimkova, co-founders of Initiate Ventures, are launching their new healthcare/ life sciences-focused firm with a respectable $45
Jessica Owens and Iana Dimkova, co-founders of Initiate Ventures, are launching their new healthcare/ life sciences-focused firm with a respectable $45 million debut fund. Incubation “is a model that’s worked really well for life sciences in the past,” Dimkova said, citing firms like Flagship Pioneering, which launched Moderna. Prior to launching Initiate, Owens (pictured right above) co-founded Grail, an early cancer detection company that was acquired by Illumina in 2020 for $8 billion.
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