# BioFund Management: portfolio, investments and team

> BioFund Management is a vc firm based in Finland. 13 investments on record, latest Jun 2008. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/biofund-management (Millionrounds; every figure on the page links to its filing or article)

Finland · [Investor](https://millionrounds.com/investors)

# BioFund Management

Last cheque observed Jun 2008. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Venture Series B Series C

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 13 on record

Since the last cheque **6717** days **00** hrs **00** min **00** sec

Median round **$9.5M** Rounds led **0 of 13** Sole investor **1 rounds** Mostly in **Canada, 18%**

Pitch BioFund Management

## BioFund Management highlights

- 01 13 rounds on record
- 02 Mostly Venture and Series B: 69% of its rounds
- 03 Sole investor in 1 rounds, median $6.5M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** Finland
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **13 appearances**

- **2008** 2 rounds
- **Jun** **[Externautics](https://millionrounds.com/company/externautics)** Venture · IT **$3.9M** With 1 other
- **Jan** **[Genizon BioSciences](https://millionrounds.com/company/genizon-biosciences)** Series E · CA · genizon.com **$31M** With 3 others
- **2007** 1 round
- **Apr** **[Egalet](https://millionrounds.com/company/egalet)** Series B · DK **$28M** With 2 others
- **2006** 2 rounds
- **Jun** **[FIT Biotech](https://millionrounds.com/company/fit-biotech)** Venture · FI · fitbiotech.com **$6.0M** With 1 other
- **Mar** **[Genizon BioSciences](https://millionrounds.com/company/genizon-biosciences)** Venture · CA · genizon.com **$12M** With 4 others
- **2005** 6 rounds
- **Dec** **[Cellartis](https://millionrounds.com/company/cellartis)** Venture · SE · allbusiness.com **$9.5M** With 3 others
- **Sept** **[SpinX Technologies](https://millionrounds.com/company/spinx-technologies)** Series B · CH · spinx-technologies.com **$12M** With 4 others
- **Aug** **[Hyglos](https://millionrounds.com/company/hyglos)** Series C · DE **$9.0M** With 4 others
- **Jun** **[Exiqon](https://millionrounds.com/company/exiqon)** Venture · DK **$20M** With 5 others
- **Apr** **[Ipsat Therapies](https://millionrounds.com/company/ipsat-therapies)** Series C · FI **$9.0M** With 3 others
- **Feb** **[FibroGen](https://millionrounds.com/company/fibrogen)** Series F · US · fibrogen.com **$100M** With 14 others
- **2004** 1 round
- **Jan** **[Galileo Genomics](https://millionrounds.com/company/galileo-genomics)** Venture **$9.0M** With 3 others
- **2002** 1 round
- **Aug** **[Galileo Genomics](https://millionrounds.com/company/galileo-genomics)** Venture **$6.5M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Venture Series B Series C

Median round joined **$9.5M** the round, not its cheque Alone, median **$6.5M**

Led 0 of 13 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Jun 2008

Rounds by stage said on their site

- Venture *7*
- Series B *2*
- Series C *2*
- Series E *1*
- Series F *1*

Cheques by year Led Joined

2002 2008

Often in the room with

- [HBM BioVentures](https://millionrounds.com/fund/hbm-bioventures) 3
- [Index Ventures](https://millionrounds.com/fund/index-ventures) 2
- [Sitra](https://millionrounds.com/fund/sitra) 2

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## Who they invest alongside

The investors most often in the same rounds as BioFund Management. A count of rooms they were both in, not a relationship either has claimed.

[**HBM BioVentures** Growth equity **3** rounds together](https://millionrounds.com/fund/hbm-bioventures)[**Index Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/index-ventures)[**Sitra** Corporate VC **2** rounds together](https://millionrounds.com/fund/sitra)

## Quick answers about BioFund Management

### What does BioFund Management invest in?

BioFund Management invests most often at Venture and Series B (69% of the rounds on record).

### How active is BioFund Management?

13 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2008.

### How big are BioFund Management's cheques?

The median round it joins is $9.5M.

### Does BioFund Management lead rounds?

Rarely, if at all: none of its 13 investments on record names it as the lead.

### Where does BioFund Management invest?

Most of the companies it backs are in Canada (18%), Denmark (18%) and Finland (18%).

### Is BioFund Management investing now?

No investments in the last 12 months; the latest was in Jun 2008.

### Who does BioFund Management invest alongside?

Most often HBM BioVentures (3 rounds together), Index Ventures (2 rounds together) and Sitra (2 rounds together).

### What kind of investor is BioFund Management?

BioFund Management is a VC firm based in Finland.

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