Press Release

Arboretum Ventures Closes $268 Million Sixth Fund

July 10, 2023

Palo Alto – July 10, 2023 – Cooley advised Arboretum Ventures, a healthcare venture capital firm, on the closing of its $268 million sixth fund. Partners John Clendenin and Rachel Goddard led the Cooley team.

This closing marks a major milestone for Arboretum, with its total capital under management now at $1 billion. Arboretum’s 60+ investments in medical devices, diagnostics, life sciences tools and information technology‐enabled healthcare services have impacted more than 16 million patients across the US. These investments have spanned a diverse set of disease areas, including oncology, cardiovascular and infectious diseases, pulmonology, urology, and orthopedics.

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