We are a biotech and healthcare Investors
Investing across venture capital, growth and private equity.
We partner with scientists, founders and operators to build and scale high-impact companies that advance human health and wellbeing.
We combine scientific understanding with commercial and operational expertise - enabling us to identify opportunities, encourage innovation and create long-term value creation.
Our multi stage investment approach ensures we can support businesses from proof of concept to market leading positions.
Our Investment Focus
Venture Capital
Backing pioneering biotech, deep tech and healthcare spinouts from leading universities, and helping bridge the gap between research and commercialisation.
- University spinouts in biotech, deeptech and Techbio
- IP heavy innovations with defensibility
- Platforms solving global health challenges.
Growth Capital
Fuelling the expansion of proven healthcare businesses ready to scale.
- Therapeutic growth equity for late-stage biotechs
- Medical devices expanding manufacturing and distribution
- Healthcare service platforms scaling across Europe.
Private Equity
Partnering with or acquiring established healthcare businesses to drive operational excellence and international expansion.
- Biopharma services (CDMOs, CROs, pharma outsourcing
- Medical devices and diagnostics across the value chain.
- Therapeutics with untapped growth opportunities.
Venture Capital
Backing pioneering biotech, deep tech and healthcare spinouts from leading universities, and helping bridge the gap between research and commercialisation.
- University spinouts in biotech, deeptech and Techbio
- IP heavy innovations with defensibility
- Platforms solving global health challenges.
Growth Capital
Fuelling the expansion of proven healthcare businesses ready to scale.
- Therapeutic growth equity for late-stage biotechs
- Medical devices expanding manufacturing and distribution
- Healthcare service platforms scaling across Europe.
Private Equity
Partnering with or acquiring established healthcare businesses to drive operational excellence and international expansion.
- Biopharma services (CDMOs, CROs, pharma outsourcing
- Medical devices and diagnostics across the value chain.
- Therapeutics with untapped growth opportunities.
The Biotech Opportunity Landscape
60%
of the world’s physical inputs could, in principle, be made using biological means.
45%
of the global disease burden could be addressed using science that is conceivable today.
$1.42
trillion was the global pharmaceutical revenues by the end of 2021, up from $390 billion just 20 years earlier.
43
of the top research universities for biotech in the world are based in the UK and Europe.
$280
billion combined revenue patent cliff by 2030 across 50 products – not patents.
350
million people across the globe suffer from a rare genetic disease.
537
million people have diabetes with the number expected to rise to 783 million by 2045.
1317
active university spin-out businesses operate in the UK, with 14 exits from UK spin-outs in 2023.
43
of the top research universities for biotech in the world are based in the UK and Europe.
$280
billion combined revenue patent cliff by 2030 across 50 products – not patents.
350
million people across the globe suffer from a rare genetic disease.
537
million people have diabetes with the number expected to rise to 783 million by 2045.
1317
active university spin-out businesses operate in the UK, with 14 exits from UK spin-outs in 2023.
Portfolio
Patient Capital. Proven Science.
Groundbreaking atomic layer 3D printing technology.
Atlant 3D revolutionizes manufacturing with its atomic layer 3D printing technology, enabling ultra-precise, efficient, and sustainable production of next-generation materials for industries like semiconductors, photonics, and aerospace.
ATLANT 3D
Redefining precision and portability in ophthalmic treatments.
Norlase is transforming eye care with compact, affordable laser systems that deliver precise, high-performance treatments while vastly improving global access to sight-saving therapies.
Norlase
Transforming methane into high-quality protein
Unibio produces Uniprotein, a sustainable microbial protein made by converting methane into high-quality biomass, offering an eco-friendly solution to meet the world’s growing protein demand.
UNIBIO
Biodegradable plastics that break down naturally
Polymateria combats plastic waste with biodegradable technology that allows plastics to safely break down without microplastics, bridging performance and sustainability for a cleaner planet.
Polymateria
3D-printed patient-specific bone implants
Ossiform advances bone reconstruction with 3D-printed, biocompatible, and biodegradable implants that replicate natural bone, offering personalized solutions for complex defects and injuries.
Ossiform
Scalable high-quality graphene.
Danish Graphene makes high-quality graphene accessible with a patented, scalable, and cost-effective production process, unlocking its transformative potential across industries.
Danish Graphene
Future of clean transportation with cutting-edge energy hubs
AEGIS Energy accelerates the transition to clean transport with multi-energy hubs providing renewable fuels, high-speed EV charging, and future hydrogen refuelling infrastructure.
AEGIS
Sexual Health for Seniors.
Medherant develops advanced transdermal drug delivery systems, including a testosterone patch designed to treat low sex drive in postmenopausal women.
Medherant
Affordable, convenient, and personalised hearing care services
Yes Hearing makes hearing care more accessible and affordable by delivering professional services directly to customers’ homes through a cost-saving model.