Ysios closes EUR 126.4M fund

Spanish venture firm Ysios Capital Partners closed its second fund, Ysios BioFund II Innvierte, with EUR 126.4 million ($138.7 million). The raise was above its EUR 100 million ($109.8 million) target (see BioCentury Extra, March 29, 2014).

Ysios intends to invest in up to 15 early and development stage companies, across Europe and the U.S. with an emphasis on Spain. Investors in the new fund included Spain's Centro para el Desarrollo Tecnologico Industrial (CDTI); the European Investment Fund (EIF) and the European Commission via InnovFin SME Venture Capital, part of the EU's Horizon 2020 strategy; pension funds including Orza and Lagun Aro; Banc Sabadell (BIDSA) and undisclosed private investors. ...