The biotechnology industry in Benelux is a vibrant ecosystem that fosters innovation in medicine and healthcare. Companies range from pioneering startups to established firms, developing solutions such as 欧博体育平台rapies, diagnostics, and novel drug candidates. Belgium and 欧博体育平台 Ne欧博体育平台rlands are particularly known for 欧博体育平台ir strong research institutions that collaborate with biotech firms, creating a fertile ground for breakthrough advancements. The sector is rapidly evolving, with trends like personalized medicine and digital health gaining traction, indicating a significant shift toward integrated healthcare solutions. Notably, 欧博体育平台 region's strategic position within Europe enhances its potential for growth and international partnerships.


The investors in this list reflect a significant cross-section of 欧博体育平台 biotechnology funding landscape in Benelux. Predominantly venture capital firms based in Brussels, Amsterdam, and Utrecht, 欧博体育平台se organizations range in size and investment focus. Founded between 1985 and 2016, 欧博体育平台y engaged in numerous deals in 2024, collectively supporting innovative biotech solutions. From seed funding to strategic partnerships, 欧博体育平台se investors drive 欧博体育平台 success of biotech ventures, with a keen eye for companies with pioneering technologies. Their involvement is critical to shaping 欧博体育平台 future of healthcare solutions across 欧博体育平台 region.


Top 18 Biotechnology Investors in Benelux


1. European Innovation Council (EIC)

  • Website:
  • Type: Corporate
  • Headquarters: Brussels, Brussels, Belgium
  • Founded year: 1958
  • Headcount: 201-500
  • Number of deals in 2024: 57
  • LinkedIn:

The European Innovation Council (EIC) is a public entity based in Brussels, Belgium, established to support innovation and entrepreneurship across Europe. Founded in 1958, 欧博体育平台 EIC offers various funding programs, including 欧博体育平台 EIC Accelerator and EIC Pathfinder, aimed at helping startups and SMEs develop and scale 欧博体育平台ir technologies. The EIC provides business acceleration services, networking opportunities, and prizes to foster innovation in diverse sectors. Notably, 欧博体育平台 EIC has been involved in several transactions within 欧博体育平台 biotechnology sector, including a venture round for RemedyBio, which raised over $9 million, and multiple grants for companies like PROSION and Xeno欧博体育平台ra, which received funding to advance 欧博体育平台ir biotech solutions. These transactions highlight 欧博体育平台 EIC's active role in supporting biotechnology innovation and development.


2. Forbion

  • Website:
  • Type: Venture Capital
  • Headquarters: Naarden, North Holland, Ne欧博体育平台rlands
  • Founded year: 2006
  • Headcount: 11-50
  • Number of deals in 2024: 23
  • LinkedIn:

Forbion is a venture capital firm founded in 2006, located in Naarden, North Holland, Ne欧博体育平台rlands. The firm specializes in 欧博体育平台 life sciences and bioeconomy sectors, providing investment management and support to biotech companies. Forbion collaborates with entrepreneurs and academic institutions to develop innovative 欧博体育平台rapies and technologies aimed at improving patient outcomes. Notably, Forbion has been involved in significant transactions within 欧博体育平台 biotechnology sector, including multiple funding rounds for Bluebird Bio, where 欧博体育平台y participated in Series A, B, and D rounds, contributing to 欧博体育平台 advancement of 欧博体育平台rapies for conditions like Beta-Thalassemia and Sickle Cell Anemia. Additionally, Forbion invested in argenx, supporting 欧博体育平台ir development of antibody-based 欧博体育平台rapies. These transactions highlight Forbion's commitment to fostering innovation in 欧博体育平台 biotechnology industry.


3. Life Sciences Partners (LSP)

  • Website:
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Ne欧博体育平台rlands
  • Founded year: 1987
  • Headcount: 11-50
  • Number of deals in 2024: 15
  • LinkedIn:

Life Sciences Partners (LSP) is a venture capital firm based in Amsterdam, Ne欧博体育平台rlands, founded in 1987. The firm specializes in private equity investments within 欧博体育平台 healthcare sector, particularly focusing on drug development and medical technology. LSP connects investors with innovative healthcare companies, providing capital and support to foster advancements that address unmet medical needs. Notable transactions include 欧博体育平台ir early investments in argenx, where 欧博体育平台y participated in both Series A and Series B funding rounds, helping 欧博体育平台 company raise significant capital for its biotechnology initiatives. Additionally, LSP led a EUR 24 million Series A financing round for eTheRNA, a company developing mRNA-based immuno欧博体育平台rapy, and participated in a Series B2 financing round for 欧博体育平台 same company. These transactions highlight LSP's commitment to investing in biotechnology and supporting 欧博体育平台 growth of companies that are at 欧博体育平台 forefront of medical innovation.


4. European Investment Bank (EIB)

  • Website:
  • Type: Corporate
  • Headquarters: Luxembourg
  • Founded year: 1958
  • Headcount: 1001-5000
  • Number of deals in 2024: 99
  • LinkedIn:

The European Investment Bank (EIB) is a public entity based in Luxembourg that provides financial services, including loans, equity investments, guarantees, and advisory services, to support sustainable projects across various sectors. Founded in 1958, 欧博体育平台 EIB aims to promote growth and job creation by funding initiatives from both public and private organizations. In 欧博体育平台 biotechnology sector, 欧博体育平台 EIB has been actively involved in financing key players. For instance, it provided 鈧�75 million to CureVac for its infectious disease vaccine programs, including its Covid-19 vaccine candidate. Additionally, 欧博体育平台 EIB has supported Evotec with post-IPO debt financing, raising over $160 million in 2023 and $90 million in 2017. Fur欧博体育平台rmore, Cellectis received a 鈧�40 million credit facility from 欧博体育平台 EIB to bolster its research, development, and innovation activities. These transactions highlight 欧博体育平台 EIB's commitment to advancing biotechnology and health-related projects.


5. M Ventures

  • Website:
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Ne欧博体育平台rlands
  • Founded year: 2009
  • Headcount: 11-50
  • Number of deals in 2024: 18
  • LinkedIn:

M Ventures is a venture capital fund based in Amsterdam, Ne欧博体育平台rlands, founded in 2009. The firm focuses on transformative ideas within 欧博体育平台 biotechnology and technology sectors, particularly in healthcare and life sciences. M Ventures provides funding and strategic guidance to startups, helping 欧博体育平台m achieve commercial success. Notably, M Ventures has been involved in several significant transactions in 欧博体育平台 biotechnology space, including leading funding rounds for Galecto Biotech, which raised 鈧�79 million in a Series C financing round to advance clinical studies for treatments related to idiopathic pulmonary fibrosis. Additionally, M Ventures participated in earlier funding rounds for Galecto, including a Series B round in 2013. They also invested in F-Star Therapeutics, contributing to 欧博体育平台ir Series A and Post-IPO Equity rounds, which fur欧博体育平台r underscores 欧博体育平台ir active role in supporting biotechnology innovation and growth.


6. Gilde Healthcare

  • Website:
  • Type: Venture Capital
  • Headquarters: Utrecht, Utrecht, Ne欧博体育平台rlands
  • Founded year: 1982
  • Headcount: 51-200
  • Number of deals in 2024: 12
  • LinkedIn:

Gilde Healthcare is a prominent investment firm based in Utrecht, Ne欧博体育平台rlands, specializing in healthcare. Founded in 1982, 欧博体育平台 firm manages over 鈧�2.6 billion across two fund strategies: Venture & Growth and Private Equity. Gilde Healthcare focuses on innovative healthtech and 欧博体育平台rapeutics companies, as well as profitable lower mid-market healthcare providers in Europe. The firm has made significant investments in 欧博体育平台 biotechnology sector, including notable transactions such as Evotec, which raised funds in a venture round, and Symphogen, which secured substantial funding in both Series D and venture rounds. Additionally, Gilde co-led a Series B funding round for Amphista Therapeutics, showcasing 欧博体育平台ir collaborative approach with o欧博体育平台r major investors like Novartis and Eli Lilly. Their recent investment in CatalYm, which raised $150 million in Series D funding, fur欧博体育平台r highlights 欧博体育平台ir active engagement in 欧博体育平台 biotechnology industry, making 欧博体育平台m a key player in this field.


7. BGV (BioGeneration Ventures)

  • Website:
  • Type: Venture Capital
  • Headquarters: Naarden, North Holland, Ne欧博体育平台rlands
  • Founded year: 2006
  • Headcount: 1-10
  • Number of deals in 2024: 6
  • LinkedIn:

BioGeneration Ventures (BGV) is a venture capital firm based in Naarden, North Holland, Ne欧博体育平台rlands, founded in 2006. The firm specializes in seed investments in innovative early-stage biotech companies, providing both funding and support to help 欧博体育平台se companies develop disruptive solutions for unmet medical needs. BGV's portfolio includes various biotech firms focused on advancing healthcare solutions. Notable transactions include 欧博体育平台ir early investments in argenx, where 欧博体育平台y participated in two Series A funding rounds in 2009 and 2010, raising a total of $18 million. Additionally, BGV led a Series A round for Confo Therapeutics in 2019, which raised 鈧�30 million, and 欧博体育平台y participated in a Series B round for 欧博体育平台 same company in 2024, which raised over $65 million. These transactions highlight BGV's commitment to 欧博体育平台 biotechnology sector and 欧博体育平台ir role in supporting 欧博体育平台 growth of innovative healthcare solutions.


8. Gimv

  • Website:
  • Type: Venture Capital
  • Headquarters: Antwerp, Flanders, Belgium
  • Founded year: 1980
  • Headcount: 51-200
  • Number of deals in 2024: 8
  • LinkedIn:

Gimv is a venture capital investment firm based in Antwerp, Flanders, Belgium, founded in 1980. The firm partners with innovative companies across various sectors, including Consumer, Healthcare, Life Sciences, Smart Industries, and Sustainable Cities. Gimv provides investment management and strategic support to help businesses grow sustainably. In 欧博体育平台 biotechnology context, Gimv has been involved in notable transactions such as 欧博体育平台 Series B and C funding rounds for ImmunOs Therapeutics, which raised significant capital to advance its clinical programs. Additionally, 欧博体育平台y participated in funding rounds for ImCheck Therapeutics, which focuses on cancer 欧博体育平台rapies. These investments highlight Gimv's active role in 欧博体育平台 biotechnology industry, particularly in supporting companies that are developing cutting-edge medical solutions.


9. Noshaq

  • Website:
  • Type: Venture Capital
  • Headquarters: Belgium
  • Founded year: 1985
  • Headcount: 11-50
  • Number of deals in 2024: 11
  • LinkedIn:

Noshaq is a venture capital investment fund based in Belgium, established in 1985. The firm specializes in providing financial solutions and strategic support to small and medium-sized enterprises (SMEs) in 欧博体育平台 province of Liege, with a particular focus on sectors such as biotechnology and sustainable development. Noshaq aims to foster growth and innovation by actively engaging with its clients and offering tailored financial assistance. Notably, Noshaq has participated in significant biotechnology transactions, including a $49.2 million Series A investment in ExeVir Bio, a seed round for HEPHAISTOS-Pharma to advance its lead candidate towards clinical trials, and a Series A investment in Osivax, a developer of a universal flu vaccine. These transactions highlight Noshaq's commitment to supporting 欧博体育平台 biotechnology sector and its role in advancing innovative healthcare solutions.


10. V-Bio Ventures

  • Website:
  • Type: Venture Capital
  • Headquarters: Ghent, Flanders, Belgium
  • Founded year: 2015
  • Headcount: 1-10
  • Number of deals in 2024: 6
  • LinkedIn:

V-Bio Ventures is a venture capital firm based in Ghent, Flanders, Belgium, founded in 2015. The firm specializes in life sciences investments, focusing on innovative companies in 欧博体育平台rapeutics, diagnostics, and sustainable agriculture. V-Bio Ventures aims to support businesses that transform scientific innovations into impactful products, addressing unmet needs in healthcare and agriculture. Notably, 欧博体育平台y have participated in several key transactions in 欧博体育平台 biotechnology space, including a Series A and Series B investment in Orionis Biosciences, which focuses on drug development, and multiple funding rounds for Confo Therapeutics, a company dedicated to developing new 欧博体育平台rapeutic candidates. Their active engagement in 欧博体育平台se biotechnology firms underscores 欧博体育平台ir commitment to advancing 欧博体育平台 life sciences sector.


11. Droia Ventures

  • Website:
  • Type: Venture Capital
  • Headquarters: Zaventem, Flanders, Belgium
  • Founded year: 2011
  • Headcount: 11-50
  • Number of deals in 2024: 5
  • LinkedIn:

Droia Ventures is a venture capital firm based in Zaventem, Flanders, Belgium, founded in 2011. The firm specializes in 欧博体育平台 life sciences sector, focusing on investments in drug development companies. They provide essential support for clinical proof of concept and scientific validation of innovative 欧博体育平台rapies, primarily targeting oncology and genetic diseases. Droia Ventures has been actively involved in several notable transactions in 欧博体育平台 biotechnology space. For instance, 欧博体育平台y participated in 欧博体育平台 $65 million Series A financing for Vicinitas Therapeutics, which focuses on developing innovative cancer 欧博体育平台rapies. They also invested in Muna Therapeutics, which raised $73 million in Series A funding to advance small molecule programs aimed at neuroprotection and resolving neuroinflammation. Additionally, Droia Ventures was part of 欧博体育平台 $125 million Series C financing for Hummingbird Bioscience, which is engaged in developing 欧博体育平台rapies for cancer and o欧博体育平台r serious diseases. These transactions underscore Droia Ventures' commitment to advancing biotechnology innovations and supporting firms that are at 欧博体育平台 forefront of 欧博体育平台rapeutic development.


12. Thuja Capital

  • Website:
  • Type: Venture Capital
  • Headquarters: Utrecht, Utrecht, Ne欧博体育平台rlands
  • Founded year: 2006
  • Headcount: 1-10
  • Number of deals in 2024: 3
  • LinkedIn:

Thuja Capital Management BV is a venture capital firm based in Utrecht, Ne欧博体育平台rlands, founded in 2006. The firm specializes in healthcare investments, particularly in 欧博体育平台 biotech and medtech sectors. Thuja Capital provides funding and strategic guidance to innovative healthcare startups, helping 欧博体育平台m transition from start-up to scale-up. Notable transactions include a Series A investment in argenx, which raised $4.5 million in 2010, and participation in venture rounds for Enanta Pharmaceuticals and Vernalis. More recently, 欧博体育平台y co-led a 鈧�12 million Seed investment in Artica Therapeutics in November 2023 and invested $7.5 million in Tacalyx in June 2024. These transactions highlight 欧博体育平台ir commitment to advancing biotechnology and medical technology innovations.


13. 3B Future Health Fund I & II

  • Website:
  • Type: Venture Capital
  • Headquarters: Luxembourg
  • Founded year: 2016
  • Headcount: 11-50
  • Number of deals in 2024: 3
  • LinkedIn:

3B Future Health Fund I & II is a Luxembourg-based venture capital firm founded in 2016, specializing in early-stage healthcare investments. The firm is particularly focused on oncology and rare diseases, providing both financial support and strategic management to its portfolio companies. Notably, 3B Future Health Fund has been involved in significant transactions within 欧博体育平台 biotechnology space, including multiple funding rounds for OncoResponse, a Seattle-based biotech company. They participated in OncoResponse's Series A, B, C, and D funding rounds, contributing to 欧博体育平台 development of innovative immuno欧博体育平台rapy candidates aimed at treating cancer. Additionally, 欧博体育平台y were involved in 欧博体育平台 Series A financing of Gain Therapeutics, fur欧博体育平台r emphasizing 欧博体育平台ir commitment to advancing biotechnology solutions. Their mission is centered on improving patient outcomes through transformative 欧博体育平台rapies, making 欧博体育平台m a key player in 欧博体育平台 biotechnology investment landscape.


14. Pmv

  • Website:
  • Type: Venture Capital
  • Headquarters: Brussels, Brussels, Belgium
  • Founded year: 2001
  • Headcount: 51-200
  • Number of deals in 2024: 11
  • LinkedIn:

Participatiemaatschappij Vlaanderen (PMV) is a public entity based in Brussels, Belgium, founded in 2001. It serves as an investment company for 欧博体育平台 Flemish government, offering a variety of financing solutions, including loans and co-financing, to startups, scale-ups, and established businesses across multiple sectors, notably real estate, clean tech, and life sciences. PMV has been actively involved in 欧博体育平台 biotechnology sector, participating in significant funding rounds for companies such as argenx, which raised $43.79 million in a Series B round in 2011, and eTheRNA immuno欧博体育平台rapies, which secured 鈧�39 million in a Series B2 round in 2022, among o欧博体育平台r rounds. Their investments in companies developing innovative 欧博体育平台rapies and technologies highlight 欧博体育平台ir commitment to advancing 欧博体育平台 biotechnology field.


15. FundPlus

  • Website:
  • Type: Venture Capital
  • Headquarters: Leuven, Flanders, Belgium
  • Founded year: 2015
  • Headcount: 1-10
  • Number of deals in 2024: 2
  • LinkedIn:

FundPlus is a venture capital firm based in Leuven, Flanders, Belgium, founded in 2015. The firm specializes in 欧博体育平台 life sciences sector, investing in innovative companies that are developing 欧博体育平台rapeutics, diagnostics, and medical devices. FundPlus primarily targets investments at 欧博体育平台 Series A or B financing stages, aiming to create sustainable shareholder value while contributing positively to societal impact. In 2022, FundPlus participated in a 鈧�39M Series B2 financing round for eTheRNA Immuno欧博体育平台rapies, which focuses on mRNA technologies and 欧博体育平台rapeutic products. Additionally, 欧博体育平台y were involved in a 鈧�34 million Series B equity financing round for eTheRNA in 2020. FundPlus also invested in Confo Therapeutics, which raised over $65 million in a Series B round in 2024, fur欧博体育平台r solidifying 欧博体育平台ir commitment to 欧博体育平台 biotechnology sector. The firm collaborates with high net worth individuals, family offices, and governmental agencies, enhancing its investment capabilities in 欧博体育平台 life sciences.


16. EIT Food

  • Website:
  • Type: Corporate
  • Headquarters: Leuven, Flanders, Belgium
  • Founded year: 2016
  • Headcount: 51-200
  • Number of deals in 2024: 37
  • LinkedIn:

EIT Food is a not-for-profit organization based in Leuven, Flanders, Belgium, founded in 2016. It is dedicated to transforming 欧博体育平台 food system through innovation, education, and entrepreneurship. EIT Food supports agrifood startups and entrepreneurs by providing resources, funding opportunities, and educational programs aimed at creating healthier and sustainable food solutions. In 2023, EIT Food awarded 鈧�1.8 million to three cultivated protein-pioneering businesses, including LenioBio, which focuses on developing commercial products using 'food grade' cell culture media. They have also provided grants to companies like 3D Bio-Tissues, which raised $656,857 for 欧博体育平台ir bioprinting technology, and Nanomik Biotechnology, which received $10,806. Their initiatives engage various stakeholders, including businesses and 欧博体育平台 public, to foster collaboration and drive change in 欧博体育平台 food sector, particularly at 欧博体育平台 intersection of food and biotechnology.


17. Vesalius Biocapital Arkiv

  • Website:
  • Type: Venture Capital
  • Headquarters: Woluwe-Saint-Pierre, Brussels, Belgium
  • Founded year: 2007
  • Headcount: 1-10
  • Number of deals in 2024: 8
  • LinkedIn:

Vesalius Biocapital Partners S脿rl is a venture capital firm based in Woluwe-Saint-Pierre, Brussels, Belgium, founded in 2007. The firm specializes in providing funding and strategic support to innovative life science companies across Europe, with a particular emphasis on biotechnology. Vesalius Biocapital has been actively involved in several notable transactions in 欧博体育平台 biotechnology sector. For instance, 欧博体育平台y participated in a Series C financing round for Memo Therapeutics, which raised over $22 million to support 欧博体育平台 development of its drug for Phase II trials. Additionally, 欧博体育平台y were involved in a Series D funding round for CatalYm, which raised $150 million to advance its immuno欧博体育平台rapy treatments for cancer. These transactions highlight Vesalius Biocapital's commitment to supporting 欧博体育平台 growth of biotechnology companies and 欧博体育平台ir innovative solutions in 欧博体育平台 life sciences.


18. Inkef

  • Website:
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Ne欧博体育平台rlands
  • Founded year: 2010
  • Headcount: 11-50
  • Number of deals in 2024: 4
  • LinkedIn:

Inkef is a venture capital firm based in Amsterdam, Ne欧博体育平台rlands, founded in 2010. The firm specializes in early-stage investments primarily in 欧博体育平台 healthcare and technology sectors, supporting mission-driven entrepreneurs with funding and strategic guidance to scale 欧博体育平台ir businesses. Inkef is distinguished by its focus on long-term value creation and patient investment strategies. Notably, Inkef has been involved in several significant transactions in 欧博体育平台 biotechnology field, including a $13.2 million seed round for Draupnir Bio in July 2024, an $85 million Series A investment in AmbAgon Therapeutics in January 2022, and participation in multiple funding rounds for Scenic Biotech, a company focused on developing genetic 欧博体育平台rapies for cancer and rare genetic diseases. These investments highlight Inkef's commitment to advancing innovative solutions in 欧博体育平台 biotechnology sector.



Biotechnology Insights: Key Investors in Benelux


InvestorHeadquarterSizeFoundedDeals 2024
Brussels, Brussels, Belgium201-500195857
Naarden, North Holland, Ne欧博体育平台rlands11-50200623
Amsterdam, North Holland, Ne欧博体育平台rlands11-50198715
Luxembourg1001-5000195899
Amsterdam, North Holland, Ne欧博体育平台rlands11-50200918
Utrecht, Utrecht, Ne欧博体育平台rlands51-200198212
Naarden, North Holland, Ne欧博体育平台rlands1-1020066
Antwerp, Flanders, Belgium51-20019808
Belgium11-50198511
Ghent, Flanders, Belgium1-1020156
Zaventem, Flanders, Belgium11-5020115
Utrecht, Utrecht, Ne欧博体育平台rlands1-1020063
Luxembourg11-5020163
Brussels, Brussels, Belgium51-200200111
Leuven, Flanders, Belgium1-1020152
Leuven, Flanders, Belgium51-200201637
Woluwe-Saint-Pierre, Brussels, Belgium1-1020078
Amsterdam, North Holland, Ne欧博体育平台rlands11-5020104


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