Section 32 Announces $740M Fourth Fund

November 4, 2021Client News

Gunderson Dettmer represented client Section 32 in the formation of its $740 million fourth fund, Section 32 Fund 4, L.P. The new fund will enable the firm to scale up its investments in companies focused on technology and healthcare.

In the announcement of the transaction, founder of Section 32 Bill Maris said, “What a privilege it is to close this fourth fund, and to thus have the continued opportunity to try to use capital as a lever to accelerate the profound positive impact technology can have on healthcare and humanity.”

The Gunderson deal team was led by Sean Caplice and included Jaime Narayan, Christopher Partin, Amanda Chan, Lynsey Anderson, Debbie Goodere, and Annmarie Beers.

Section 32