Two billion euro vote of confidence in global biotech sector

20 April 2023

Two Dutch venture capital firms have raised over 2 billion euros ($2.2 billion), providing a fillip to lately foundering confidence in the biotech sector.

Dutch firm Forbion has announced its largest fundraising to date, with 750 million euros for the Forbion Ventures Fund VI and 600 million euros for the Forbion Growth Opportunities Fund II.

The announcement brings the total value of funds under management at Forbion to 3 billion euros, money which will be spent on distinct segments of the biopharmaceutical sector.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK