Proximal Ventures announced on November 10, 2026 that its debut fund had closed at $27.5 million, exceeding its $25 million target, to invest in pre-seed and seed companies building AI-native infrastructure across the life-sciences value chain. The San Francisco-based independent venture firm was founded by Sahir Raoof in 2026. Strategic partners in Fund I include Domino Lane, SignalFire, Kleiner Perkins, Bertelsmann Healthcare Investments and PagsGroup, while individual investors include…