Photo illustration: Axios Visuals. Photo: Courtesy of Modi Ventures
Modi Ventures, led by solo general partner Sahir Ali, raised $88 million for its second fund this summer to invest in what he calls the "biostack" — enterprises at the intersection of tech and biology.
Why it matters: Modi doesn't just invest in life sciences companies; it also puts money into other funds, like Flagship Pioneering and RTW Royalty Fund.