Steve Jobs’ son to lead Emerson Collective’s oncology-focused VC firm Yosemite

Emerson Collective, the VC firm from billionaire Laurene Powell Jobs, has formed an oncology-focused investment fund that will be led by Reed Jobs, her son with the late Steve Jobs.

Starting with a first close of more than $200 million, and a projected total of $400 million penciled in on an SEC filing, Yosemite will provide grants for oncology research and help incubate therapeutics, diagnostics and digital health startups, Emerson said Tuesday.

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