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The venture capital firm Brazen Capital has launched a fund to support academic researchers making a foray into the biotech industry. The firm has committed to back about three dozen health-care start-ups from preincorporation to preseed, with a focus on companies led by women, people of color, and LGBTQ+ people. Brazen also announced its first investment in Guardian Bio, a start-up that develops personalized cell therapies for cancer. Guardian officially accepted the investment over the social media platform TikTok.
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