VIB-backed venture capital firm V-Bio Ventures has reached the final close of its second fund and hired Shelley Margetson as managing partner.
V-Bio Ventures, the Belgium-based venture capital firm aligned with research institute VIB, closed its second fund at €110m ($120m) today, exceeding its €100m target.
The firm did not identify any new limited partners. It had achieved a €96m second close by January this year, when limited partners included VIB, KU Leuven and Ghent University.
Limited partners in V-Bio Fund 2 also include vegetable raw materials trader Vanden Avenue…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
