How do biotech companies get funding? Short fast 1 minute answer!

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Biotech companies always face economical challenges in the first 10 years because their costs are very expensive and they need to cover all costs of experiments in the biotech lab and R&D sectors.

Venture capital investments are typically made after the startup stage. Venture capital funding in the biotech and life sciences sectors typically comes from venture capital firms that specialize in, and have an understanding of, the biotech or life sciences industries.