Irish life sciences fund Fountain raises €85m in second fund

Group targeting European investments in specialty pharma, biotech, medical devices and diagnostics

Fountain Healthcare founders (from left) Dr Ena Prosser, Justin Lynch, Dr Manus Rogan and Aidan King. Photograph: Nick Bradshaw

Fountain Healthcare founders (from left) Dr Ena Prosser, Justin Lynch, Dr Manus Rogan and Aidan King. Photograph: Nick Bradshaw

Venture capital group Fountain Healthcare has raised €85 million in a second fund to drive investment in Europe’s life sciences sector.

Ireland’s largest dedicated life sciences venture capital group now has €158 million under management and is looking for additional investors to bring the amount in this new fund up to €125 million.

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