ST. LOUIS (March 24, 2021)
ST. LOUIS, MO (Mar. 24, 2021) – From the St. Louis Business Journal
RiverVest Venture Partners has added dry powder to its arsenal.
The Clayton-based venture capital firm on Tuesday said it has raised $275 million for its fifth life sciences fund. The new fund is RiverVest’s largest-ever, providing an amount of capital that co-founder and Managing Director Jay Schmelter said will allow the firm to bolster its investment strategy.