# AusperBio Raises $120M, Abcuro Secures $66M in Latest Biotech Fundraising Round

The Fierce Biotech Fundraising Tracker has recorded two new venture capital rounds exceeding $50 million. AusperBio added $120 million in funding, and Abcuro secured $66 million. The tracker logs all biotech venture capital rounds of $50 million or more.

These fundraising rounds reflect continued investor interest in the biotechnology sector. Large capital infusions typically support late-stage clinical trials, manufacturing scale-up, or commercial launch preparations. Such funding activity is a key indicator of sector health and can signal which therapeutic areas are attracting the most investment.

Source: [original report](https://www.fiercebiotech.com/biotech/fierce-biotech-fundraising-tracker-26)