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Third Rock’s penchant for platforms, product engines

The firm has backed 11 companies since the start of 2021; none are single-asset plays

June 15, 2022 10:37 PM UTC

Third Rock Ventures has participated in 11 financings since the start of 2021, leading all five series A rounds that it funded. None of those portfolio companies are single-asset plays and nearly three quarters are developing technology platforms with broad utility.

The eight platform plays among Third Rock’s recent investments fall into two buckets: new modality platforms and discovery technologies...

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