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Vijay Pande, a general partner of Andreessen Horowitz who founded the company’s A16z + health strategy of the company, announcement That he withdraw from his role.
Since its foundation in 2014, A16Z Bio + Health has collected four funds of almost $ 3 billion each, including a fund of $ 1.5 billion which has closed in 2022. However, it is now looking for a much smaller Fifth fund of $ 750 millionReported the Wall Street Journal. In January, A16z Bio + Health announced that it would manage a $ 500 million biotechnology funds Funded by the pharmaceutical giant Eli Lilly.
A16Z Bio + Health supports startups and digital health companies at the intersection of AI, calculation and biology.
Pande investments include dedicated health, an individualized medical plan supplier; Function Health, a personalized laboratory test startup; And Freenome, a company to detect cancer by blood samples. Before joining Andreessen Horowitz, Pande was a professor of chemistry, structural biology and computer science at the University of Stanford.
The remaining partners of the organic health team + A16z are Jorge Conde, Julie Yoo and Vineeta Agarwala.
