MPM Capital Announces $100M Oncology Innovations Fund as Part of Novel Venture Philanthropy Collaboration with Dana-Farber Cancer Institute
Amount Raised
$100 Million
Round Type
Funding Round
United StatesDescription
MPM Capital (MPM) and Dana-Farber Cancer Institute have entered into a unique, first-of-its-kind, impact investing collaboration. The initiative partners fundraising for biotech venture capital investing with philanthropic fundraising for cancer research. This collaboration has successfully raised two funds: the MPM Oncology Innovations Fund (INV) with $100M in capital for creating and investing in early-stage biotech companies developing oncology therapeutic technologies; and the Dana-Farber Innovations Research Fund (IRF) with more than $26M in pledged donations to support early-stage oncology research at Dana-Farber.
Quick answer
Mpm Capital raised $100 Million in a Funding Round round, dated February 26, 2020. Mpm Capital is based in United States.
- How much did Mpm Capital raise?
- Mpm Capital raised $100 Million in a Funding Round round on February 26, 2020.
- What does Mpm Capital do?
- MPM Capital is a healthcare investment firm with over two decades of experience founding and investing in life-sciences companies that seek to translate scientific innovations into cures for major diseases.
- Where is Mpm Capital based and how big is it?
- Mpm Capital is based in United States.
- Who are the decision-makers at Mpm Capital?
- Fundz holds 3 contacts at Mpm Capital, including the Professional Services. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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