An Irish life sciences venture capital fund has launched with a first closing of €75m.
Seroba Kernel Life Sciences Fund II will target opportunities in both Ireland and the UK, and becomes the seventh fund to receive support from Enterprise Ireland’s €175m Seed and Venture Capital Scheme 2007-2012.
Announcing the first close, the Tánaiste and Minister for Enterprise Trade and Employment, Mary Coughlan, said: “This fund is hugely important, marking a significant increase in the availability of capital for companies in the life sciences sector.
