February 27, 2024

Orbit advises Earlybird Health on final closing of new EUR 173m fund.

Earlybird Venture Capital’s Health team closes latest healthcare fund of EUR 173m – significantly outsizing the previous one. The fund will predominantly invest in European companies across healthcare sectors including digital health, diagnostics, medical devices, R&D tools, and biopharma.

The new Earlybird Health Fund received support from major institutional investors across Europe, including health insurers, strategic investors as well as other public and private organizations.

Orbit advised Earlybird Health on all legal and tax aspects of the establishment of the fund.

Team

Philipp Neidel (Partner, Lead, Structuring), Simon Schachinger (Partner, Structuring, Tax), Michael Schnitker (Senior Fund Associate, Fundraising), Marven Unewisse (Fund Associate, Investor Onboarding), Louise Hertz (Fund Associate, ESG), Laurin Kühn (Fund Associate, Tax)

Related Links

Earlybird Health closes fresh fund of EUR 173m

Earlybird Health closes €173 million fund to focus on healthcare innovations that improve patient outcomes

Earlybird Health closes twice-larger second fund, will write bigger checks

Healthcare sector attracts increased interest: Earlybird Health's new €173M fund

About Earlybird Venture Capital and Earlybird Health

Founded in 1997, Earlybird Venture Capital invests out of a family of independently managed funds, including flagship funds Digital West (Western Europe), Digital East (Emerging Europe), and Health. With EUR 2 billion under management across all fund streams, 9 IPOs, and 32 trade sales, Earlybird is one of Europe’s most established and active venture capital firms. Earlybird Health employs a technology-agnostic approach, investing in opportunities across various healthcare sectors, including digital health, diagnostics, medical devices, R&D tools, and biopharma, with robust and positive patient outcomes. For further information, visit: Earlybird

About Orbit

Orbit offers client-centered legal advice in all areas of fund law and investments in alternative assets. Fund managers and investors rely on Orbit and its team of experienced fund advisors. Orbit covers structuring, regulatory, tax, investment advice, compliance, and fund due diligence as well as secondary transactions.

Orbit | All. About. Funds.

Responsible Orbit Crew

Philipp Neidel

Partner
Lead
,
Fund Structuring
,

Dr. Simon Schachinger

Partner
Fund Structuring
,
Tax
,

Michael Schnitker

Senior Fund Associate
Fundraising
,

Marven Unewisse

Fund Associate
Investor Onboarding
,

Louise Hertz

Fund Associate
ESG
,

Laurin Kühn

Fund Associate, Certified Tax Advisor
Tax
,

Reach out to Orbit.

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