BioGeneration raises €66M for third fund

Dutch investment firm BioGeneration Ventures (Naarden, the Netherlands) said it raised €66 million ($73.9 million) toward its third fund, exceeding the fund's €50 million ($56 million) target. The firm said that by year end, it believes it can reach the fund's maximum size of €75 million ($84 million).

Among the investors in the fund's new third close was the European Investment Fund, which includes contributions from InnovFin Equity and the Dutch Venture Initiative II...