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The rise of European venture capital for biotechnology

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Changes in economic institutions and the entrepreneurial climate, together with a growth in venture capital funds, have greatly increased European biotechnology venture formation in recent years.

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Figure 1: Geographical distribution of public and private biotechnology companies around the world.
Figure 2: Average size of funds in the four stages of the fund life cycle—European versus US VC funds.
Figure 3: Percentage of VC funds that invest in each financing stage.
Figure 4: Where the money is: number of European VC sites with biotechnology companies in their portfolios.

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Authors and Affiliations

  1. Curriculum in Neurobiology, University of North Carolina at Chapel Hill, Chapel Hill, 27599, North Carolina, USA

    Michael Howell

  2. BioAbility, LLC, PO Box 14569, Research Triangle Park, 27709, NC, USA

    Melanie Trull & Mark D Dibner

Authors
  1. Michael Howell
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  2. Melanie Trull
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  3. Mark D Dibner
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Correspondence to Mark D Dibner.

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Howell, M., Trull, M. & Dibner, M. The rise of European venture capital for biotechnology. Nat Biotechnol 21, 1287–1291 (2003). https://doi.org/10.1038/nbt1103-1287

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  • DOI: https://doi.org/10.1038/nbt1103-1287

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