Biotech
BHV Partners plans to triple its portfolio and create an investment fund in 2021
BHV Partners, a venture builder specialized in the health sector is looking to invest in up to 15 companies next year and is preparing a fund to finance initial stages. The entity has recently entered, together with the venture capital manager Clave, in the capital of Match biosystems, a biotech company specialized in developing rapid detection tests for pathogens in clinical and veterinary environments.
BHV Partners accelerates its development plans for 2021. The venture builder specialized in the health sector expects to triple its portfolio next year and participate in up to fifteen companies. The entity currently has four investee companies and seeks to create an investment fund, as explained to PlantaDoce by the CEO of BHV Partners, Marta Príncep.
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The venture builder has in its portfolio four companies: Aimentia, Nela Biodynamics, Biel Glasses and Match biosystems
Príncep assured that “we are analyzing to enter in a couple of more companies and to have between ten and fifteen in 2021.” The entity has recently entered, together with the venture capital manager Clave, in the capital of Match biosystems, a biotechnology company specialized in developing rapid detection tests for pathogens in clinical and veterinary environments. The objective of BHV Partners, one of the first venture builders specialized in health in Southern Europe, is to grow biomedical companies until they have enough value to be sold to a large group.
The company was founded at the end of 2018 by Príncep, Albert Zamora, Joaquim Trias and Joan Bigorra, experts in the biomedical sector and health entrepreneurship. BHV Partners has recently entered into the capital of Match biosystems. BHV Partners also plans to create an investment fund in 2021. Príncep pointed out that the platform will have the purpose of financing initial stages. However, the company’s CEO indicates that “the amount of the investment fund is not yet fixed because we are still structuring it.”
BHV Partners closed a financing round with the support of executives from Ferrer, Uriach and GP Pharm
The venture builder closed its first round of financing of half a million euros last October. Príncep reflects that the operation of BHV Partners got the economic support of executives from Ferrer, Uriach and GP Pharm, as well as entrepreneurs, business angels and medical and scientific experts. So far, the entity has only invested in one of the companies it has in its portfolio, Biel Glasses. The biomedical company is developing intelligent glasses that improve the mobility of people with low vision in order to help them perform in their daily lives with greater autonomy.
The company recently closed an investment round of $480,000 (€400,000) in which Wavecontrol, a Catalan multinational in the electronics sector, also participated. Biel Glasses will use these funds to manufacture and market the first smart glasses, which it plans to distribute initially in Spain and Denmark. The venture builder also has Aimenta and Nela Biodynamics in its portfolio. The first company is developing an artificial intelligence platform specialized in mental health, while Nela Biodynamics is a start-up specialized in the design and development of orthopedic devices.
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(Featured image by jarmoluk via Pixabay)
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