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…

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