Trill Impact Closes Venture Fund after Raising ‚¬90M


credit:

Sweden's Trill Impact has made its first venture fund a success with the final close of its $90 million fund.

The fund, the first of its kind in Europe, was backed by institutional investors across Europe, with financial services group Nordea and Swedish state-owned venture capitalist Saminvest being the biggest investors, reports Quartz.

The fund is investing in life sciences and green tech companies developing solutions to future health and environmental challenges.

The portfolio companies include Open Cosmos, a European producer of small satellites, and Cinclus Pharma, a Swedish clinical-stage pharmaceutical company focused on the development of a novel treatment for gastroesophageal reflux disease.

"The fundraising environment for venture capital has been undeniably challenging lately, with a cautious sentiment and lower risk appetite across markets," says Johanna Levander, partner and head of investor relations at Trill Impact Advisory.

"We are therefore extra proud to have completed this fundraise while at the same time building a portfolio of what we see as very promising scale-ups."

Trill Impact has raised more than $1.3 billion since it was founded in 2019 and has invested in three categories: impact private equity, impact ventures, and impact ventures.

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Research Retrospective: Innovations Drive Advances in Health, Well-Being

Brock University scholars are creating innovations that advance research in their disciplines and beyond.Early detection and analysis of nodules done through computed tomography (CT) screening has...more

Cannabis Terpenes, Cami and Long Covid: U of A Health Sciences' Top News Releases of 2024

This year, the University of Arizona Health Sciences published research on the potential of cannabis terpenes for pain relief.The U of A Health Sciences also reported on new findings in the areas of...more

Ccbhc Innovations: Mous, Dcos and Informal Partnerships

Memorandums of Understanding (MOUs), Designated Collaborating Organizations (DCOs), and informal partnerships are critical strategies for Community Behavioral Health Clinics (CCBHCs) to enhance...more

Frontiers in MS Research: Driving Innovation and Collaboration For A Better Future For ...

Frontiers in MS Research: Driving Innovation and Collaboration for a Better Future for People with MS - MS Australia.The symposium highlighted groundbreaking research on MS prevention, early...more

Med-El Contest Aims to Inspire Young Hearing Health Innovators

MED-EL Contest Aims to Inspire Young Hearing Health Innovators.Open to children aged 6 to 12 years, this year's contest is in celebration of World Inventors Day.The contest encourages entrants to...more

Bedrock Plans New Innovation District At Former Jail Site

Bedrock will team up with BAMF Health, Michigan Innovation Headquarters (MI-HQ), Ferris State University, Wayne State University and TechTown on the project.Henry Ford Health and Michigan State...more

December 2024 Tiff Call For Applications

The Trifecta Initiative Facilitating Fund (TIFF) Awards are designed to provide investigators with resources towards federally funded NIH/NSF proposals.The TIFF Award is intended for targeted data...more

Hca Healthcare Provides $50,000 Grant

Officials with HCA Healthcare and the Virginia Foundation for Community College Education held a check presentation at Virginia Western Community College.The $50,000 grant will provide seed money to...more

Andersen Corporation Announces $50.8 Million in Year-End Profit Sharing and 2024 ...

Andersen Corporation Announces $50.8 million in Year-End Profit Sharing and 2024 Donations Totaling Over $5 million in Support of Local Communities.Andersen and its corporate foundation continued...more

Wayne State Professor Awarded Lou Guillette Jr. Outstanding Young Investigator Award

The award is given annually to an outstanding young scientist working on some aspect of endocrine disruption research.It is in memory of Lou Guillette, Jr., Ph.D., the former director of the Marine...more





First Enterprise Business Agency (FEBA), a Nottingham-based business support organization, is a contender for two categories at the first Citi Microentrepreneurship Awards to be held this coming February.



Federal Government Grant and Assistance Programs


Swift and Certain Sanctions/Replicating the Concepts Behind Project HOPE | Chesapeake Bay Program | American Council of Young Political Leaders | Shelter Plus Care | Biomonitoring Programs for State Public Health Laboratories | Firefighter/Emergency Medical Services (EMS) Outreach, Technology Transfer, Information Disseminatio | State Administrative Expenses for Child Nutrition | State Indoor Radon Grants | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders