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The NLC Health Impact Fund

Your access to the €10 trillion healthcare revolution

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Why invest in healthcare

A shortage of healthcare professionals and an aging population: healthcare is one of the biggest challenges of our time. Yet the toughest challenges can turn into the most rewarding investments.

Your safest gateway to unlock the potential of this €10 trillion market  is the NLC Health Impact Fund.

Why invest in the nlc health impact fund

Instead of investing in a single venture, you invest in the NLC Health Impact Fund, the newest flagship fund of the world's largest healthtech venture builder. You invest in a portfolio of 80-90 ventures from pre-seed to Series A/B and provides you access to healthcare innovations originating from world-renowned universities, hospitals and corporates, that are carefully vetted, supported and scaled by NLC.

the benefits of investing in our fund

High impact
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High impact

As a certified B Corp, NLC supports UN Sustainable Development Goals and adheres to high impact standards (SDFR 9), making it an attractive option for investors seeking both financial returns and positive societal impact.

Derisking through diversification and scale
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Derisking through diversification and scale

With a target size of €100 million, the fund aims to invest in 80-90 ventures and thus investors invest in a diverse portfolio of ventures. The ventures are based across Europe and the US, in the fields of medtech, biotech and digital health, and have different maturity levels. This strategy not only makes early-stage investments more attractive by reducing the risk associated with any single investment, but also enhances the potential for high returns by exposing investors to a broader range of innovative ventures.

Unrivalled healthcare expertise
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Unrivalled healthcare expertise

Investing in The NLC Health Impact Fund means investing in the ventures of NLC Health Ventures. With more than 80 healthcare professionals, NLC has a proven track record of finding the most promising technologies, building and scaling over 120 ventures since inception, 22 of them in 2023 alone.

Live fund and optimal allocation
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Live fund and optimal allocation

Since the first close of the fund in June 2023, the fund has already made its first 50 investments, giving investors joining in a new closing a tangible insight into a large part of the fund’s portfolio. Furthermore, the co-investment structure of the NLC Health Impact Fund ensures that the fund is able to ‘follow the winners’ as capital will be allocated to the most successful ventures in NLC’s portfolio.

the numbers

100M
Target fund size
80-90
Target nr. of portfolio companies
50
Investments made to date
10
Countries active in to date
SDFR 9
Compliant
80+
Healthcare experts in the team
"We invest in innovative companies that keep healthcare accessible and affordable. We see major challenges in healthcare, for which NLC can find suitable innovations from around the world and build them into companies. Our collaboration will make it possible to get these innovations to the patient faster."

VGZ

Dutch Healthcare Insurer

"We believe that investments that are both sustainable and impactful, produce positive results for society. By partnering with specialized funds like NLC, we can achieve financial returns while advancing promising innovations. "

Tessa van der Valk

Managing Director Mr. Roelsefonds

"High quality VC funds in healthcare are relatively rare in Europe, especially when combined with the expertise, depth and strength of the team. Moreover the quality of their process, combined with the venture builder and then providing access to the portfolio companies gives them an undeniable edge when it comes to both impact and return expectations."

Avalon Hill Management

Family Office

"I invested in NLC because it has built a disruptive platform for investment in the (pre)seed phase, generating both high societal impact and high return. For me it is an exciting novel asset category, I am pleased to be part of this journey."

Ivo Lurvink

Founder of True Value Partners and ex-partner at CVC Capital Partners.

Get in touch and explore the opportunities

A selection of ventures in
the NLC health impact fund

Neurolieve Biosciences
Developing Fc2-13 GalR2, an innovative bioengineered protein targeting neuropathic pain.

Neurolieve Biosciences, a pre-clinical stage company, is developing Fc2-13 GalR2, an innovative bioengineered protein (FC fusion protein) targeting neuropathic pain. Peripheral Neuropathy, a debilitating condition affecting millions, damages the peripheral nervous system, causing severe discomfort and lowering quality of life. The fusion protein reduces peripheral neuron excitability, providing pain relief. After successful in vitro and in vivo validations, the company is advancing towards GLP toxicology studies completion.

Active
🇬🇧 United Kingdom
Neurolieve Biosciences
Wavefront
Transforming live-cell imaging using AI technology

Wavefront is revolutionizing live-cell imaging with their AI-driven computational microscope, offering a stain-free imaging technique powered by patented quantitative-phase-imaging (QPI) technology. This approach eliminates the need for costly and invasive chemical staining, preserving cell integrity with real-time visualization of cellular structures with precision and detail. Wavefront's innovative solution has transformative potential research across diverse fields, from cancer research to clinical diagnostics.

Active
🇪🇸 Spain
Wavefront
Axial
Bone repair system reduces pain after surgery and brings better recovery

Axial Orthopaedics Inc. revolutionizes trauma treatment with their innovative intramedullary nailing system. Current systems often lead to bone misalignment and joint pain, blocking post-procedural recovery. Axial Orthopaedics's modular system offers greater flexibility in bone alignment and healing. This system not only addresses postoperative pain but also reduces complications. Its intra-operative modularity and rotational capabilities allow surgeons to achieve better fracture fixation and improved outcomes, filling a crucial gap in current technology.

Active
🇺🇸 United States of America
Axial
Aerion Bioscience
Pioneering early lung cancer screening and saving lives

The challenge with lung cancer lies in its late detection, often leading to unfortunate outcomes. Current screening methods like low-dose CT scans are costly and have radiation risks, while blood tests lack accuracy or are too expensive. Our solution offers a non-invasive blood test that detects lung cancer early with high sensitivity and specificity. This test, with its multi-protein panel, can identify even stage I cancer, improving survival rates and reducing unnecessary procedures.

Active
🇱🇺 Luxembourg
Aerion Bioscience
Profionics
Decoding the communication from the blood-immune system to save lives

NLC's venture, Profionics, advances Cardiff University's sepsis research with a biomarker test combining AI, gene expression, and metabolic analysis for rapid, accurate diagnosis. This test, which works in under 30 minutes with a drop of blood, surpasses traditional methods by quickly identifying those needing antibiotics and reducing unnecessary use, thus combating antimicrobial resistance and saving lives. Particularly impactful in neonatal care, it ensures timely detection critical for newborn survival. Founded by NLC, Cardiff University, and CEO Darren Fergus, Profionics leverages extensive research and a blood sample BioBank, positioning itself as a leader in host response diagnostic testing.

Active
🇬🇧 United Kingdom
Profionics
Loresa
Improving access to laparoscopy in low-resource settings

Laparoscopic surgery, while effective, faces limitations in low-resource areas due to cost and sustainability concerns associated with CO2 insufflation. Gasless laparoscopy provides an alternative, that are costly and difficult to use. To address these challenges, LORESA has developed an affordable and user-friendly gasless laparoscopy retractor, designed with input from surgeons worldwide, offering improved usability and cost-effectiveness. This innovation, aims to democratize laparoscopic techniques, benefiting rural hospitals and developing communities.

Active
🇳🇱 Netherlands
Loresa
MIR Therapeutics
Gene therapy for lasting and potent seizure control in drug resistant epilepsy patients

Epilepsy causes uncontrolled seizures, greatly reducing quality of life and sometimes leading to early death. Over 50 million people worldwide have epilepsy, but only two-thirds respond to medication. For those with drug-resistant epilepsy, treatment options are limited and often ineffective. MIR Therapeutics is developing a new gene therapy to provide lasting and powerful seizure control for drug-resistant epilepsy patients. Their therapy delivers microRNA-335 to the affected brain regions using an AAV9 viral vector, which helps control hyperexcitability by regulating voltage-gated sodium channels. This results in fewer and less severe seizures.

Active
🇳🇱 Netherlands
MIR Therapeutics
Serda
Innovative enzymatic wound debrider offers fast, gentle healing solution

SERDA presents a solution for wound debridement, particularly useful for burn wounds and chronic wounds like diabetic foot ulcers. Traditional debridement methods can be expensive, painful, or less effective. SERDA offers an enzymatic debrider in the form of a hydrogel that selectively breaks down necrotic tissue, leaving healthy tissue intact, promoting faster healing with minimal discomfort for the patient. SERDA aims to improve the efficiency and ease of wound care, providing a more effective alternative to existing options.

Active
🇳🇱 Netherlands
Serda

Key considerations

As with all investments carrying risk, the value of your investment in NLC and its Health Impact Fund could be lost, in full or in part due to unexpected developments. Some of the key risks are listed below. Prospective investors are advised to consult the Information Memorandum of this Fund.

Restricted tradeability

As a closed-end fund, the interests are not freely tradeable. If an investor wishes to sell their fund holdings before the end of the 10-year term, their obtained returns might be negatively affected or the interests might not be tradable or will only be tradable to a limited extent because of lack of another person acquiring their interests. Investors could, thus, be bound to this investment longer than expected or desired.

Start-up risk

The Fund invests in healthtech startups, which are inherently of high risk. Several of the portfolio companies in which the Fund will invest will not be able to turn their current projects into fully commercialized products certified for medical use, negatively affecting the value of the investment.

Market risk

Many of the portfolio companies are projected to need one or more follow-on financing rounds to successfully launch their product on the market. While the fund itself can, inmost instances, also provide this follow-on financing, such investments always need to be matched by external investors. If the portfolio companies are unable to secure this funding, it might lead to a delay or a lack of sources to continue the developmental trajectories of one or more portfolio companies.

Insights

Create a healthier future with us

Hidde ten Brink
Investment Director
Nina Rijnders
Investor Relations
Disclaimer
The Health Impact Fund is accessible to investors residing in all the EU Member States. Investors acquire interests in the Health Impact Fund and not direct ownership in any underlying asset in which the Fund invests. No leverage is used at the fund level.

This webpage is a marketing material which has been prepared by NLC Fund Management B.V. (‘NLC’) with the purpose of sharing relevant information concerning the funds under their management. It does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, which will only be made by means of an information memorandum and/or subscription documents. You may not rely on this webpage as the basis upon which to make an investment decision. This webpage does not purport to be complete on any topic addressed. NLC has not verified or analyzed the information included in this webpage for accuracy or completeness. NLC shall not bear any liability for the information contained in, or any omissions from, this webpage.