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Wellington Partners Unveils €210m Eurocentric Biotech/Medtech Fund WPLS-V

 
• By Mike Ward

With its WPLS-IV fund now fully committed, Wellington Partners has returned to the market and raised €210m in its WPLS-V fund which will focus on European biotech and medtech opportunities.

Euro currency
Wellington Closes Oversubscribed Fifth Generation Fund • Source: Shutterstock

European life science companies, especially ones in German-speaking nations, have a new well to draw from as Wellington Partners, the German venture capitalist, has closed its fifth fund at an over-subscribed €210m ($234m). Like its predecessor funds, Wellington Partners Life Science Fund V (WPLS-V) will primarily target European opportunities, although some allocations can be made in select North American and Asian businesses, across the medical life sciences spectrum including biopharma platforms, therapeutics, diagnostics, medical devices and digital health.

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