QB3 Seeks to Raise $15M to Support Spinout Bioscience Firms

Oct 16, 2009

NEW YORK (GenomeWeb News) - The California Institute for Quantitative Biosciences, or QB3, is looking to raise $15 million for its spinout companies through a new venture capital fund created for that purpose.

Mission Bay Capital LLC is seeking to sell $8.9 million in securities after selling just over $6 million in a first sale on Aug. 26, according to its Notice of Exempt Offering of Securities, or "Form D", filed with the US Securities and Exchange Commission.

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