/Investor DB

Forbion

Venture capitaloperating company · company profile

Naarden · Pre-Seed–Late Stage · 25 people tracked

Also known as FCPM III SERVICES B.V. · FORBION NORTH AMERICA LLC

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Investment thesis

Forbion invests in biotech and sustainable innovation across two main areas: human health and planetary health. Its human health strategies span early-stage company formation (via a joint venture with BioGeneration Ventures), pre-clinical and early clinical Ventures, and later clinical-stage Growth investing that includes private growth capital, crossovers, and public market transactions. Its BioEconomy strategy backs companies using biotechnology to clean and feed the planet across food, agriculture, materials, and environmental technologies at Series A and beyond. The firm integrates ESG principles into its investments, emphasizing patient impact, societal benefit, and sustainability.

Source: firm website, verified Sep 29, 2026.

Stage
Pre-Seed–Late Stage
HQ
Naarden, NL
Instruments
Equity
Founded
1999
Last 12 months
15 investments
AUM
$5.4B
VC funds
14
Tracked investments
121
Unicorns
1
IPOs
3
Acquisitions
3

Team · 25 people

from the firm's website & public directories
Dirk Mertens· General Partner
Regina Salvat· Partner
Antoine Boulanger Piette· Principal
Audrey Cacaly· Principalin
Carlo Incerti· Operating Partner

What they invest in

from 78 of 121 portfolio companies

Biotech ×69Healthtech ×44Medical Devices ×35Digital Health ×13Deep Tech ×12AI & Machine Learning ×11SaaS ×3Cleantech ×2

HQs:United States×22United Kingdom×7Germany×4Netherlands×4Switzerland×3Colombia×1

Investments · 121 tracked

founders shown can be your intro path

By year:2026 · 92025 · 122024 · 102023 · 82022 · 32021 · 82020 · 62018 · 42017 · 22016 · 22015 · 42013 · 179 dated

Dyne Therapeuticsdyne-tx.comin𝕏NASDAQ: DYNAug 2020

Dyne Therapeutics develops targeted therapies for genetically driven neuromuscular diseases using its proprietary FORCE platform.

BiotechMedical DevicesWaltham, US

Romesh Subramanian, Ph.D.(Executive Officer)Richard Scalzo(Executive Officer)Joshua Brumm(Executive Officer, Director)Jonathan McNeill, M.D.(Executive Officer)inOxana Beskrovnaya, Ph.D.(Executive Officer)John G. Cox(President and Chief Executive Officer)in

Board seatDirk Kersten· per SEC Form D

Co-investorsAtlas VentureMPM BioImpactVida VenturesWellington ManagementHercules Capital, Inc.RA Capital

MapLight TherapeuticsNASDAQ: MPLTJul 2025 · $370M

MapLight Therapeutics is a biopharmaceutical company developing targeted treatments for central nervous system disorders through a platform designed to modulate neural circuits implicated in disease.

BiotechRedwood City, US

Anatol Kreitzer(Executive Officer)Kristopher Hanson(Executive Officer)James Lillie(Executive Officer)Jonathan Gillis(Executive Officer)inVishwas Setia(Executive Officer)inChristopher A. Kroeger(President, Chief Executive Officer and Director)

Board seatNanna Lüneborg· per SEC Form D

Co-investorsAvego BioScience CapitalPivotal Life SciencesNovo Holdings

Damora TherapeuticsNASDAQ: DMRANov 2025 · $284.9M

Damora Therapeutics is a preclinical-stage biotechnology company that discovers and develops therapeutic candidates, including DMR-001, DMR-002, and DMR-003, with the goal of advancing treatments through investigational drug applications and clinical trials.

BiotechCopenhagen, US

Garrett Winslow(Executive Officer)inLori Firmani(Executive Officer)inHans T. Schambye(Executive Officer, Director)Jennifer Jarrett(President, Chief Executive Officer and Director)inBecker Hewes(Chief Medical Officer)Sherwin Sattarzadeh(Chief Operating Officer)

Co-investorsAccess BiotechnologyViking GlobalAndreessen HorowitzBAM ElevateBay City CapitalCommodore Capital+8 more

Azafarosazafaros.comSeries A · Feb 2020 · $27M✓ verified

Azafaros is a clinical-stage biopharmaceutical company developing small-molecule therapies for severe rare genetic metabolic disorders, including GM1/GM2 gangliosidoses, Niemann-Pick type C disease, and other conditions.

BiotechDeep TechHealthtechMedical DevicesLeiden, NL

Hans Aerts(Professor)Hermen Overkleeft(Professor)Stan van Boeckel(Professor)

Co-investorsBioGeneration VenturesBioMedPartnersJeito CapitalPictet GroupAsahi Kasei Corporate Venture CapitalSeroba Life Sciences

Beacontxbeacontx.comin𝕏✓ verified

Beacon Therapeutics develops gene therapies for patients with serious diseases that lack or have limited treatment options, including investigational products like laru-zova for genetic conditions.

BiotechDigital HealthMedical Devices

Daniel Chung(Chief Medical Officer)inLance Baldo(Chief Executive Officer)inAbraham Scaria(Chief Scientific Officer)in

Co-investorsAdvent Life SciencesOxford Science EnterprisesTCG Crossover

CatalYmcatalym.cominNov 2020✓ verified

CatalYm develops immunotherapies for solid tumors by neutralizing GDF-15, a factor cancer cells use to suppress immune responses and resist treatment.

BiotechDeep TechHealthtechMunich, DE

Jörg Wischhusen(Scientific Co-founder)Scott Clarke(Chief Executive Officer)inPeter Garcia(Chief Financial Officer)Sujata Rao(Chief Medical Officer)inStefan Ries(Chief Scientific Officer and Head of Munich Site)inAndrea Goddard(Chief Technical Officer)in

Co-investorsJeito CapitalBioqube VenturesBayern KapitalBioGeneration VenturesCanaan Partnerscoparion+2 more

Citryllcitryll.cominSeries B · Dec 2024 · $90M✓ verified

Citryll is a clinical-stage biotech developing CIT-013, an antibody therapy that targets extracellular traps by selectively binding citrullinated histones to both inhibit new trap formation and clear existing ones.

BiotechHealthtechMedical DevicesOss, NL

Renato Chirivi(Co-founder (former CSO))in

BoardPaul Peter Tak(Chair of the Board)

Co-investorsBioGeneration VenturesPureos BioventuresSeventure PartnersJohnson & Johnson Innovation – JJDCBOMCurie Capital+1 more

Elevaraelevara.cominOct 2025 · $70M✓ verified

Elevara Medicines is a clinical-stage biotech developing ELV001, a first-in-class once-daily oral CDK4/6 inhibitor that targets fibroblast-like synoviocytes as an add-on therapy for rheumatoid arthritis and other chronic inflammatory diseases.

BiotechHealthtechMedical DevicesLondon, GB

Emma Tinsley(Founder & former CEO (now Non-Executive Director))inMai-Britt Zocca(CEO)in

Co-investorsMonograph Capital PartnersSofinnova Partners

Engrail Therapeuticsengrail.cominSeries B · Mar 2024 · $170M✓ verified

Engrail Therapeutics is a clinical-stage pharmaceutical company developing precision-targeted therapeutics for neupropsychiatric and neurodevelopmental disorders.

BiotechDigital HealthMedical DevicesSan Diego, US

Stephen(Co-founder, EVP Research & Development and Chief Development Officer)Paul Cayer(Chief Financial Officer)inVikram(President and Chief Executive Officer)Kimberly(Chief Scientific Officer)Quentin(Chief Technical Officer)

Co-investorsForesite CapitalLongwood FundNorwest Venture PartnersPivotal Life SciencesRiverVest Venture PartnersYsios Capital+4 more

Expeditiontxexpeditiontx.com✓ verified

Expedition Therapeutics is a drug development company focused on advancing therapeutic programs in areas such as CAR-T immunotherapy and oncology.

BiotechHealthtechMedical DevicesSan Francisco, US

Yi Larson(Founder and CEO)Geoff Gilmartin(Chief Medical Officer)Eric Hu(Chief Business Officer)

Co-investorsNovo HoldingsSofinnova VenturesSanofi Ventures

Gate Biogatebio.comNov 2025✓ verified

Gate Bioscience develops small molecule therapeutics called Molecular Gates for disease treatment.

BiotechDeep TechMedical Devices

Jordi Mata-Fink(Chief Executive Officer, Co-Founder)inRaman Talwar(Chief Technology Officer, Co-Founder)inPat Sharp(Scientific Founder)in

Co-investorsVersant VenturesAndreessen HorowitzARCH Venture PartnersFelicis VenturesGV (Google Ventures)

Granite Biogranitebio.cominApr 2025 · $100M✓ verified

Granite Bio develops first-in-class therapeutic antibodies targeting inflammation, autoimmunity, and fibrosis for patients lacking effective treatment options.

BiotechMedical DevicesBasel, CH

Patrick Loustau(President and Chief Executive Officer)in

Co-investorsNovartis Venture FundSanofi VenturesVersant Ventures

Kynexiskynexistx.comin𝕏Series A · Nov 2023 · $61M✓ verified

Kynexis is a clinical-stage biotech developing KYN-5356, an oral small-molecule KAT-II inhibitor targeting the kynurenine pathway to improve cognition in neurological diseases.

BiotechDeep TechHealthtech

Robert Schwarcz(Scientific Co-founder)Carol Tamminga(Scientific Co-founder & Chair of the SAB)Christer Köhler(Founding Director)inKees Been(Chief Executive Officer)inJens Wendland(Chief Medical Officer)inNeil Swami(Chief Business Officer)

Co-investorsYsios CapitalNovartis Venture FundSunstone Capital

Mestagmestagtherapeutics.comin𝕏Mar 2026 · $40M✓ verified

Mestag is an immunology company developing first-in-class treatments for cancer and inflammatory diseases by leveraging novel understanding of fibroblast biology and tertiary lymphoid structures.

AI & Machine LearningBiotechDigital HealthHealthtechLondon, GB

Michael B. Brenner(Founder)Chris Buckley(Founder)Mark Coles(Founder)inSoumya Raychaudhuri(Founder)David A. Tuveson(Founder)Lindsey Rolfe(Chief Medical Officer)in

Co-investorsGV (Google Ventures)SV Health InvestorsJohnson & Johnson Innovation – JJDCNorthpond VenturesJJDC

Omeicos Therapeuticsomeicos.comin𝕏Series C · Nov 2018 · $19M✓ verified

OMEICOS is a biotech company developing small-molecule therapeutics based on synthetic analogues of omega-3 fatty acid derived epoxyeicosanoids (17,18-EEQ) for cardiovascular, inflammatory, and rare mitochondrial diseases.

BiotechHealthtechBerlin, DE

Robert Fischer(CEO/CSO & Co-Founder)inKaren Uhlmann(Vice President Operations & IP, Co-Founder)inWolf-Hagen Schunck(Co-Founder)John R. Falck(Co-Founder)

Co-investorsRemiges Ventures, Inc.Vesalius Biocapital Partners

Pheontxpheontx.comin✓ verified

Pheon Therapeutics develops targeted oncology treatments, focusing on antibody-drug conjugates (ADCs) for cancer therapy.

BiotechHealthtechMedical Devices

Co-investorsAtlas VentureBiotechnology Value FundLightspeed Venture PartnersResearch Corporation TechnologiesTCG Crossover

Purespringpurespringtx.comin𝕏Oct 2024✓ verified

Purespring develops genetic therapies targeting podocytes to treat renal diseases through its proprietary GlomThera platform.

BiotechDigital HealthHealthtechMedical Devices

Moin Saleem(Co-founder & Chief Scientific Advisor)in

Co-investorsSofinnova PartnersGilde HealthcareAdvent Life SciencesBritish Patient Capital

Solstice Oncologysolsticeoncology.comMar 2026✓ verified

Solstice Oncology is a clinical-stage immuno-oncology company developing porustobart, a second-generation engineered CTLA-4 antibody given with anti–PD-1 therapy in the neoadjuvant (pre-surgery) setting to treat early-stage cancers.

BiotechHealthtechBoston, US

David Feltquate(Chief Medical Officer)inMaiken Keson-Brookes(Chief Operating Officer & General Counsel)CAROLINE LOEW(Executive Officer, Director, Promoter)Caroline J. Loew(President & Chief Executive Officer)

BoardANDREW LEVIN(Director)JULIE GRANT(Director)in

Co-investorsRA CapitalCanaan Partners

SynOx Therapeutics Ltdsynoxtherapeutics.comin𝕏Series A · Nov 2020 · $44M✓ verified

SynOx Therapeutics develops emactuzumab, a monoclonal antibody treatment for tenosynovial giant cell tumours (TGCT) and macrophage-mediated diseases.

BiotechHealthtechMedical Devices

Ray Barlow(Chief Executive Officer)in

Co-investorsHealthCapBioqube VenturesGimvMedicxiRed Tree Venture

ロゴマーク:AIRNAairna.cominSeries B · Sep 2021 · $160M✓ verified

AIRNA develops genetic medicines that use ADAR, a naturally occurring human protein, to precisely edit RNA and treat genetic diseases without permanently modifying DNA.

AI & Machine LearningBiotechDeep TechHealthtechStanford, US

Thorsten Stafforst(Chairman of the Board of Directors)inKris ElveruminTodd Bazemore(Chief Executive Officer)inJin (Billy) Li(Treasurer and Secretary)inPaul Vogel(Chief Executive Officer and President)in

BoardRodger Novak(Chair)in

Co-investors+ND CapitalARCH Venture PartnersVenrockFast Track InitiativeLifelinkNextech Invest+3 more

Capstan Therapeuticscapstantx.com𝕏Series B · Nov 2021 · $180M

AbbVie is a biopharmaceutical company that discovers and delivers medicines for immune-mediated diseases and other therapeutic areas globally.

BiotechHealthtechMedical DevicesSan Diego, US

Adrian Bot(Executive Officer)Laura Shawver(Executive Officer, Director)inRamin Farzaneh-Far(Executive Officer)inJustin Thacker(Executive Officer)Karen Smith(Director)Fabio Pucci(Director)

Board seatNanna Lüneborg· per SEC Form D

Co-investorsFinchley Healthcare VenturesPfizer Venture InvestmentsRA CapitalSofinnova VenturesVida VenturesAlexandria

Exosome DiagnosticsinSeries A · Jun 2015 · $20M

BiotechHealthtechCambridge, US

James McCullough(Executive Officer, Director)William Kelly(Chief Financial Officer and Secretary of Issuer)Thomas McLain(Chief Executive Officer and Director of Issuer)Sara Barrington(Executive Officer)

BoardJoseph Boystak(Director)in

Board seatGeert-Jan Mulder· per SEC Form D

Co-investorsArcus VenturesNGN Capital

Milestone Pharmaceuticalsmilestonepharma.comin𝕏Series C · Jul 2017 · $55M

Milestone Pharmaceuticals is a life sciences company that develops therapies for patients with cardiovascular and other diseases.

BiotechDigital HealthHealthtechMedical DevicesMontreal, US

Ela Borenstein(Director)Francis Plat(Executive Officer)Yves Rosconi(Director)Scott Weiner(Director)Martin Maguire(Executive Officer)Philippe Douville(Executive Officer, Director)

Board seatMarco Boorsma· per SEC Form D

Co-investorsPappas CapitalAmplitude Venture CapitalDomain AssociatesRTW Investments L.P.

AAVantgarde Bioaavantgarde.comSeries A · Jun 2023 · $65M

Co-investorsNeva Sgr.Sofinnova PartnersXGEN VentureAtlas VentureLongwood Fund

Abiomedabiomed.com

Abiomed develops Impella heart pumps, minimally-invasive cardiovascular devices used to treat high-risk PCI, cardiogenic shock, and right heart failure.

HealthtechMedical Devices

David Lederman(Founder)

Acadia Pharmaceuticalsacadia.comin𝕏

Acadia is a biopharmaceutical company developing therapies for underserved neurological disorders and rare diseases.

BiotechHealthtech

Co-investorsNew Enterprise Associates (NEA)

Agendiaagendia.comin𝕏Aug 2007 · $34M

Agendia develops genomic technology and diagnostic tests for breast cancer patients.

AI & Machine LearningBiotechDigital HealthMedical DevicesIrvine, US

Laura van 't Veer(Co-founder)inRené Bernards(Co-founder)inProf. Laura van 't Veer, PhD(Chief Research Officer, Co-founder)Prof. Dr. René Bernards, PhD(Co-Founder and Scientific Advisor)Mark R. Straley(CEO)in

Co-investorsKorysGilde Healthcare

Aiolos Bioaiolosbio.comin𝕏

Aiolos Bio is a biopharma company that discovers, develops, and delivers medicines and vaccines across respiratory, immunology, inflammation, oncology, HIV, and infectious diseases.

BiotechHealthtech

Co-investorsBain Capital Life SciencesRA CapitalSofinnova VenturesAtlas Venture

Allecra Therapeutics GmbHallecra.comSeries A · Apr 2013 · $20M

Antibiotic developer, maker of cefepime/enmetazobactam (EXBLIFEP).

Co-investorsAndera PartnersBioMedPartnersDelos CapitalEMBL VenturesXeraya Capital

Altesa BioSciencesaltesabio.comFeb 2026 · $75M

Altesa BioSciences is a clinical-stage pharmaceutical company developing vapendavir, an orally administered antiviral targeting rhinovirus infections in patients with chronic lung diseases such as COPD and asthma.

BiotechHealthtechCollege Park, US

John Clerici(Executive Officer)inAndrew Drechsler(Executive Officer)Brett Giroir(Executive Officer, Director)

BoardNicholas Williams(Director)Moncef Slaoui(Director)Jon Edwards(Director)in

Co-investorsGRA VentureMedicxiPitangoSanofi Ventures

AM Pharmaam-pharma.cominSeries C · Aug 2007 · $3M

AM-Pharma develops ilofotase alfa, a recombinant alkaline phosphatase enzyme therapy, and is studying it as a treatment for adults with hypophosphatasia (HPP), a rare inherited metabolic bone disease.

BiotechHealthtech

Co-investorsAndera PartnersKurma PartnersYsios Capital

Amphista Therapeuticsamphista.comin𝕏

Amphista Therapeutics develops next-generation targeted protein degradation (TPD) medicines using its proprietary Targeted Glue technology, which is engineered to selectively trigger the destruction of disease-causing proteins.

BiotechCambridge, GB

Louise Modis(Chief Executive Officer)inMartin Pass(Chief Development Officer)inGiles Brown(Executive VP Drug Discovery)in

Co-investorsAdvent Life SciencesNovartis Venture FundSV Health InvestorsDementia Discovery FundEuropean Investment FundGilde Healthcare+2 more

Anaveonanaveon.cominSeries B · Dec 2021 · $120M

Anaveon develops engineered antibodies targeting immune system regulatory nodes to treat autoimmune diseases by selectively eliminating or reprogramming pathogenic immune cells.

BiotechBasel, CH

Thaminda(Chief Business Officer)inLaetitia Pouzol(Chief Scientific Officer)in

Co-investorsNovartis Venture FundPfizer Venture InvestmentsPontifax Venture Capital

Anetaaneta.companyMay 2023

Aneta operates an email-based AI research service that runs 15 specialized agents across academic, market, technical, and legal sources for days to produce long, citation-backed research reports.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsPebblebedAndera PartnersBGVFountain Healthcare PartnersHTGFPMV+2 more

arGEN-Xargenx.com

The company develops therapies for people with severe autoimmune diseases.

BiotechHealthtechMedical Devices

Co-investorsAvoro Capital AdvisorsBioGeneration VenturesHBM Healthcare InvestmentsMPM BioImpactPMVSeventure Partners+2 more

Bluebird Biobluebirdbio.com𝕏Sep 2021Acquired

Genetix Biotherapeutics (formerly bluebird bio) develops gene therapies for patients with rare genetic diseases including sickle cell disease, beta-thalassemia, and cerebral adrenoleukodystrophy.

BiotechLongevityMedical DevicesCambridge, US

David Meek(Chief Executive Officer)inBrian Riley(President & Chief Technical Officer)inJoanne Lager(Chief Medical Officer)inWendy DiCicco(Chief Financial Officer)inAdrian Chaisson(Chief of Staff)inJason Cole(Executive Officer)

Co-investorsARCH Venture PartnersEaston CapitalRA CapitalSanofi VenturesThink+ Ventures Management, LlcWakestream Ventures+1 more

Braveheartbraveheart.bioinSeries A · Nov 2025 · $190M

Braveheart develops treatments for hypertrophic cardiomyopathy and related cardiac conditions.

BiotechDigital HealthHealthtechMedical Devices

Travis Murdoch, M.D.(Chief Executive Officer and Board Director)in

Co-investorsAndreessen HorowitzFrazier Life SciencesOrbiMed

Calluna Pharmacallunapharma.cominSeries A · Jan 2024 · $81M

Completed patient enrollment in its Phase 2 AURORA trial.

Co-investorsP53 InvestSarsia Management ASInvestinor

CellCentriccellcentric.comin𝕏Series C · May 2025 · $120M

CellCentric develops inobrodib, a small-molecule oral p300/CBP inhibitor intended to treat multiple myeloma and other cancers.

BiotechHealthtechMedical Devices

Azim Surani(Co-founder)

Co-investorsAvego BioScience CapitalFuture Planet CapitalHBM Healthcare InvestmentsHBM PartnersRA CapitalSofinnova Partners+3 more

Complement Therapeuticscomplementtx.comSeed · Apr 2023 · $6M

Complement Therapeutics is a clinical-stage biotechnology company developing gene therapies for complement-mediated diseases, with a lead AAV-based candidate (CTx001) for Geographic Atrophy secondary to Age-related Macular Degeneration.

BiotechDigital HealthHealthtechMedical DevicesMunich, DE

Rafiq Hasan(CEO and Managing Director)inMuhammad Ali Memon(Chief Medical Officer)in

Co-investorsBioGeneration VenturesCambridge Innovation CapitalGimvHadean VenturesSeroba Life SciencesBGV+2 more

Coultreoncoultreon.cominApr 2026 · $125M

Coultreon is a drug discovery and development company that advances small and large molecule therapeutic programmes across various disease areas, combining disease biology expertise with technology platforms.

AI & Machine LearningBiotech

Pierre Raboisson(Chief Executive Officer Chief Scientific Officer Co-founder)inMarie De Vulder(Chief Legal Officer Co-founder)inGuy Peeters(Chief Financial Officer Co-founder)inJohn-Paul Gallivan(Head of Development Co-founder)inFabrice Kolb(Head of Immunology Co-founder)inPieter Peeters(Operating & Technology Officer Co-founder)in

Co-investorsFinchley Healthcare VenturesLongwood FundLuma GroupSofinnova VenturesBAM ElevateNovo Holdings+2 more

Curetiscuretis.comSeries A · Oct 2011 · $13M

Curetis develops molecular diagnostic systems for detecting pathogens and antimicrobial resistance markers in severe infections.

BiotechHealthtechMedical Devices

Enterprise Therapeuticsenterprisetherapeutics.comin𝕏Series B · Apr 2018 · $41M

Enterprise Therapeutics is a drug discovery company developing therapies for respiratory diseases such as cystic fibrosis, asthma, and COPD.

BiotechHealthtechBrighton, GB

John Ford(Co-founder)inMartin Gosling(Founder)in

Co-investorsEpidarex CapitalNovartis Venture FundVersant VenturesIP GroupPanakes Partners

F2Gf2g.comAug 2022 · $70M

F2G develops medicines to treat serious fungal diseases where existing therapies have failed or are ineffective.

BiotechDigital HealthHealthtechMedical Devices

Co-investorsAdvent Life SciencesAisling CapitalAMR Action FundAstellas Venture Management LLCBrace PharmaSofinnova Partners+4 more

Gategate.ioin𝕏

Gate.io is a cryptocurrency exchange platform offering perpetual futures contracts, options, CFDs, spot trading, and tokenized stocks.

AI & Machine LearningCrypto & Web3Fintech

Co-investorsTokoin

Genominesgenomines.comin

Genomines uses biological systems to extract battery-grade nickel from low-grade soils, producing critical metals at lower cost and environmental impact than traditional mining.

BiotechCleantechEnergyNew MaterialsParis, FR

Fabien Koutchekian(Founder)inDali Rashid(Founder)inDr. Dali Rashid(Founder)

Co-investorsCarbonDeepTech & Climate FondsEntrepreneur FirstHEC Paris IncubatorLowercarbon CapitalSTATION F+7 more

Inflazomeinflazome.comSeries B · Nov 2018 · $46M

Co-investorsFountain Healthcare PartnersLongitude Capital

Inthera Bioscienceintherabio.comSeed · Dec 2015 · $4M

Inthera Bioscience AG is a biotech company with expertise spanning target discovery, drug discovery, medicinal chemistry, preclinical and toxicology work, and early clinical development.

BiotechDeep Tech

Mark Krul(Board of Directors)inKarl Rothweiler(Board of Directors)Martin Bonde(Board of Directors)

Co-investorsM Ventures

Inversagoinversago.comSeries B · Oct 2022 · $35Macquired by Novo Nordisk

Portfolio company acquired by Novo Nordisk for $1.1B USD.

Co-investorsAmorChemGenesys CapitalJDRF T1D FundNew Enterprise Associates (NEA)Tarnagulla VenturesadMare BioInnovations+2 more

LoQus23loqus23.cominOct 2024

LoQus23 Therapeutics is a drug discovery company developing treatments for triplet repeat expansion diseases such as Huntington's disease, focused on preclinical CNS and neuroscience research.

BiotechDeep TechCambridge, GB

David Reynolds(Co-founder & CEO)inCaroline Benn(Co-founder & CSO)in

Co-investorsDementia Discovery FundNovartis Venture FundSV Health Investors

Maplightrxmaplightrx.comin

MapLight develops neurological and neuropsychiatric drug therapies using a discovery platform that identifies neural circuits linked to disease for targeted treatment of conditions like schizophrenia, Alzheimer's disease psychosis, and autism spectrum disorder.

AI & Machine LearningBiotechHealthtechMedical Devices

Christopher Kroeger, M.D.(Chief Executive Officer, Founder, Board Member)Karl Deisseroth, M.D., Ph.D.(Founder, Scientific Advisory Board)Robert Malenka, M.D., Ph.D.(Founder, Board Member, Scientific Advisory Board)Christopher Kroeger(Founder)Karl Deisseroth(Founder)Karoly Nikolich(Founder)

Co-investorsAvego BioScience CapitalPivotal Life Sciences

Mariana Oncologymarianaoncology.comin𝕏Series B · Sep 2023 · $175M

Mariana Oncology, a Novartis company, develops precision radioligand therapies that deliver radioisotopes to diseased cells while limiting effects on healthy tissue.

BiotechHealthtechMedical Devices

Co-investorsAccess BiotechnologyAtlas VentureNextech InvestAccess IndustriesRA Capital

Mitralignmitralign.comMay 2012 · $35M

HealthtechTewksbury, US

Lisa Mastromattei(Executive Officer)Lisa Wipperman Heine(Executive Officer)Sophia Wong(Executive Officer)Richard P. Geoffrion(Executive Officer, Director)

BoardMartien Van Osch(Director)Daniel Cole(Director)

Co-investors415 CapitalQiming Venture PartnersSaints CapitalXeraya CapitalOxford Bioscience Partners

Mosannamosanna.com

Mosanna is a pharmaceutical company developing a non-invasive nasal spray therapy for obstructive sleep apnea (OSA) that reactivates the body's natural airway reflex to keep the upper airway open during sleep.

BiotechDigital HealthHealthtechMedical Devices

Barbara(Regulatory Affairs & Quality Assurance leadership)Kevin(Pharmaceutical Development leadership)Pranav(Head of Finance & Operations)Ben(Executive / Board)

BoardDavid White(Sleep Medicine Advisor)

Co-investorsBroadview VenturesNorwest Venture PartnersPivotal Life SciencesSupermoon CapitalHTGFInkef

MSTmst-sys.comMar 2026 · $40M

Modern Systems Talk (MST) publishes content and insights on technology topics including system architecture, cloud computing, automation, AI, cybersecurity, and digital transformation.

Media & Entertainment

Co-investorsAgate Medical Investments LPSCP Vitalife PartnersGV (Google Ventures)Northpond VenturesSV Health Investors

Nerre Therapeuticsnerretherapeutics.comSeries B · Jan 2017 · $29M

Co-investorsAdvent Life SciencesFountain Healthcare PartnersOrbiMedColumbus Venture PartnersRedwood Ventures

NewAmsterdam Pharmanewamsterdampharma.comin𝕏Series A · Jan 2021 · $190M

NewAmsterdam Pharma develops innovative therapies for cardiovascular disease and lipid-related conditions.

BiotechHealthtechMedical Devices

Co-investorsBain Capital Life SciencesBioGeneration VenturesEQT Life SciencesFrazier Life Sciences

Noema Pharmanoemapharma.cominSeries B · Nov 2025 · $110M

Noema Pharma develops a late-stage portfolio of oral small molecule therapeutics for people with neurological and related disorders, targeting both orphan and larger indications with significant unmet medical needs.

BiotechHealthtechMedical Devices

Ilise Lombardo(Chief Executive Officer)inVolker Knappertz(Executive Vice President of Research & Development)inMichael Samar(Chief Financial Officer)inRob Lasser(Chief Medical Officer)in

Co-investorsBioMedPartnersJeito CapitalRoche Venture FundSofinnova PartnersEQTEQT Life Sciences+2 more

Northsea Therapeuticsnorthseatherapeutics.cominSeries B · Jan 2020 · $40M

NorthSea Therapeutics is a clinical-stage biopharmaceutical company developing oral fatty acid-derived therapies for liver and metabolic diseases, including intestinal failure-associated liver disease (IFALD), severe hypertriglyceridemia, and MASH.

BiotechDigital HealthHealthtech

Co-investorsNew Science VenturesvenBio PartnersYsios CapitalBGVNovo HoldingsBioGeneration Ventures+1 more

Novameatnovameat.cominSep 2024

NovaMeat develops plant-based protein food products, positioning them as part of a new culinary tradition.

FoodTech

Giuseppe Scionti(Founder)in

Co-investorsAurum Venture PartnersCarbonJoyance PartnersSofinnova PartnersUnovis Asset ManagementVU Venture Partners+1 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Gyroscope Therapeutics LtdMemento MedicinesNavigator MedicinesAcorda TherapeuticsAmakemBeacon TherapeuticsBicycle TherapeuticsBioCerosBioInventcAMPfield TherapeuticsCellnovoCircuLiteCorsera HealthDezima PharmaeedenExpedition TherapeuticsGalapagosGotham TherapeuticsInsmedKaNDy TherapeuticsMarea TherapeuticsNightbalanceNovoGIOxularOxyrane UKPanGeneticsPheon TherapeuticsPneumRxProfibrixRealeveSantaris PharmaSlate Medicines IncStaten BiotechnologyVectivBioVectorYVersanis Bio

Exits · 6

3 IPOs · 3 acquisitions · showing 5

Dyne TherapeuticsNASDAQ: DYNMapLight TherapeuticsNASDAQ: MPLTDamora TherapeuticsNASDAQ: DMRAInversagoacq. by Novo NordiskPrexton Therapeuticsacq. by Lundbeck

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 5

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
Forbion BioEconomy Fund I Co?peratief U.A.LPs: California Public Employees' Retirement System2024——0.90x0.00x
Forbion Growth Opportunities Fund III Co?peratief U.A.LPs: California Public Employees' Retirement System2024——0.65x0.07x
Forbion Ventures Fund VII Co?peratief U.A.LPs: California Public Employees' Retirement System2024——0.85x0.01x
Forbion Growth Opportunities Fund II Cooperatief U.A.LPs: California Public Employees' Retirement System2023——1.64x1.01x
Forbion Ventures Fund VI Cooperatief U.A.LPs: California Public Employees' Retirement System2023——1.34x0.34x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Forbion made?
Forbion has 121 tracked investments, 6 of which have exited, including 23 dated in the last 24 months.
What stage does Forbion invest at?
Forbion invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Forbion focus on?
Forbion focuses on AgTech, Biotech, Cleantech, Climate Tech, FoodTech, Healthtech, Impact & Social Good, Medical Devices, New Materials.
Where is Forbion located?
Forbion is headquartered in Naarden, NL.
Does Forbion lead rounds?
Forbion has led 10 of the 25 rounds where its role is on record.
Who does Forbion co-invest with?
Forbion most often shares deals with BioGeneration Ventures, BioMedPartners, DeepTech & Climate Fonds, among 13 tracked co-investors.

Media · Podcasts & interviews

featuring the team

BIO-Europe® 2015: Interview with Sander Slootweg, Forbion Capital Partners

EBD Group · Sander Slootweg

Forbion Portfolio Company Spotlight Series | Episode 2: AAVantgarde

Forbion

Forbion Portfolio Company Spotlight Series | Episode 1: VectorY

Forbion

Message by Olivér Várhelyi on the occasion of the European Life Sciences Coalition

Forbion

Forbion 2nd Annual Excellence Roundtable: The future of innovation in rare diseases

Forbion

From Bench to Boardroom: The 2nd Annual Cambridge–Forbion Roundtable

Forbion

Images

Forbion photoForbion photoForbion photoForbion photoForbion photoForbion photo

Co-investors · 41

RA Capital

RA Capital Management is a healthcare and planetary health investment firm that founds, funds, and scales companies using scientific diligence, multi-stage capital, and hands-on operational support.

Novartis Venture Fund

The Novartis Venture Fund invests in innovative life science companies, primarily in biotechnology and biopharmaceuticals, at various stages of development across North America and Europe.

$5M – $25M
BioGeneration Ventures

BioGeneration Ventures is a European venture capital firm investing in early-stage biotech, medtech and life sciences companies developing novel therapeutics and medical technologies.

Sofinnova Partners

Sofinnova Partners is a life sciences venture capital firm investing across the value chain from seed to later stage, with a focus on healthcare and sustainability. It backs companies in biopharma, medtech, digital medicine, agriculture and industrial processes.

$540K – $27M
Sofinnova Ventures

Sofinnova is an investment firm focused on the life sciences and biotechnology sector, partnering with companies from inception through drug development, regulatory approval, company building, and IPO.

$100K – $15M
Advent Life Sciences

Advent Life Sciences is a trans-Atlantic venture capital firm investing in early and mid-stage life sciences companies across the UK, Europe and the USA.

Both backed · 7
Amphista TherapeuticsBeacontxF2GPurespringUniqureBeacon TherapeuticsNerre Therapeutics
Atlas Venture

Atlas Venture is a life sciences venture capital firm with three decades of experience investing in and building biotech and medical innovation companies, including startups launched from its own incubator.

$500K – $1M
OrbiMed

OrbiMed is a healthcare-focused investment firm providing tailored financing solutions and global resources to build world-class healthcare companies across biopharmaceuticals, medical devices, digital health, diagnostics, and healthcare services.

$1M – $75M
Sanofi Ventures

Sanofi Ventures is the corporate venture capital arm of Sanofi, investing in early-stage biotech and digital health companies aligned with Sanofi's mission of advancing human health.

$5M
Ysios Capital

Ysios Capital is a life sciences venture investor that finances innovative biotech companies developing novel therapies for high unmet medical needs, primarily across Europe and the United States.

$5.4M – $21.6M
Inkef

Inkef Capital is an early-stage, hands-on investor that partners with founders to build companies with a long-term strategic vision.

Both backed · 5
MosannaViCentraNightbalancePRECIRIX NVProfibrix
Longwood Fund

Longwood Fund is a venture capital firm that creates and invests in novel healthcare companies developing new treatments for patients, drawing on its partners' company-building and operating experience.

▶29 more co-investors

ARCH Venture PartnersEQT Life SciencesPivotal Life SciencesRed Tree VentureNew Enterprise Associates (NEA)Versant VenturesAndera PartnersSeventure PartnersSeroba Life SciencesF-Prime CapitalHTGFPfizer Venture InvestmentsNextech InvestRiverVest Venture PartnersRTW Investments L.P.US Venture PartnersGeneral AtlanticCambridge Innovation CapitalDomain AssociatesThird Rock VenturesKurma PartnersAccess IndustriesAlta PartnersArcus VenturesFounders FundPolaris PartnersXtripe Angels5AM Ventures4see Ventures

Firms observed investing alongside Forbion, from public investor directories. Shared companies are the overlap with Forbion's recorded portfolio.

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