415 CAPITAL holds first close for VC fund

The Germany-based fund manager expects to raise €85m by the end of 2020.

  • Fund name: New MedTech Venture Capital Fund (415 Capital Fund I)
  • Target size: €85 million
  • Stage of fundraising: First close
  • First close date: January 2020

415 CAPITAL has announced that the firm has held a first close on an undisclosed amount for its New MedTech Venture Capital Fund. The fund will invest in early and development-stage medical device companies in Europe, Israel and the United States.