Canaan

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 1
Average round size
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The average size of a deal this fund participated in
$75M
Portfolio companies 1
Lead investments 0

Areas of investment

  • Biotechnology
  • Health Care
  • Personal Health
  • Pharmaceutical

Notable deals

CompanyIndustryRoundRound SizeDateInvestorsLocation

PACT Pharma

Biotechnology
Health Care
Personal Health
Pharmaceutical
Late Stage Venture
75M11 Jan 2020 United States, Hayward
News
TrueFort Closes $30M Series B Round for Zero Trust Platform that Turns Application Intelligence Against Attackers
– TrueFort announced a $30m Series B round of financing led by Shasta Ventures with the participation of Canaan and existing investors Evolution Equity Partners, Lytical Ventures and Emerald Development Managers. – As part of the financing round, Nitin Chopra, Managing Director at Shasta Ventures, is joining the company’s board of directors. – The financing will support hiring across the company, expanded go-to-market activities and multiple R&D initiatives, including offerings that help enterprises better ... Read more

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