Canaan Partners Closes $600 Million Fund, Canaan IX

Global venture capital firm closes 9th fund to fuel investment in global healthcare and technology pioneers, bringing total capital under management to $3.5B

Canaan Partners, a multi-billion dollar, global venture capital firm, announced today the closing of a $600 million fund, Canaan IX. The new fund brings total capital under management to $3.5 billion and will enable the firm to continue backing visionary entrepreneurs who are building disruptive global companies in the technology and healthcare sectors.