Lundbeckfonden Ventures is an evergreen venture fund that was founded in 2009 and is entirely owned by the Lundbeck Foundation. It invests in life science companies and focuses on projects and companies close to or in clinical development.
Lundbeckfonden Ventures is a venture fund generating returns to support the group's activities and operating independently from the Lundbeck Foundation controlling ownerships in H. Lundbeck A/S, ALK-Abelló and Falck.
The Lundbeck Foundation is a Danish foundation that was founded in 1954 by Grete Lundbeck and is worth over DKK 60 billion. They award research grants of around DKK 500 million each year to Danish-based, biomedical sciences research, primarily in the field of brain research.
Lundbeckfonden invests in biotechnology and medical companies worldwide with annual investments of 350 to 400 million Danish kroner.The company invests at early and late venture stage.
Lundbeckfonden Ventures is an evergreen life science venture capital firm in Copenhagen that invests in early and late stage ventures. Established in the autumn of 2009 and wholly owned by Lundbeck Foundation, it offers flexible and long-term investments. It typically invests in Series B, Series A, Series C, and in post-IPO equity. Its portfolio companies include Spero Therapeutics, SANIFIT, Reneo Pharmaceuticals, Aura Biosciences, River Vision Development, Vtesse, Ziarco, Celladon and Asante Solutions.
Since 2009, the company has invested in 31 life science companies in the US and Europe, and have an active portfolio of about 20 companies representing a wide range of therapeutic areas. It invests around DKK 350 to 400 million annually.
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- Venture capitalA form of financing or funding for emerging companies. Investment on early-stage companies in exchange for equity in the companies they invest in.
- The Lundbeck FoundationThe Lundbeck Foundation is one of Denmark’s largest industrial foundations with annual grants for biomedical research of more than DKK 500 million.