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ARTICLE | Data Byte

Andera latest European VC to close largest-ever fund

BioDiscovery 6 to deploy €456 million for EU, U.S. therapeutics, medtech investments

By Stephen Hansen, Associate Editor
October 10, 2022 10:49 PM UTC

Andera has joined a growing list of European VCs to raise their largest-ever fund with a majority being allocated to therapeutics investments.

Andera Partners announced Monday the final close of its BioDiscovery 6 fund at €456 million ($442.6 million), exceeding its €450 million target. It is a 32% increase over the firm’s 2018 vintage BioDiscovery 5, which closed at €345 million...

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