Clarus Ventures has set out to raise $375 million for a new life sciences VC fund, according to multiple reports, including a San Francisco Business Times report.
Clarus Ventures is a healthcare VC firm with offices in Cambridge, Mass., and South San Francisco, Calif. It presently manages $1.2 billion of assets across two funds, according to its website.
Clarus has invested in more than 40 private and public companies in the biotechnology, medical device and diagnostic spaces. View its portfolio.