24-07-2025
- Business
- AU Financial Review
Brandon Capital defies VC funding drought to close $439m biotech fund
Biotech investor Brandon Capital has closed the largest venture capital fund of the year, after the federal government's National Reconstruction Fund tipped $150 million into its sixth fund to keep more of Australia's medical start-ups onshore.
Brandon Capital, Australia's biggest life science investment fund, has banked $439 million for the fund, known as Brandon Biocatalyst 6, after securing commitments from some of Australia's largest institutional investors including superannuation funds HESTA and Hostplus, and biotech giant CSL.
