Westlake Village BioPartners Launches Two Funds Totaling $500M
Summary
Los Angeles area, CA-based venture capital firm Westlake Village BioPartners has launched two new funds totaling $500m. The new vehicles will enable the firm to build and invest in promising life sciences companies with transformative human therapeutic technologies. Co-founded by managing directors Beth Seidenberg, MD, and Sean Harper, MD, Westlake Village BioPartners is focused on incubating and building life sciences companies with entrepreneurs who have the potential to bring transformative therapies to patients. Westlake has been working with Alexandria Real Estate Equities, Inc., an owner, operator, and developer of life sciences campuses in the nation’s top innovation clusters, to build out laboratory and office space in the greater Los Angeles area. Westlake’s first fund, established in 2018, has invested in or incubated 11 companies to date, with more than half in the Los Angeles area.