Lumira raises $220-million for Canadian biotech fund

Ontario Industry Updates
Written By Doriane Rey
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Lumira Ventures has raised the largest Canadian life sciences venture capital fund in two decades, drawing US$220-million from investors. But Lumira managing general partner Peter van der Velden called out Canada's pension plans outside of Quebec for failing to back the Toronto firm's fourth venture fund, or the teeming domestic life sciences sector as a whole.

Doriane Rey
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