Vijay Pande, founding accomplice of a16z bio and well being technique, steps down

Vijay Pande, a normal accomplice at Andreessen Horowitz who based the agency’s a16z Bio+ Well being technique, introduced that he’s stepping down from his function.

Since its founding in 2014, a16z Bio+ Well being has raised 4 funds of almost $3 billion every, together with a $1.5 billion fund that closed in 2022. Nevertheless, it’s now in search of a a lot smaller $750 million fifth fund, The Wall Road Journal reported. In January, a16z Bio+ Well being introduced that it’ll handle a $500 million biotech fund funded by pharmaceutical big Eli Lilly.

a16z Bio + Well being backs digital well being startups and corporations on the intersection of AI, computation, and biology.

Pande’s investments embody Devoted Well being, an individualized medical plan supplier; Perform Well being, a personalised lab testing startup; and Freenome, an organization aiming to detect most cancers via blood attracts. Earlier than becoming a member of Andreessen Horowitz, Pande was a professor of chemistry, structural biology, and pc science at Stanford College.

The remaining companions on the a16z Bio + Well being staff are Jorge Conde, Julie Yoo, and Vineeta Agarwala.