The pioneering company in the life sciences venture capital sector Asabys Partner, member of CATALONIA.HEALTH, announced today the successful final close of its second fund, Sabadell Asabys Health Innovation Investments II (SAHII II) with total commitments of €180 million ($200M), exceeding its initial target of €150 million.
The SAHII II fund welcomed new American and international investors, and once again has the strategic support of the main investor Banco Sabadell, the European Investment Fund, Global Fund, Innvierte Sustainable Economy and the Catalan Institute of Finance, among others.
Moreover, the fund SAHII II will invest in 12 to 15 companies in line with Asabys’ core strategy of funding biopharma, medical device and digital health companies that develop novel solutions for unmet medical needs building on solid scientific evidence and a clear benefit for patients.
Josep Sanfeliu, founding and managing partner at Asabys, commented: “We value the support and confidence from our new and existing investors who have joined us for our second fund and share our commitment to global life science innovation and emerging scientific developments in AI, biology and new materials. Our experienced team and the track record we have built since our inception in 2018 provide us with a strong position to continue executing our investment strategy.”
In addition, Clara Campàs, founding and managing partner at Asabys: “The successful and oversubscribed close of our SAHII II fund allows us to continue investing in the Spanish life sciences ecosystem, while strategically broadening our focus to Europe and other global markets. This new fund will enable us to back highly differentiated science and technology-driven companies developing new candidates that provide true benefits for patients.”
Related news:
ICF invests €10m in Asabys Fund II, which already has 3 investees (18 of September 2023)
Asabys announces the first close of its fund and appoints Sylvain Sachot and Guillem Masferrer as partners (16 of February 2023)
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