Gilde Healthcare closes €145 million ($200 million) transatlantic growth capital fund - Gilde Healthcare

Gilde Healthcare closes €145 million ($200 million) transatlantic growth capital fund

November 26, 2013

Utrecht (The Netherlands) and Cambridge (USA, MA) – Gilde Healthcare, the specialist investment firm, today announces the final close of its €145 million ($200 million) transatlantic growth capital fund, Gilde Healthcare III (GHC III). The new fund targets investment in innovative businesses in home and digital health, medical devices, diagnostics and therapeutics both in the United States and in Europe.

GHC III closed at its original target, a major achievement in today’s fundraising environment. The fund is backed by a balanced mix of international corporate and institutional investors including (public) fund-of-funds, family offices, entrepreneurs and Gilde partners. Investors are attracted by Gilde Healthcare’s strong track record of value realization, the most recent of which include the $230 million trade sale of Dutch hemostasis company ProFibrix to The Medicines Company followed by the IPO of Conatus Pharma at Nasdaq. 

The fund has a differentiated investment strategy with a focus on companies that are delivering better healthcare solutions at lower cost. Gilde Healthcare’s hands-on investment team on both sides of the Atlantic actively supports the international growth of its companies. The fund will make equity investments of up to €15 million in a single portfolio company.

GHC III has already invested in four companies and more are expected to be closed before year end. The most recent investment is Sapiens, a Dutch neuro-modulation company focused on deep brain stimulation for patients suffering from Parkinson's disease. Furthermore, the GHC III portfolio includes Inovalabs, which markets portable oxygen concentrators for patients with respiratory conditions, iWalk which commercializes bionic prosthetics for lower leg amputees and Definiens, the leading provider of image analysis software for digital pathology. In total GHC III plans to make up to twelve investments.

About Gilde Healthcare

Gilde Healthcare (Utrecht, The Netherlands and Cambridge, MA, USA) is a transatlantic investment firm specialized in healthcare. It has over €450 million ($600 million) under management in four funds. Apart from three funds dedicated to technological innovations, Gilde Healthcare manages a separate fund aimed at mid-market healthcare service companies.

For a list of Gilde Healthcare’s portfolio companies please visit the website at www.gildehealthcare.com.

Contact
Pieter van der Meer
Managing Partner

Gilde Healthcare
Tel: +31.30.219.2528
www.gildehealthcare.com

Gilde Healthcare raises €600 million to invest in healthcare innovation

A balanced mix of international investors commits €600 million to Gilde Healthcare Venture&Growth VI, a transatlantic investment fund Gilde Healthcare invests in fast growing companies that enable better care at lower cost, supported by its...
April 19, 2023

Gilde Healthcare portfolio company Moximed obtains FDA Market Authorization of the MISHA™ Knee System for People Suffering from Knee Osteoarthritis

Implantable shock absorber (ISA) relieves pain and improves function in people ineligible for, or unwilling to undergo, joint replacement MISHA Knee System is implanted during an outpatient procedure; it's the first and only device of...
April 13, 2023

Gilde Healthcare company Adcendo announces extension of series A financing to EUR 82M to develop its first-in-class ADC pipeline

Gilde Healthcare portfolio company Adcendo Aps (‘Adcendo’), focused on the development of breakthrough antibody-drug conjugates (ADCs) for the treatment of cancers with a high unmet medical need, today announces the successful completion of a Series...
April 4, 2023