
Forbion hires Novo Ventures' Lüneborg

Healthcare and life-sciences-focused venture capital firm Forbion has announced the appointment of Nanna Lüneborg as general partner.
Lüneborg joins from Novo Ventures, where she worked on late-stage biopharmaceutical investments. She has prior experience with Apposite Capital, as well as at Cancer Research, where she worked as a business analyst.
In her role at Forbion, Lüneborg will relocate from Denmark to the Netherlands. She will be responsible for Forbion's debut growth fund. Forbion Growth Opportunities Fund I held a EUR 185m first close in July 2020, followed by a final close in April 2021 on EUR 360m, surpassing its EUR 250m target.
Forbion's Growth Opportunities Fund I backs syndicated rounds of EUR 100m-200m, providing growth capital for mature clinical-development companies, pre-IPO funding, and capital injections in companies that are already listed on European stock exchanges. The fund expects to make 10-12 platform investments and deploys equity tickets of EUR 15m-35m.
Forbion's flagship strategy generally targets earlier-stage opportunities, including companies created by Forbion. The latest fund in the strategy, Forbion V, held a final close in December 2020 on its EUR 460m hard-cap, as reported.
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