Novo Holdings is a holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation, one of the world’s largest philanthropic enterprise foundations.

Novo Holdings is the controlling shareholder of Novo Nordisk A/S and Novozymes A/S and manages an investment portfolio, with a long-term return perspective. In addition to managing a broad portfolio of equities, bonds, real estate, infrastructure and private equity assets, Novo Holdings is a world-leading life sciences investor. Through its Seeds, Venture, Growth, and Principal Investments teams, Novo Holdings invests in life science companies at all stages of development.

ObsEva

Otonomy

Lava Therapeutics

Nevro

Alder Biopharmaceuticals

Allakos

Amolyt Pharma

Corvus Pharmaceuticals

CymaBay Therapeutics

Xenon Pharmaceuticals

Unchained Labs

Galera Therapeutics

Inozyme

F-Star Therapeutics

Verona Pharma

Arcellx

Novo Holdings

We’re encouraged by the opportunities that lie ahead for life sciences companies this year. We are in the Golden era of #Biotech Innovation, seeing companies expand science and advance new modalities – from RNA or CAR-T technologies, to ADC or Gene Therapy. Startups are venturing into therapeutic areas that were previously dormant, and underlying demographics across the #healthcare industry remain strong. Beyond biotech, the digitization of healthcare systems, and the move towards more preventative models of healthcare will offer pathways for growth for technology companies in the life science space. 
 #JPM2024

We are pleased to announce our 2024 promotions. We would like to congratulate and thank each colleague for embodying our values of Performance, Respect and Responsibility.

Congratulations to Tugrul Ozdemir (Seed Investments), Jeroen Bakker (Seed Investments), Jørgen Søberg Petersen (Seed Investments), Chanie Howard (Venture Investments), Simon Burr, (Venture Investments), Susan Chen (Venture Investments), Joe Markson (Venture Investments), Jorge Becerril (Venture Investments), Anna Fan (Venture Investments), Daniel Flicker, (Venture Investments), Leighanne Oh, (Growth Investments), Noel Jee (Gowth Investments), Christiana Rubini (Principal Investments), Henry La Soya (Principal Investments), Laerke Engkilde (Principal Investments), Mathias Arentoft (Principal Investments), Mathias Rohde Olsen (Principal Investments), Marcus Hørby Søderholm (Principal Investments), Erin Anderson (Principal Investments), Tuomas Toiviainen (Principal Investments), Buster Pilegaard (Capital Investments), Frederik Mølbak (Capital Investments), Joachim Fogh (Capital Investments), Karim Aoussar (Capital Investments), Simon Qian (Novo Holdings Asia), Carol Wang (Novo Holdings Asia), Amit Kakar (Novo Holdings Asia), Sophia Heyde, (Bioindustrial Investments), Yash Bhatnagar (Bioindustrial Investments), Betina Lund Ossian (Finance & Operations), Henrik Klok (Finance & Operations), Mia Böttzauw-Jørgensen (Finance & Operations), Henrik S. Westphal-Andersen (Finance & Operations). 
 
In 2023, we welcomed 29 new colleagues to our offices in Copenhagen, San Francisco, Boston, London, Singapore and Shanghai. We plan to recruit additional colleagues in 2024 across all of our teams and geographies. 
 
Our purpose at Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation. If a career in a values-driven investment company is of interest to you, please keep an eye on our LinkedIn page, where all new vacancies are posted.

At Novo Holdings life sciences are at the core of our heritage, our investments, and our future. We were incorporated in 1999 to manage the wealth and assets of the Novo Nordisk Foundation, with a focus on improving people’s health and the sustainability of society and the planet. 
 
Our portfolio includes the controlling shares for Novo Nordisk and Novozymes and investments in 140+ life sciences companies across the globe. Our investment returns support the grant giving activities of the Novo Nordisk Foundation, which has donated more than USD $5.5 billion to scientific, social, and humanitarian causes since 2018.
#JPM2024

San Francisco will be our home base this week as we meet with companies and investment partners from across the globe. We support companies in the US, Europe and Asia, across the life sciences continuum from very early-stage Seed investments, through the Ventures and Growth stages and into Principal (buyout) investments. With an annual capital deployment target of USD $3 billion, we’re looking forward to a productive #JPM2024 week.

2023 was a year of notable milestones for the Novo Holdings Seed Investments team. Our portfolio companies raised >$460m and we launched SeedLab, a wet laboratory in Denmark which will serve to incubate scientific concepts and ideas. The Novo Holdings Seed Investments team is focused on building and investing in early-stage breakthrough life science companies and on collaborating with innovators globally. You can read the Seed Investments team’s annual review here: 

#lifescienceinvestments #venturecapital #venturecreation #biotech

Today we announced an investment in Nalu Medical, Inc., a medical technology company developing minimally invasive solutions for patients living with chronic neuropathic pain in the lower back and joints. With this financing, Nalu Medical will accelerate product development and commercialization that could benefit up to 16 million patients in the US alone. We’re pleased to expand our portfolio in the chronic pain space, and to support Nalu’s strong management team in this period of rapid commercial growth.
In connection to the financing Novo Holdings Partner Eric Snyder will join Nalu Medical’s Board of Directors. Learn more about Nalu Medical’s technology here: https://lnkd.in/epP9DXE9
#ventureinvestments #investorsinlifesciences #medtech

Antimicrobial resistance poses a worldwide health emergency, and Novo Holdings is committed to playing a role in addressing this issue through its REPAIR Impact Fund.

LimmaTech Biologics AG, a Novo Holdings REPAIR Impact Fund portfolio company, today announced that it is expanding its vaccine pipeline by licensing AbVacc’s innovative vaccine candidate against staphylococcus aureus. LimmaTech will initiate Phase 1 clinical development of the vaccine candidate in 2024 with an option to acquire full worldwide rights after the trial readout.
 
AbVacc has been part of the Novo Holdings REPAIR Impact Fund's portfolio since 2019. AbVacc’s Staphylococcus aureus vaccine has been supported by investments from the U.S. National Institute of Allergy and Infectious Diseases (NIAID) Diseases and CARB-X.
 
Staphylococcus aureus is the leading cause of antimicrobial resistance-related deaths in the U.S. and Europe. It affects approximately 30% of the human population while causing a wide array of infections, from skin and soft tissue infections to severe conditions like pneumonia and bloodstream infections.

Neuropathic pain is a debilitating condition affecting more than 400 million people globally. Hoba Therapeutics, a Danish biotech company co-founded by Novo Holdings, today announced a EUR 23 million Series A that will help to advance the clinical development of HB-086 for the treatment of chronic neuropathic pain conditions.
 
The financing was co-led by Indaco Venture Partners and Medical Incubator Japan, and includes investments from current investors Novo Holdings, Eir Ventures, and the Danmarks Eksport - og Investeringsfond (EIFO).

Today, Novo Holdings portfolio company Doctor Anywhere announced a USD 40.8 million Series C1 extension round with participating investors including Square Peg and Novo Holdings.
Doctor Anywhere is committed to providing comprehensive care that encompasses primary care, specialist care, telehealth, preventive health, and wellness solutions.
 
Founded as a telemedicine platform in Singapore in 2017, Doctor Anywhere has expanded to become a regional healthcare provider, serving more than 2.5 million users in six Southeast Asian countries. The Company has been ranked #3 of the 100 fastest-growing companies in Singapore compiled by The Straits Times and data company Statista.

#telehealth

We are pleased to announce our USD 115 million investment in energyRe, a leading independent US-based energy company focused on solving complex sustainability challenges and providing clean energy solutions in utility-scale transmission, onshore wind and solar, offshore wind, energy storage and distributed generation.
 
energyRe raised a total of USD 300 million. Glentra Capital, an energy investment firm co-founded by Novo Holdings that aims to accelerate the energy transition for a clean and sustainable future, led the fundraising and was also joined by PKA and Elia Group.

Novo Holdings A/S is the holding and investment company responsible for managing the assets and wealth of the Novo Nordisk Foundation, one of the world's largest philanthropic enterprise foundations. It is the controlling shareholder of Novo Nordisk A/S and Novozymes A/S, managing a diverse investment portfolio with a long-term return perspective. The company is a world-leading life sciences investor, with total assets of EUR 108 billion as of year-end 2022.

DK:NOVOHOLDINGS

Novo Holdings A/S

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