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Biovance Capital Partners. (5/16/24). "Press Release: Biovance Capital Is the First Ever Investment in a Portuguese Life Sciences VC Fund by the EIF".
Region | Portugal | |
Organisation | Biovance Capital Fund I FCRF | |
Group | Biovance Capital (Group) | |
Organisation 2 | European Investment Fund (EIF) | |
Group | EU (govt) | |
Product | Biovance Capital Fund I FCRF | |
Product 2 | business development (state/region) | |
Index term | Biovance Capital–EU (govt): investment, 202407 1st closing totalling €51m of Biovance Capital Fund I incl investor EIF | |
Index term 2 | Biovance Capital–Portugal (govt): investment, 202407 1st closing totalling €51m of Biovance Capital Fund I incl investor BPF | |
On it’s annual report (link), the EIF has disclosed the signing of “the first ever investment in a Portuguese life sciences VC fund (Biovance Capital Fund I)”. The report further details that this investment is in “line with EIF’s strategy to support first-time and emerging teams, particularly in peripheral Europe, thereby reducing geographical disparities in the European LS VC ecosystem. The investment was made in partnership with Banco Portugues de Fomento.”
Biovance aims to invest in disruptive, early-stage biopharma companies across Europe, with a focus in Portugal, Spain and Italy, supporting the development of truly transformational therapies across all modalities and disease areas.
Record changed: 2024-09-12 |
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More documents for Biovance Capital (Group)
- [1] Biovance Capital Partners. (7/9/24). "Press Release: Biovance Capital Partners Announces First Closing of Its New Biotech Fund at €51 million". Lisbon....
- [2] Biovance Capital Partners. (7/10/23). "Press Release: New Venture Capital Company Biovance Capital Partners Launches". Lisbon....
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