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The NLC Health Impact Fund

DOWNLOAD FACTSHEET AND
get in touch with the team

Invest in a diversified portfolio of healthcare companies

The NLC Health Impact Fund is NLC’s fourth fund and has been actively investing since 2023. The fund has built a diversified portfolio of 50+ healthcare companies that extend and improve people’s lives.

Following the continued development of the portfolio, NLC is launching a one-time extension of the fund to double down on the ventures within the portfolio demonstrating strong progress.

Investors will get access to a highly diversified portfolio and the opportunity to support the most promising companies.

Why invest in the nlc health impact fund

Instead of investing in a single venture, you invest in the NLC Health Impact Fund, the fourth fund of Europe's largest early-stage healthcare investor. You invest in a portfolio of 50+ companies from pre-seed to Series A/B and will have access to investments in 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 (SFDR 9), making it suitable for investors seeking both financial returns and positive societal impact.

Diversification and scale
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Diversification and scale

The fund invests in 50+ companies, giving investors exposure to a diversified portfolio. The companies are based across Europe and the US, spanning medtech, biotech and digital health, and represent different stages of maturity. This strategy reduces the risk associated with any single investment while enhancing the potential for higher returns by providing exposure to a broader range of innovative companies.

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 a team of over 40 healthcare professionals, NLC has a proven track record of building and scaling over 100 ventures since inception.

Direct access to a portfolio, no blind pool
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Direct access to a portfolio, no blind pool

The NLC Health Impact Fund has been actively investing since 2023. As a result, investors participating in the extension know which ventures they are investing in.

the numbers

34.4M
Fund size
50+
Nr. of portfolio companies
2023
Vintage
10
Countries active in to date
SFDR 9
Compliant
40+
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

NeurOdys Therapeutics
Developing treatments to slow or reverse Alzheimer's disease

With over 50 million people living with Alzheimer's and numbers expected to triple by 2050, there's an urgent need for effective treatments. Alzheimer's is a leading cause of death and imposes a global economic burden of $1 trillion annually. Our novel DYRK1A inhibitor aims to slow or even reverse Alzheimer's progression by targeting key pathways with high specificity and effective blood-brain barrier penetration. This innovative small molecule offers superior disease-modifying potential, addressing current treatment limitations and providing new hope for patients and healthcare systems worldwide.

Active
🇳🇱 Netherlands
NeurOdys Therapeutics
MLA Diagnostics
Personalised measurement of melanoma malignancy

MLA Diagnostics improves melanoma diagnosis, offering personalized measurement of malignancy levels. Traditional diagnosis often leads to overtreatment or undertreatment, resulting in patient distress or undetected cancer progression. By analyzing methylation, our test provides accurate prognosis, enabling tailored treatment plans and saving lives. With the melanoma therapeutics market on the rise, our innovative solution is poised to make a significant impact, improve patient outcomes and create opportunities.

Active
🇳🇱 Netherlands
MLA Diagnostics
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
Midland Pharmaceuticals
Developing MLP-1236, for the treatment of spinal cord injury and ischemic stroke

Spinal cord Injury represents a large unmet medical need with approximately 1.2M new cases per year resulting mainly from motor vehicle accidents, falls and water related accidents. Currently available treatments only offer symptomatic relief but do not target the underlying pathophysiologic changes. The spinal cord injury market is predicted to reach US$3B by 2025. MLP-1236 is a First in class dual inhibitor of matrix metalloproteinases (MMP) 9 and MMP 12 and has already completed Phase 1 and Phase 2a clinical studies. In preclinical models, MLP-1236 was effective in preventing/reversing the neurodegeneration associated with spinal cord injury and ischemic stroke.

Active
🇬🇧 United Kingdom
Midland Pharmaceuticals
Intercept tx
More information coming soon

More information coming soon

🇳🇱 Netherlands
Intercept tx
Audaxis Medical
Next-generation mid-urethral support for safer treatment of stress urinary incontinence

Audaxis Medical revolutionizes the treatment of stress urinary incontinence with Plielle™, a next-generation polyurethane support system. While traditional polypropylene slings often lead to chronic inflammation and tissue complications, Plielle™ offers a safer alternative by replicating the native structure and viscoelastic properties of the pelvic floor. By providing a high-performance, biocompatible solution that integrates seamlessly with human tissue, Audaxis aims to improve clinical outcomes and restore patient confidence, filling a critical gap in women’s healthcare.

Active
🇺🇸 United States of America
Audaxis Medical
Amotio
Easier joint implant revision surgery through 3D technology

Amotio addresses the challenge of revision surgeries for hip, knee, and shoulder implants with their innovative approach. Collaborating with expert revision surgeons and guided by NLC, they offer a patented solution for improved implant revision surgery. By developing unique bone cement removal devices and integrating advanced patient-specific 3D surgical planning and printing technology, Amotio aims to set a new standard for excellence in these surgeries. Their goal is to reduce complexity, trauma, and recovery time while cutting costs for healthcare providers.

Active
🇳🇱 Netherlands
Amotio
MindAffect
Building the next generation of hearing & vision diagnostics

MindAffect is redefining what’s possible in diagnostics. By harnessing Brain-Computer Interface technology and AI, we can “read” how the brain reacts to sound and visual stimuli—objectively, in real time, and without requiring a single response from the patient. At the core is our patented and clinically validated Rapid CAEP® technology, which captures the brain’s automatic reactions. This breakthrough allows clinicians to diagnose patients who would otherwise be difficult or impossible to test—such as infants, seniors, and individuals with disabilities. In a world where over two billion people are underserved by current diagnostic methods, this changes everything. Our first product, Sofi, is the world’s fastest objective hearing diagnostic system, delivering accurate hearing thresholds in minutes. Sofi has been validated in leading hospitals, championed by key opinion leaders across the audiology community, and recognized globally—winning the Innovation Award at the World Congress of Audiology

Active
🇳🇱 Netherlands
MindAffect

Key RISKS

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 for an overview of all relevant risk factors

Restricted tradeability

As a closed-end fund, the interests and underlying investments are illiquid and not freely tradeable. If an investor wishes to sell their interests in the fund before the end of the fund term, their 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 performance of the Fund and potentially the value of the investment made.

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 could make follow-on investments pursuant to its terms and conditions, such follow-on 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, which might negatively impact the performance of the Fund and potentially impact the value of the investment made.

Insights

Create a healthier future with us

Nina Rijnders
Business Development & Capital Acquisition
Disclaimer
Finally, 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.

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 fund under its 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.