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Boehringer Ingelheim Venture Fund logo

Boehringer Ingelheim Venture Fund

DEUSCNHKFRCHBEATDKILBio/PharmaHealthtechAI/MLDeep TechOther

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Investment thesis

Established in 2010, the Boehringer Ingelheim Venture Fund (BIVF) is a €350M evergreen corporate venture fund with a global presence in the EU, US, and China. As a dedicated Seed/Series A investor with company formation expertise, BIVF primarily invests in pre-clinical assets and platforms, targeting first-in-class, disease-modifying therapeutics across various modalities. Its focus areas are cancer (immuno-oncology & targeted therapy), regenerative medicine (including cell reprogramming & neurodegeneration), auto-immunity, digital solutions supporting the pharma value chain, and infectious diseases (with a focus on AMR). BIVF's activities are closely aligned with Boehringer Ingelheim's strategic interests, fostering potential business development targets. The fund targets unprecedented therapeutic concepts addressing high medical needs — including novel platform technologies to address undruggable targets, new-generation vaccines, and new biological entities — and takes a minority shareholder position with a voting board seat to actively support portfolio companies. Its evergreen structure allows it to support companies across the extended development timelines that novel therapeutics require.

Notable quotes

BIVF is searching for significant enhancements in patient care through pioneering science and its clinical translation by building long-term relationships with scientists and entrepreneurs. Our focus is to target unprecedented therapeutic concepts addressing high medical needs in immuno-oncology, regenerative medicine, infectious diseases and digital health.

Detlev Mennerich · Boehringer Ingelheim press release – BIVF funding announcement · 2018-01-03

Candid conversations. Bold ideas. Shared purpose. We brought together an inspiring group of biotech founders and executives, pioneering scientists, academic tech transfer officers, venture capital co-investors, and our dedicated colleagues from Boehringer Ingelheim.

Detlev Mennerich · LinkedIn post – BIVF Family Day recap · 2024-01-01

Recent investments

CompanyRoundSizeDate
TacalyxSeed$4m2026-04-29
TECregenSeed2026-01-07
STRM.BIOSeed$5m2025-12-01
smartbaxPre-Series A$5m2025-10-22
NuevocorSeries B2025-05-06
ArrePathSeed$7m2025-06-23
Topas TherapeuticsSeries A2017-01-01
Hookipa PharmaSeries A2016-01-01
NBE TherapeuticsSeed2015-01-01
AignosticsSeries A2021-01-01

Frequent co-investors

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