Westlake Village BioPartners rakes in $500M for new funds
December 16, 2020
Early-stage investor Westlake Village BioPartners has raised $500 million across two new funds. The firm raised $70 million for its first opportunity vehicle, which will be used to make follow-on investments at the Series B stage or later. It also collected $430 million for its second flagship fund, which will go toward incubating and investing in startups at the Series A, B and later stages. Westlake was founded in 2018 and is based in the Los Angeles area.