Novo Holdings

Novo Holdings is a Danish holding and investment firm based in Copenhagen, wholly owned by the Novo Nordisk Foundation. Established in 1999, it manages the Foundation's financial assets and aims to ensure sufficient dividends to support its grant obligations for medical and scientific research. Novo Holdings primarily invests in the life science sector, maintaining a diverse portfolio that includes equities, bonds, real estate, infrastructure, and private investments. It holds a significant ownership stake in Novo Nordisk A/S and Novozymes A/S, ensuring a material influence over these companies. The firm actively participates in their governance and is committed to supporting early-stage applied research in life sciences through initiatives like Novo Seeds. By investing in both early and later-stage life science companies, Novo Holdings seeks to balance financial risk while aiming for high returns, all within a framework of shared values and management principles across the Novo Group.

Sibel Arnes

Associate

Nis Bjørnholt Bak

Principal

Michael Bauer

Venture Partner

Raymond Camahort

Principal at Novo Ventures

Lily Chang

Vice President, Growth Investments

Kartik Dharmadhikari

Partner, Bioindustrial Investments

Morten Graugaard Døssing

Investment Director

Aleks Engel

Partner, Novo Holdings (Novo Seeds) and Director, REPAIR Impact Fund

Thomas Grotkjær

Investor and Principal

Kuang He Ph.D

Vice President, Seed Investments

Stephen van Helden

Principal, Bioindustrial Investments, Growth Investments

Deepa Hingorani

Partner, Planetary Health Investments

Johan Hueffer

Senior Partner, Principal Investments

Morten Beck Jørgensen

Managing Partner

Navjeewan Khosla

Partner, Novo Holdings Equity Asia

Max Klement

Principal, Venture Investments

Nilesh Kumar

Senior Principal

Kasim Kutay

CEO

Abhijeet Lele

Senior Partner and Head of US Principal Investments

Jon Levy

Senior Partner

Jeffrey Low, MD

Principal

Heather Ludvigsen

Senior Manager, Venture Investments

Nanna Lüneborg

Principal

Joseph Markson Ph.D

Principal, Venture Investments

Peter Moldt

Partner

Naveed Siddiqi

Senior Partner, Venture Investments

Jim Trenkle

Partner, Venture Investments

Kenneth Harrison Ph.D

Senior Partner

Past deals in Pest Control

Vestaron

Series C in 2022
Vestaron Corporation specializes in the development, manufacture, and sale of peptide-based biologic crop protection products. Founded in 2005 and headquartered in Durham, North Carolina, with a research and development center in Kalamazoo, Michigan, Vestaron offers a range of bioinsecticides including Spear-T, Spear-Lep, and Leprotec, which target various pests in vegetables, fruits, and field crops. The company aims to enhance crop safety, efficacy, and sustainability by providing biopesticides that address resistance issues while ensuring safety for workers and the environment. Vestaron has received notable accolades for its innovative solutions, including the Bernard Blum Award and the Green Chemistry Challenge Award, recognizing its commitment to environmental stewardship and effective crop protection.

Vestaron

Series C in 2022
Vestaron Corporation specializes in the development, manufacture, and sale of peptide-based biologic crop protection products. Founded in 2005 and headquartered in Durham, North Carolina, with a research and development center in Kalamazoo, Michigan, Vestaron offers a range of bioinsecticides including Spear-T, Spear-Lep, and Leprotec, which target various pests in vegetables, fruits, and field crops. The company aims to enhance crop safety, efficacy, and sustainability by providing biopesticides that address resistance issues while ensuring safety for workers and the environment. Vestaron has received notable accolades for its innovative solutions, including the Bernard Blum Award and the Green Chemistry Challenge Award, recognizing its commitment to environmental stewardship and effective crop protection.

BioPhero

Series A in 2021
BioPhero is a pioneer in the development of bio-based pheromones for pest management, focusing on providing cost-effective and safe alternatives to traditional insecticides. The company utilizes a fermentation platform that employs yeasts to produce insect pheromones at low costs, enabling farmers to effectively manage pests while minimizing environmental impact. This innovative approach aims to enhance agricultural practices by offering sustainable solutions that are both affordable and efficient.

Vestaron

Series B in 2021
Vestaron Corporation specializes in the development, manufacture, and sale of peptide-based biologic crop protection products. Founded in 2005 and headquartered in Durham, North Carolina, with a research and development center in Kalamazoo, Michigan, Vestaron offers a range of bioinsecticides including Spear-T, Spear-Lep, and Leprotec, which target various pests in vegetables, fruits, and field crops. The company aims to enhance crop safety, efficacy, and sustainability by providing biopesticides that address resistance issues while ensuring safety for workers and the environment. Vestaron has received notable accolades for its innovative solutions, including the Bernard Blum Award and the Green Chemistry Challenge Award, recognizing its commitment to environmental stewardship and effective crop protection.

Vestaron

Series B in 2019
Vestaron Corporation specializes in the development, manufacture, and sale of peptide-based biologic crop protection products. Founded in 2005 and headquartered in Durham, North Carolina, with a research and development center in Kalamazoo, Michigan, Vestaron offers a range of bioinsecticides including Spear-T, Spear-Lep, and Leprotec, which target various pests in vegetables, fruits, and field crops. The company aims to enhance crop safety, efficacy, and sustainability by providing biopesticides that address resistance issues while ensuring safety for workers and the environment. Vestaron has received notable accolades for its innovative solutions, including the Bernard Blum Award and the Green Chemistry Challenge Award, recognizing its commitment to environmental stewardship and effective crop protection.

BioPhero

Seed Round in 2018
BioPhero is a pioneer in the development of bio-based pheromones for pest management, focusing on providing cost-effective and safe alternatives to traditional insecticides. The company utilizes a fermentation platform that employs yeasts to produce insect pheromones at low costs, enabling farmers to effectively manage pests while minimizing environmental impact. This innovative approach aims to enhance agricultural practices by offering sustainable solutions that are both affordable and efficient.
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