Picture EBD Group World of Partnering Opportunities 650x100px
Document › Details

Novalis Biotech. (11/23/20). "Press Release: Novalis Biotech Announces First Closing of Its Second Healthcare Fund. €8 Million Raised for Novalis Biotech Acceleration Fund". Ghent.

Organisations Organisation Novalis Biotech Incubation fund
  Group Novalis Biotech (Novalis Comm VA) (Group)
  Organisation 2 BioLizard N.V.
  Group BioLizard (Group)
Products Product fund, human health
  Product 2 digital health (healthcare informatics)
Person Person Van den Berghe, Jan (Novalis Biotech 202205 Manaing Director + Co-Founder formerly Genohm 201503)

Novalis Biotech, an early stage venture capital investor in technologies to revolutionize healthcare, announced today the successful first closing of its second fund, Novalis Biotech Acceleration, raising an initial €8 million. With commitments for a similar amount already in place, Novalis anticipates a final closing in early 2021. The majority of investors in Novalis’ first fund have co-invested in this first closing.

“We have already doubled our first fund in this closing and with the commitments in place we are almost fully subscribed to reach our goal of €25 million. With the addition of a couple new investors, we remain on track to fully close the Acceleration Fund in early 2021,” said Jan Van den Berghe, co-founder of Novalis.

For the Novalis Acceleration Fund, investments will be split between approximately 10 early stage incubation projects and about 10 acceleration projects, where the investment in each company is larger. Two initial investments have been identified and will close in the near future.

Novalis’ investment strategy creates a unique ecosystem for healthcare start-ups based on solid foundations of strong scientific and business expertise. The company provides hands-on support for start-ups, allowing an idea to be built into a successful company. In today’s disruptive world of new technologies in healthcare like genomics, bioinformatics, diagnostics, personalized medicine, Novalis’ vision is to bring better healthcare for patients.

Novalis invests early and focuses on capital light ideas, where a relatively small investment can create significant value through the use of software, IP, tools, and other technology that can serve and benefit healthcare. Leveraging extensive academic networks, Novalis translates innovation to viable companies that able to deliver on the founding scientific promise.

“Our investment strategy for Fund 1 was very successful. Each company brings a unique perspective to healthcare, many of which are based on our own ideas,” said Wim van Criekinge. “We will continue this strategy into the Acceleration Fund as well as look at companies where our investment will drive process. There are already a number of companies we have identified for investment as well as plans to incubate a further company based on our internal assessments.”

Novalis Fund 1 totalled €4 million that was deployed into eight companies, mostly in the Benelux region, which focused on genomics, bioinformatics and digital health. These include BioLizard, Cergentis, Enzyre, Epify, Fertiga, myNEO and Geographically, the exception was its investment in, a digital health company based in the U.S. For Fund 2, Novalis will expand to other areas in Europe and make additional investments in the U.S.

About Novalis

Novalis provides seed funding and ongoing support to biotechnology and life sciences companies. Novalis incubates and advances its own ideas or supports existing innovative life science start-ups. The company’s core competence lies in the interaction between bioinformatics, genomics, and digitalization in the life sciences industry. Novalis strongly believes in applying innovative information technology to advance the prevention, diagnosis, or treatment of a disease. For more information, please visit


Jan Van den Berghe

Mike Sinclair (media)
Halsin Partners
+44 20 7318 2955

Record changed: 2023-06-05


Picture Berlin Partner Voices Martin Rahmel TU Berlin GreenChem 650x200px

More documents for Novalis Biotech (Novalis Comm VA) (Group)

To subscribe to our free, monthly newsletter for the European life sciences, please send an e-mail to and simply fill the subject line with the word »LSE Newsletter«

Find more infos about advertising at [iito] web portals in our media flyer [iito] in a Nutshell [PDF file]


Picture Berlin Partner Voices Martin Rahmel TU Berlin GreenChem 650x300px

» top