BIOTECH FUND FLANDERS
The Fund was established in 1994 to provide investment support for emerging biotech companies in the region and over its first 10 years invested some 36.3 million euro in businesses that ranged from Plant Genetic Systems, Innogenetics, Devgen and, most recently, Galapagos, a new listing on the stock exchange. Biotech Fund Flanders, whose portfolio and investment policy were managed by the Governmentรขโฌ:tm:s investment agency GIMV, was due to close investment activities after 10 years and pe... rform only follow-up tasks until 2009. The Minister for the Economy, Fientje Moerman, has announced, however, that it will continue to operate until 2010. No additional money will be made available รขโฌโ the Fund has some 12 million euro of its own resources from sales of previously held shares and is to recycle this and other returns. Its current portfolio includes investments valued at 19.7 million euro in six companies
BIOTECH FUND FLANDERS
Founded:
1994-01-01
Status:
Active
Investments List
Date | Company | Article | Money raised |
---|---|---|---|
2020-05-28 | Virovet | Biotech Fund Flanders investment in Series B - Virovet | 6 M EUR |
2012-01-20 | Pronota | Biotech Fund Flanders investment in Series C - Pronota | 3.7 M EUR |
2009-06-29 | Pronota | Biotech Fund Flanders investment in Series B - Pronota | 7.36 M USD |
2009-02-11 | ActoGeniX | Biotech Fund Flanders investment in Private Equity Round - ActoGeniX | 13.5 M EUR |
2007-07-03 | Diatos | Biotech Fund Flanders investment in Series D - Diatos | 12.8 M USD |
2007-02-08 | ActoGeniX | Biotech Fund Flanders investment in Venture Round - ActoGeniX | 20 M EUR |
2006-08-23 | Ablynx | Biotech Fund Flanders investment in Series C - Ablynx | 50 M USD |
2004-04-06 | Ablynx | Biotech Fund Flanders investment in Series B - Ablynx | 30 M USD |
1999-10-01 | Devgen | Biotech Fund Flanders investment in Series B - Devgen | 23 M EUR |