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HBM Healthcare Investments

Europe, Zug, Switzerland, Zug

Description

HBM Healthcare Investments is a leading global investment company focused exclusively on the human medicine, biotechnology, medical technology, and diagnostics sectors. Headquartered in Zug, Switzerland, and publicly listed on the SIX Swiss Exchange (HBMN), the firm provides capital to both private and public companies with high growth potential. Their strategic approach emphasizes long-term value creation by identifying innovative businesses that are developing groundbreaking therapies, devices, or diagnostic tools to address significant unmet medical needs worldwide.

The firm's investment strategy is diversified across various stages, though it typically targets late-stage private companies that are approaching clinical or commercial milestones, as well as established public companies. HBM Healthcare Investments often participates in significant financing rounds, with initial investments in private companies frequently ranging from approximately $11 million to $55 million (CHF 10-50 million). This flexibility allows them to support companies through critical development phases, from clinical trials to market entry. Their portfolio is carefully curated, reflecting a deep understanding of the complex and rapidly evolving healthcare landscape.

As of recent reports, HBM Healthcare Investments manages a substantial portfolio with a net asset value (NAV) often exceeding $2.75 billion (approximately CHF 2.5 billion). This significant capital base enables them to make substantial commitments and follow-on investments in their most promising portfolio companies. With a focus on global opportunities, HBM Healthcare Investments has built a reputation as a sophisticated and patient investor, leveraging its extensive industry network and expertise to foster the growth of its portfolio companies. Their commitment to the healthcare sector is evident in their consistent pursuit of companies poised to make a transformative impact on global health.

Investor Profile

HBM Healthcare Investments has backed more than 252 startups, with 7 new investments in the last 12 months alone. The firm has led 47 rounds, about 19% of its total and boasts 74 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Germany, Switzerland.
  • Strong thematic focus on Biotechnology, Health Care, Medical.
  • Led 1 rounds in the past year.
  • Typical check size: $11M – $55M.

Stage Focus

  • Series B (23%)
  • Series C (22%)
  • Series A (12%)
  • Series Unknown (12%)
  • Series D (10%)
  • Convertible Note (8%)
  • Series E (5%)
  • Post Ipo Equity (3%)
  • Private Equity (2%)
  • Debt Financing (1%)

Country Focus

  • United States (63%)
  • Germany (8%)
  • Switzerland (8%)
  • China (4%)
  • Canada (4%)
  • India (3%)
  • Colombia (2%)
  • Denmark (2%)
  • Israel (1%)
  • United Kingdom (1%)

Industry Focus

  • Biotechnology
  • Health Care
  • Medical
  • Pharmaceutical
  • Therapeutics
  • Medical Device
  • Biopharma
  • Life Science
  • Health Diagnostics
  • Oncology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does HBM Healthcare Investments frequently co-invest with?

OrbiMed
North America, New York, United States, New York
Co-Investments: 30
Novartis Venture Fund
Europe, Basel-Stadt, Switzerland, Basel
Co-Investments: 12
CA
North America, Massachusetts, United States, Boston
Co-Investments: 30
HBM Partners
Europe, Zug, Switzerland, Zug
Co-Investments: 18
RTW Investments
North America, New York, United States, New York
Co-Investments: 11
RA Capital Management
North America, Massachusetts, United States, Boston
Co-Investments: 15
Novo Holdings
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 18
SR One
North America, Massachusetts, United States, Cambridge
Co-Investments: 13
Alta Partners
North America, Mississippi, United States, Jackson
Co-Investments: 13
OUP (Osage University Partners)
North America, Pennsylvania, United States, Bala Cynwyd
Co-Investments: 11

Which angels does HBM Healthcare Investments often collaborate with?

LC
North America, Massachusetts, United States, Boston
Shared Deals: 1
HT
Europe, Noord-Brabant, The Netherlands, Tilburg
Shared Deals: 1
Rubal Jain
Asia, Delhi, India, New Delhi
Shared Deals: 1
TA
North America, Massachusetts, United States, Cambridge
Shared Deals: 1
SP
Europe, Germany
Shared Deals: 1
FM
North America, United States
Shared Deals: 1
Vardaan Sharma
Asia, Punjab, India, Ludhiana
Shared Deals: 1
SH
North America, New Hampshire, United States, Center Harbor
Shared Deals: 1

What are some of recent deals done by HBM Healthcare Investments?

Neuron23

San Francisco, California, United States

Neuron23 is a developer of drugs intended to treat Parkinson's disease and Alzheimer's disease.

Health CareMedicalPharmaceutical
Series DJun 24, 2025
Amount Raised: $96,500,000
Fore Biotherapeutics

Philadelphia, Pennsylvania, United States

Fore Biotherapeutics is a precision oncology company specializing in cancer therapies guided by functional genomics.

BiotechnologyHealth CareHealth DiagnosticsMedicalOncology
Series DMay 6, 2025
Amount Raised: $38,000,000
Curevo

Bothell, Washington, United States

Curevo is a clinical-stage biotechnology company developing next-generation, non-mRNA vaccines for infectious diseases.

BiopharmaBiotechnologyHealth CareMedical
Series BMar 17, 2025
Amount Raised: $110,000,000
Numab

Wadenswil, Zurich, Switzerland

Numab is a biotechnology company that offers antibody-based therapeutics for the treatment of severe diseases.

BiopharmaBiotechnologyHealth CareHealth DiagnosticsLife ScienceMedicalTherapeutics
Series CJan 9, 2025
Amount Raised: $54,939,501
Molecular Partners

Zürich, Zurich, Switzerland

Molecular Partners is a clinical-stage biopharmaceutical company.

BiotechnologyMedicalPharmaceutical
Post Ipo EquityOct 25, 2024
Amount Raised: $20,000,000
Sphingotec GmbH

Hohen Neuendorf, Brandenburg, Germany

SphingoTec develops innovative biomarkers for the diagnosis, prediction, and monitoring of acute medical conditions.

Biotechnology
Series CAug 8, 2024
Amount Raised: $5,469,089
Chemomab

Tel Aviv, Tel Aviv, Israel

Chemomab is a clinical-stage biotech company focusing on the discovery and development of innovative therapeutics.

BiotechnologyHealth CarePharmaceutical
Post Ipo EquityJul 25, 2024
Amount Raised: $10,000,000
Cartesian Therapeutics

Gaithersburg, Maryland, United States

Pioneering Potent, Safer Cell Therapy in and Beyond Oncology

BiotechnologyOncology
Post Ipo EquityJul 2, 2024
Amount Raised: $130,000,000
Bluejay Therapeutics

San Mateo, California, United States

Bluejay Therapeutics is a private biopharmaceutical company focused on the development of cures for infectious diseases.

BiotechnologyHealth CarePharmaceutical
Series CMay 9, 2024
Amount Raised: $182,000,000
Karius

Redwood City, California, United States

Karius delivers genomic insights into infectious diseases, helping clinicians make critical, life-saving treatment decisions.

BiotechnologyGeneticsHealth CareInformation TechnologyLife SciencePrecision Medicine
Series CMay 2, 2024
Amount Raised: $100,000,000