BioInnovation Institute secures new funding to fuel Europe’s biotech boom
BioInnovation Institute (BII) has secured fresh funding to expand its support for startups and innovation across Europe. The move aims to strengthen the region’s biotech sector and bridge the gap between research and commercial success. Since 2018, the Copenhagen-based institute has already helped launch over 130 companies through its specialised labs.
BII was established with backing from the Novo Nordisk Foundation to turn scientific breakthroughs into viable businesses. Its Venture Lab, Bio Studio, and BII Quantum Lab have supported startups in life sciences, biotechnology, and emerging fields like artificial intelligence. The institute’s work has contributed to a fourfold increase in venture capital investment in Danish biotech since its launch.
Over the years, BII has partnered with major organisations to tackle global health challenges. Collaborations with the Gates Foundation and Ferring Pharmaceuticals advanced treatments for women’s health, including FimmCyte’s work on endometriosis. Other initiatives, like Power-to-X technologies and brain disease research, were developed with the Villum Foundation and the Lundbeck Foundation. The new funding will allow BII to scale up its operations. More startups will receive support each year, with a continued focus on life sciences and biotech. The institute also plans to expand into quantum technologies and AI, areas that could transform drug discovery, diagnostics, and industrial biotech. To build a stronger European innovation network, BII will deepen ties with universities, research centres, and industry hubs. The goal is to connect national expertise with a broader ecosystem, though specific partnerships have yet to be announced. While BII has no direct links to projects like BIOGAIN or RECON—led by institutions such as BOKU University and Wageningen University—its expanded role aligns with Europe’s push for greater research collaboration.
The additional funding positions BII to play a bigger part in Europe’s innovation landscape. By supporting more startups and fostering cross-border partnerships, the institute aims to turn research into real-world impact. The Novo Nordisk Foundation has emphasised BII’s role in closing the gap between scientific discovery and commercial success.
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