California-based Data Collective, a venture capital (VC) firm, is seeking to secure $575 million for its fifth venture capital fund.

Recently, Data Collective invested in Texas-based Medical Informatics Corp.'s $11.9 million Series A financing round.

The firm, with $14.9 million in revenue annually, has raised a total of $637 million across seven funds.

In 2017, Data Collective landed $212 million in funding for its SynBioBeta Fund.