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Forbion

Venture capital

Naarden · Pre-Seed–Late Stage · 24 people tracked

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

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Investment thesis

Forbion invests in groundbreaking biotech and other sustainable solutions that improve the health of people and the planet, structured around human health and planetary health themes. The firm integrates ESG principles into its investments, emphasizing patient impact, societal benefits, and sustainability. It manages a family of funds spanning venture, growth, and bioeconomy strategies, backing companies working on rare disease therapies, novel treatments, and sustainable technologies such as plant-based metal extraction.

Invests inAgTechBiotechCleantechClimate TechHealthtechImpact & Social GoodMedical DevicesAmsterdamEuropeGermanyGlobalNetherlandsNorth AmericaUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
HQ
Naarden, MA, NL
Instruments
Equity
Founded
1999
AUM
$5.4B
VC funds
14
Tracked investments
15

Team · 24 people

from the firm's website & public directories
Holger Reithinger· General Partnerin𝕏
Jasper Bos· General Partnerin

General Partner at Forbion, holds a PhD.

Nanna Lüneborg· General Partner

General Partner at Forbion, holds a PhD and MBA.

Robbert van de Griendt· General Partner IR & Impact

General Partner focused on investor relations and impact at Forbion, holds an MSc.

Sander Slootweg· Managing Partnerin

Managing Partner at Forbion, holds an MSc.

Antoine Boulanger Piette· Principalin
Audrey Cacaly· Principalin
Carlo Incerti· Operating Partner
Machteld Groeneveld· Chief Compliance Officer & Legal Affairs

Chief Compliance Officer and head of Legal Affairs at Forbion, holds an LLM and EMBA.

Marc-Olivier Turgeon· Senior Associatein

What they invest in

from 12 of 15 portfolio companies

Biotech ×10Medical Devices ×4Healthtech ×2AI & Machine Learning ×1Cleantech ×1Cybersecurity ×1Deep Tech ×1Enterprise Software ×1

HQs:United States×5Switzerland×1Colombia×1United Kingdom×1

Investments · 15 tracked

founders shown can be your intro path
Dyne Therapeuticsdyne-tx.comin𝕏NASDAQ: DYNSEC filingmedium confidence

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

BiotechMedical DevicesWaltham, US

Lawrence Klein, Ph.D.(Director)Richard Scalzo(Executive Officer)Joshua Brumm(Executive Officer, Director)David Lubner(Director)Edward Hurwitz(Director)Dirk Kersten(Director)

Board seatDirk Kersten· per SEC Form D · $115.7M raise · filed Aug 2020

MapLight TherapeuticsNASDAQ: MPLTSEC filingmedium confidence

BiotechRedwood City, US

Kristopher Hanson(Executive Officer)Timothy Garnett(Director)George Pavlov(Director)Peter Bisgaard(Director)Erin Foff(Executive Officer)Anatol Kreitzer(Executive Officer)

Board seatNanna Luneborg· per SEC Form D · $372.4M raise · filed Jul 2025

Elevaraelevara.com✓ 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))Mai-Britt Zocca(CEO)

Gate Biogatebio.com✓ 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

Granite Biogranitebio.comin✓ 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)

Exosome DiagnosticsSEC filingmedium confidence

HealthtechCambridge, US

William Kelly(Chief Financial Officer and Secretary of Issuer)Kapil Dhingra(Director)Joseph Slattery(Director)Joseph Boystak(Director)Geert-Jan Mulder(Director)Thomas McLain(Chief Executive Officer and Director of Issuer)

Board seatGeert-Jan Mulder· per SEC Form D · $2.2M raise · filed Jul 2015

Gyroscope Therapeutics LtdSEC filingmedium confidence

Stevenage, Hertfordshire

Board seatWouter Joustra· per SEC Form D · $148M raise · filed Apr 2021

Memento Medicines

Privately-held biotech company developing biologic therapies for retinal diseases

BiotechBoston, US

Zach Scheiner(Director)William Daley Bonificio(Executive Officer, Promoter)Megan Krench(Director)Stephen Basil Thomas(Executive Officer, Promoter)Dmitrij Hristodorov(Director)Naveen Manu Daryani(Executive Officer, Director, Promoter)

Board seatDmitrij Hristodorov· per SEC Form D

Milestone PharmaceuticalsSEC filingmedium confidence

BiotechMontreal

Debra Liebert(Director)Ela Borenstein(Director)Francis Plat(Executive Officer)Yves Rosconi(Director)Scott Weiner(Director)Martin Maguire(Executive Officer)

Board seatMarco Boorsma· per SEC Form D · $6.9M raise · filed Jul 2017

Navigator MedicinesSEC filingmedium confidence

BiotechScotch Plains, US

STEPHEN BASIL THOMAS(Executive Officer, Director, Promoter)WILLIAM DALEY BONIFICIO(Executive Officer, Promoter)NAVEEN MANU DARYANI(Executive Officer)

BoardANDREW LEVIN(Director)

Board seatWouter Joustra· per SEC Form D · $100M raise · filed Sep 2024

Azafarosazafaros.com
Coultreoncoultreon.comin

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)Marie De Vulder(Chief Legal Officer Co-founder)Guy Peeters(Chief Financial Officer Co-founder)John-Paul Gallivan(Head of Development Co-founder)Fabrice Kolb(Head of Immunology Co-founder)Pieter Peeters(Operating & Technology Officer Co-founder)

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.

BiotechCleantechNew Materials

Dali Rashid(CTO)

Protegoprotegosolutions.ioin𝕏

Protego provides chargeback management software that automates dispute processes and tracks chargebacks in real time to help merchants identify patterns in fraudulent activity and recover revenue.

CybersecurityEnterprise SoftwareSaaSBogotá, CO

Pablo Rojas(Founder)in

VectorY

A fully integrated gene therapy company developing innovative therapeutics including vectorized antibodies for CNS and somatic disorders, with focus on muscle diseases.

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

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 System20240.90x0.00x
Forbion Growth Opportunities Fund III Co?peratief U.A.LPs: California Public Employees' Retirement System20240.65x0.07x
Forbion Ventures Fund VII Co?peratief U.A.LPs: California Public Employees' Retirement System20240.85x0.01x
Forbion Growth Opportunities Fund II Cooperatief U.A.LPs: California Public Employees' Retirement System20231.64x1.01x
Forbion Ventures Fund VI Cooperatief U.A.LPs: California Public Employees' Retirement System20231.34x0.34x

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

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, Healthtech, Impact & Social Good, Medical Devices.
Where is Forbion located?
Forbion is headquartered in Naarden, NL.

Media · Podcasts & interviews

featuring the team

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

EBD Group · Sander Slootweg

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

Forbion Patient Perspective Series | Episode 1 - What ALS can't take from Marcel

Forbion

Special Event with the Cambridge Judge Business School

Forbion

Images

Forbion photoForbion photoForbion photoForbion photoForbion photoForbion photo

Co-investors · 39

RA Capital

RA Capital invests in public and private healthcare and life science companies developing pharmaceuticals, medical devices, and diagnostic tools. The firm operates as a crossover fund across multiple investment stages.

Versant Ventures

Versant Ventures operates in-house Discovery Engines staffed by multidisciplinary scientists in dedicated laboratory facilities to help launch new biotechnology companies alongside academic founders.

Both backed · 2
$250K – $5M
Sanofi Ventures

Sanofi Ventures is the corporate venture capital arm of Sanofi, investing in early-stage biotech and digital health companies focused on improving human health. It serves as Sanofi's entry point into the innovation ecosystem.

$5M
Novartis Venture Fund

The Novartis Venture Fund invests in innovative life science companies, focusing on biotechnology and biopharmaceuticals at various stages of growth, aiming to drive patient benefit and generate returns.

Both backed · 2
$5M – $25M
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.

Both backed · 1
$500K – $1M
ARCH Venture Partners

ARCH Venture Partners is a venture capital firm that backs and helps build transformational companies, with a strong focus on the life sciences and biotech sector.

Both backed · 1
$50K – $250M
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.

Both backed · 1
$540K – $27M
BioGeneration Ventures

BioGeneration Ventures is a venture capital firm that invests in early-stage biotech companies in Europe, with a focus on healthcare innovations.

Both backed · 1
Azafaros
Sofinnova Ventures

Sofinnova is an investment firm that partners with biotech companies from inception through growth, supporting drug development, the regulatory process, company building, and IPO.

Both backed · 1
$100K – $15M
Longwood Fund

Longwood Fund is a Boston-based venture firm focused on discovering and building science-based companies, with a team spanning doctors, scientists, entrepreneurs, and investors.

Both backed · 1
Seroba Life Sciences

Seroba is a Dublin-based life sciences venture capital firm investing in early-stage biotech and medtech companies developing new therapeutics and medical devices.

Both backed · 1
Azafaros
$540K – $7.6M
Founders Fund

Founders Fund is a venture capital firm that invests in companies building transformative technologies across defense, space, data analytics, and other frontier sectors.

$500K – $5M
27 more co-investors

New Enterprise Associates (NEA)F-Prime Capital PartnersPolaris PartnersUS Venture PartnersGeneral AtlanticOrbiMedHTGFEQT Life Sciences5AM VenturesCambridge Innovation CapitalDomain AssociatesThird Rock VenturesPivotal bioVenture PartnersPfizer Venture InvestmentsKurma PartnersAccess IndustriesAndera PartnersNextech InvestSeventure PartnersYsios CapitalAdvent Life SciencesAlta PartnersRiverVest VentureRTW Investments L.P.Red Tree Venture4see VenturesArcus Ventures

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

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