Minnesota Cup Announces Finalists
Good Morning San Francisco

Minneapolis Venture Capital Firm Raises $375 Million

I cleaned out the change in my desk drawer and the ash tray and drink holders in my car, combined that with a cup of change and even though most of the quarters were gone (parking meters and the soda machine) I still crossed over the $100 amount.

   

The $375 million second round announcement by Thomas, McNerney & Partners is a whole lot of coins for investments in life sciences and med-tech companies. The firm has offices in Minneapolis, San Francisco and Stamford.

   

This is great news for the local market and follows last year’s announcement by Split Rock Partners of their $275 million fund.

Comments

The comments to this entry are closed.