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Flagship Ventures Raises $137M For VC Fund

Cambridge’s Flagship Ventures has raised a total of $136.7 million for its fourth venture capital fund.

    Cambridge’sFlagship Ventureshas raised a total of $136.7 million for its fourth venture capital fund,Business Journalreports. The firm is targeting a fund size of $250 million.

    Established in 2000, Flagship invests in life sciences, energy and material sciences start-up firms. Its previous vehicle closed in 2007 at $260.5 million.

    Click here for the story fromBusiness Journal.

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