First Closing of the Earlybird Health Tech Fund

Posted on 24. August 2016 by Earlybird VC Blog

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Today we are very happy to announce the first closing of its Earlybird Health Tech Fund. Headquartered in North Rhine-Westphalia, the fund will invest primarily in the field of medical technology across Europe and has a target size of 100 – 120 million Euros. The fund’s investors include, NRW.BANK, the Generali Insurance Group, the German household and medical products manufacturer Miele, as well as the Federal Ministry for Economic Affairs and Energy with a share of the federally administered special fund of the European Recovery Program, the so-called ERP Fund. Of note, for the first time in Germany, a public health insurer, the BARMER GEK, will also take part in the fund.

Please find the official press release here: