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Ireland's Fountain Closes €125m Life Sciences Fund

Kyowa Kirin Comes Onboard

 
• By Kevin Grogan

The Dublin-based venture capital group will be looking to replicate the success of portfolio companies Inflazome and KaNDy, recently acquired by Roche and Bayer respectively, with the biotechs backed from its latest fund.

Euro notes
€125m Raised By Ireland's largest dedicated life science venture capital fund • Source: Shutterstock

Fountain Healthcare Partners of Ireland has put together its third life sciences fund, raising €125m -exceeding its initial target of €100m - and earmarked most of it for European companies.

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