Advertisement
Organisation › Details
Wellington Partners Life Science Fund V (WPLS-V)
Wellington Partners, a leading European venture capital firm investing in early- and growth-stage life science companies, 31 July 2019 announced the final close of its fifth-generation fund Wellington Partners Life Science Fund V (WPLS-V). The fund closed at EUR 210 million, making it the largest life science dedicated fund raised by Wellington Partners to date. WPLS-V will build a portfolio of approximately 15-20 companies, ranging in focus from novel biotechnology platforms, new therapeutics and medical devices, including selected investments in diagnostics and digital medicine. Like its predecessor fund, WPLS-IV, the new fund will primarily target opportunities in Europe with a particular focus on German speaking areas but will also selectively consider opportunities in North America or Asia. All of the fund’s investments will target substantial improvements to current medical practice for the benefit of patients, practitioners, and payors alike. WPLS-V attracted international investment from new blue-chip investors including KfW Capital, Talanx and US-based UTIMCO, the University of Texas/Texas A&M Investment Company. Existing investors European Investment Fund and the European Investment bank also participated in the fund. *
Start | 2019-07-31 closing, final | |
Group | Wellington Partners (Group) | |
Industry | Wellington Partners Life Science Fund V (WPLS-V) | |
Industry 2 | LIFE SCIENCES | |
Person | Hodits, Regina (Wellington Partners 201101– General Partner before part-time advisor before Atlas Venture until 201001) | |
Person 2 | Strohmenger, Rainer (Wellington Partners Venture Capital 201303 General Partner) | |
Region | München (Munich) | |
Country | Germany | |
Street | 5 Türkenstr. | |
City | 80333 München | |
Tel | +49-89-219941-0 | |
Address record changed: 2020-12-02 | ||
Basic data | Employees | n. a. |
Currency | EUR | |
Annual sales | 210,000,000 (fund size at closing (2019) 2019-07-31) | |
* Document for »About Section«: Wellington Partners. (7/31/19). "Press Release: Wellington Partners Raises EUR 210 Million Life Science Fund". | ||
Record changed: 2023-12-30 |
Advertisement
More documents for Wellington Partners (Group)
- [1] Seamless Therapeutics GmbH. (3/16/23). "Press Release: Seamless Therapeutics Launches with $12.5M Seed Financing to Advance Transformative Gene Editing Platform Based on Programmable Precision Designer Recombinases". Dresden....
- [2] Aignostics GmbH. (9/15/22). "Press Release: Aignostics Raises €14m Series A to Advance AI-powered Pathology". Berlin....
- [3] Adrenomed AG. (1/4/21). "Press Release: Adrenomed Supervisory Board Appoints Dr. Wolfgang Baiker as CEO". Hennigsdorf....
- [4] Adrenomed AG. (11/30/20). "Press Release: Adrenomed Closes EUR 22 Million Equity Financing to Accelerate Development of Adrecizumab (HAM8101) and Provides Business Update". Hennigsdorf....
- [5] Sidekick Health. (10/28/20). "Press Release: Sidekick Raises $20M in Series A Funding Round Led by Wellington and Asabys". Barcelona, Munic & Reykjavik....
- [6] NBE Therapeutics AG. (8/10/20). "Press Release: NBE-Therapeutics Appoints Erich Schlick as Chairman of the Board of Directors". Basel....
- [7] Wellington Partners. (1/8/20). "Press Release: Karl Naegler Joins Wellington Partners as Managing Partner". Munich....
- [8] Wellington Partners. (7/31/19). "Press Release: Wellington Partners Raises EUR 210 Million Life Science Fund"....
- [9] Confo Therapeutics N.V.. (5/7/19). "Press Release: Confo Therapeutics Raises €30 Million in Series A Financing". Ghent....
- [10] Snipr Biome ApS. (3/11/19). "Press Release: Snipr Biome Raises $50 Million Series A Financing to Advance CRISPR-based Microbiome Drugs to Human Clinical Trials". Copenhagen....
To subscribe to our free, monthly newsletter for the European life sciences, please send an e-mail to info@iito.de 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]
Advertisement
» top