Iris Dorbian

Merrill joined Genoa in June 2021.

Susquehanna Growth Equity led the round.

The fund will back early-stage SaaS companies within the managed service provider (MSP) sector.

A1 Health Ventures led the round with participation from existing investor UPMC Enterprises.

Rhino Ventures led the round.

The capital infusion will be used to progress internal programs into clinical trials and further enhance Terray’s integrated AI platform, tNova.

Fund IV will invest in early-stage science-driven companies.

Investors include the Firefighters' Pension Investment Fund, which committed $60m, and the Development Bank of Japan, which committed an undisclosed amount.

Heyman is now co-managing partner of JPMorgan Growth Equity Partners, which closed on a $1bn fund last year.

Forbion Growth Opportunities III raised €1.2 billion and Forbion Ventures VII raised €890 million.