Tuesday, April 17, 2012

Harbert Venture Partners Halfway to Raise New $125 M Fund

According to a recent filing with the Securities and Exchange Commission, Harbert Venture Partners, a large venture capital firm focused on life science investments in the Southeast, is more than halfway to completing fundraising for a new $125 million fund.

This will be the firm's third fund. With its first two funds (closed in 2005 and 2009), Harbert invested more than $150 million in 24 early stage life science and technology companies, including Triangle-based CED Members Aldagen and nContact.

This news also covered on WRAL Tech Wire.

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