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New Life Science VC Launches With €210m Fund

 
• By Sukaina Virji

Index Ventures has spun off its life sciences team, portfolio companies and funds into a new venture capital firm called Medicxi Ventures, a validation of its 'asset-centric' approach to investing. The new firm launches with the close of Medicxi Ventures 1 (MV1), a new €210m ($250m) fund that will continue focusing on asset-centric, early-stage investments in European life science programs.

Index Ventures has spun off its life sciences team, portfolio companies and funds into a new venture capital firm called Medicxi Ventures, a validation of its 'asset-centric' approach to investing. The new firm launches with the close of Medicxi Ventures 1 (MV1), a new €210m ($250m) fund that will continue focusing on asset-centric, early-stage investments in European life science programs.

Medicxi Ventures will be managed by four general partners: Francesco De Rubertis, David Grainger, Kevin Johnson and Michèle Ollier. The four previously led the life sciences practice of Index Ventures. Read an in-depth interview with De Rubertis and Johnson about Medicxi Ventures

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