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IndieBio’s Arvind Gupta Joins Mayfield, Will Lead New Alliance Using Capitalism And Biology To Do Good In The World
Global venture capital firm Mayfield announced today that IndieBio’s Arvind Gupta will join its firm to expand its engineering biology initiatives. In addition, Mayfield has partnered with SOSV, the parent firm of IndieBio, to found the Genesis Consortium, an alliance of funds and corporations to promote human and planetary evolution.
Gupta will remain a Venture Advisor at IndieBio, while Po Bronson will become its new Managing Director.
Leaving the $3.2 billion portfolio he helped build at IndieBio, Arvind Gupta joins Mayfield to create the Genesis Consortium
Arvind Gupta, the founder and head of IndieBio, is leaving the accelerator whose portfolio he helped build into a $3.2 billion life sciences powerhouse, to join the venture capital fund Mayfield.
The move is a signal both of Mayfield’s increasing commitment to invest in a thesis around human and planetary health, and of the growing importance of bio-engineering in the world of emerging technologies.
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