TLDR:
- Forbion bioeconomy fund reaches €75m first close, with a target of €150m.
- The fund will focus on businesses concerned with planetary health.
A European venture capital firm, Forbion, has announced the first close of its bioeconomy fund at €75 million. The fund has a target of €150 million and will focus on investing in businesses that are dedicated to improving planetary health. This includes companies involved in agtech and climate solutions.
The bioeconomy fund aims to support innovative companies that are addressing the pressing environmental challenges facing the planet. With the first close at €75 million, the fund is well on its way to reaching its target and making a meaningful impact in the bioeconomy sector.
Investors, particularly those concerned with sustainable and impact investing, are showing strong interest in the fund’s mission to support businesses that prioritize planetary health. The fund’s focus on agtech and climate solutions aligns with the growing demand for sustainable investing opportunities in the market.
Overall, the Forbion bioeconomy fund’s successful first close at €75 million highlights the increasing importance and interest in investing in businesses that are dedicated to making a positive impact on the environment and global health.
