Investments
151Portfolio Exits
50Funds
12Partners & Customers
4About TVM Capital Life Science
TVM Capital Life Science is providing venture capital to the international pharmaceutical, biopharmaceutical and medical technology industries with more than 30-years of transatlantic investment track record and in excess of US$1.3bn under management. The life science team boasts more than 120 investments and over 90 exits in the last 30 years, including more than 40 initial public offerings on all major U.S. and European stock exchanges, and combines long-standing international investment and company building experience with their track record of dedicated board work, extensive global networks in the world of life science research and product development and a direct knowledge of the local markets. TVM Capital Life Science currently invests from its 7th fund generation, TVM Life Science Ventures VII, with an integrated team of investment professionals. Fund generations III to VI are managed by managing partners, Dr. Helmut M. SchA¼hsler and Dr. Hubert Birner out of the Munich office.

Want to inform investors similar to TVM Capital Life Science about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest TVM Capital Life Science News
Mar 17, 2023
Ottostraße GERMANY MONTREAL and MUNICH, Germany, March 17, 2023 (GLOBE NEWSWIRE) -- TVM Capital Life Science (“TVM”), a leading international venture capital firm focused on investments in life sciences innovation, today announced that Dr. Luc Marengère, Managing Partner, and Dr. Sascha Berger, General Partner of TVM, will participate in the upcoming LSI USA ’23 Emerging Medtech Summit 2023, which brings together leading innovators, active investors and committed strategics from the medtech industry to partner and build next-generation healthcare technologies. The conference will take place March 20-23, 2023, in Dana Point, California, USA. “Medtech innovation plays a pivotal role in the healthcare ecosystem and has the potential to revolutionize the industry by improving patient outcomes, increasing efficiency, and reducing costs. One key component of our strategy is to invest in disruptive, breakthrough, commercial-stage technologies that map essential future trends and significantly transform current standard-of-care. In addition to connecting with fellow investors and dealmakers to discuss market opportunities and needs, we look forward to meeting young, highly innovative companies at the LSI Summit to further expand TVM’s strong medtech portfolio,” said Dr. Luc Marengère. TVM pursues a unique two-pronged strategy, investing in differentiated medical technologies with commercial proof-of-concept and late clinical-stage therapeutics as well as financing innovative early-stage therapeutics through a single asset company approach (Project-Focused Company, PFC) that leverages TVM’s strategic relationship with global pharmaceutical firm, Eli Lilly and Company. With its late-stage medtech investments, the Company focuses on innovative businesses from North America or the EU working to transform medical practice with their groundbreaking devices and technologies. Dr. Sascha Berger added: “TVM’s track record of successful collaboration highlights our partnership and value-building approach with innovators. As true partners, we work closely with our portfolio companies, striving to understand their ideas, and find ways to advance their innovations to accelerate growth, facilitate market expansion and ultimately help them become or continue to be a leader in their respective markets. With our current fund TVM Life Science Innovation II, we continue to expand our strategy, that has been validated through a number of companies in both Fund I and II, to build a portfolio of differentiated products with strong leadership teams.” Investment highlights from TVM’s medtech commercial-stage portfolio include: Access Vascular Inc. has developed and commercializes award-winning intravenous catheters addressing the most common and costly complications of intravenous therapy: infection, thrombosis, and phlebitis. Engineered to mimic the body’s natural chemistry, Access Vascular catheters are designed to evade foreign body response and related complications. Egg Medical has developed and commercializes a lab radiation protection system that dramatically reduces scatter radiation exposure during interventional angiographic procedures. During an X-ray, radiation reflects off a patient and scatters to anyone else in the room. This results in an increased risk of cancer chromosomal abnormalities, skin damage and eye injury for healthcare professionals in this field. EGGNEST™ reduces scatter radiation exposure by 91% for the entire team without interrupting the workflow. Emovi’s technologies and AI solutions address clinical challenges that exist through the continuum of care for patients with knee pain and pathology. The Company has developed the only FDA cleared, Health Canada licensed and CE Marked medical device to assess the 3D motion of the knee and understand what is happening in patient’s knee in order to better identify causes of symptoms and propose a successful care plan. Kent Imaging, a leading innovator in near-infrared tissue oxygenation imaging, develops, manufactures, and markets medical technology that supports real-time decision-making in wound care, vascular and surgical subspecialties and tracks the healing process. Kent Imaging targets limb preservation and reconstructive surgical markets - areas with clear unmet need, as non-healing wounds are a major burden to patients and the healthcare system. Panthera Dental, a world leader in CAD/CAM implant solutions and dental sleep appliances, has successfully combined creativity, science and know-how to bring to market its proprietary innovative technology to offer next-generation products to the dental industry as well as a novel innovation to treat sleep apnea. The Company just recently launched a new product: The Magnet-XTM, the world’s first removable magnetic implant bar offering stable forces, lateral guidance and stability and easy handling for patients with less dexterity.
TVM Capital Life Science Investments
151 Investments
TVM Capital Life Science has made 151 investments. Their latest investment was in Esperas Pharma as part of their Series B on February 2, 2023.

TVM Capital Life Science Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/21/2023 | Series B | Esperas Pharma | No | 3 | ||
2/8/2023 | Seed VC | LAmAb Biologics | Yes | 3 | ||
2/1/2023 | Seed VC | Recurv | Yes | 3 | ||
2/28/2022 | Series A | |||||
2/1/2022 | PIPE |
Date | 2/21/2023 | 2/8/2023 | 2/1/2023 | 2/28/2022 | 2/1/2022 |
---|---|---|---|---|---|
Round | Series B | Seed VC | Seed VC | Series A | PIPE |
Company | Esperas Pharma | LAmAb Biologics | Recurv | ||
Amount | |||||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 3 | 3 |
TVM Capital Life Science Portfolio Exits
50 Portfolio Exits
TVM Capital Life Science has 50 portfolio exits. Their latest portfolio exit was Rapid Micro Biosystems on July 16, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
7/16/2021 | IPO | Public | 4 | ||
7/30/2020 | Reverse Merger | 3 | |||
11/7/2019 | IPO | Public | 3 | ||
Date | 7/16/2021 | 7/30/2020 | 11/7/2019 | ||
---|---|---|---|---|---|
Exit | IPO | Reverse Merger | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | Public | |||
Sources | 4 | 3 | 3 |
TVM Capital Life Science Acquisitions
2 Acquisitions
TVM Capital Life Science acquired 2 companies. Their latest acquisition was Aspen Technology on October 25, 1994.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
10/25/1994 | Growth Equity | $4M | IPO | 1 | ||
5/27/1993 |
Date | 10/25/1994 | 5/27/1993 |
---|---|---|
Investment Stage | Growth Equity | |
Companies | ||
Valuation | ||
Total Funding | $4M | |
Note | IPO | |
Sources | 1 |
TVM Capital Life Science Fund History
12 Fund Histories
TVM Capital Life Science has 12 funds, including TVM Life Science Innovation II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
10/28/2020 | TVM Life Science Innovation II | $478M | 2 | ||
10/14/2020 | TVM Life Science Ventures VIII | $368.95M | 2 | ||
4/13/2015 | China BioPharma Capital I | $50M | 1 | ||
10/6/2014 | TVM Life Science Ventures VlI | ||||
9/30/2005 | TVM Life Science Ventures VI |
Closing Date | 10/28/2020 | 10/14/2020 | 4/13/2015 | 10/6/2014 | 9/30/2005 |
---|---|---|---|---|---|
Fund | TVM Life Science Innovation II | TVM Life Science Ventures VIII | China BioPharma Capital I | TVM Life Science Ventures VlI | TVM Life Science Ventures VI |
Fund Type | |||||
Status | |||||
Amount | $478M | $368.95M | $50M | ||
Sources | 2 | 2 | 1 |
TVM Capital Life Science Partners & Customers
4 Partners and customers
TVM Capital Life Science has 4 strategic partners and customers. TVM Capital Life Science recently partnered with Eli Lilly and Company, and Neurimmune on October 10, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
10/16/2019 | Partner | United States, and Switzerland | He added : `` We highly value our unique partnership with TVM Capital Life Science and Eli Lilly 's Chorus . | 2 | |
12/7/2016 | Partner | ||||
Partner | |||||
Partner |
Date | 10/16/2019 | 12/7/2016 | ||
---|---|---|---|---|
Type | Partner | Partner | Partner | Partner |
Business Partner | ||||
Country | United States, and Switzerland | |||
News Snippet | He added : `` We highly value our unique partnership with TVM Capital Life Science and Eli Lilly 's Chorus . | |||
Sources | 2 |
TVM Capital Life Science Team
22 Team Members
TVM Capital Life Science has 22 team members, including current Chief Financial Officer, Stefan Fischer.
Name | Work History | Title | Status |
---|---|---|---|
Stefan Fischer | Chief Financial Officer | Current | |
Name | Stefan Fischer | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Financial Officer | ||||
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.