Lundbeckfonden Emerge

Lundbeckfonden Emerge is a strategic initiative of the Lundbeckfonden established in the spring of 2012.

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Description

Lundbeckfonden Emerge seeks to identify and initiate commercial development of scientific opportunities which it considers from its analysis have high commercial potential. The main objective is to turn scientific discoveries and early stage opportunities into commercial ventures with a maturity that allows for full venture financing. Lundbeckfonden Emerge not only offers limited financing for selected cases but also offers seasoned advice or direct participation in new ventures, as part of its unique model to optimize the outcome of the venture to the benefit of all stakeholders. Lundbeckfonden Emerge will seek to develop select projects together with founders and will take on an active role from mentoring to active project management, as is considered optimal for the outcome of the specific project. In this way, Lundbeckfonden Emerge is not a replication of traditional seed funds, but rather a unique way of using research funds to get to commercially viable projects.

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Announced Date Company Transaction Money Raised
3/2018 NMD Pharma Series A 47M
7/2016 NMD Pharma Venture Round 3M
6/2019 AFYX Therapeutics Debt Financing 13M
5/2017 AFYX Therapeutics Series A 17.6M
1/2021 IO Biotech Series B 0
2/2022 NMD Pharma Venture Round 0
5/2021 Cytoki Pharma Series A 45M
2/2022 NMD Pharma Venture Round 0
5/2021 Cytoki Pharma Series A 0
1/2021 IO Biotech Series B 0
6/2019 AFYX Therapeutics Debt Financing 0
3/2018 NMD Pharma Series A 0
5/2017 AFYX Therapeutics Series A 0
7/2016 NMD Pharma Venture Round 0
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