BIP Investment Partners S.A. is an investment company based in Luxembourg City, in southern Luxembourg. Its activities are divided between providing private equity to businesses, particularly venture capital to startups, and investing in large, well-established Luxembourg-based businesses
The company was founded in 2000 as a joint venture between Banque Générale du Luxembourg (BGL), now a part of Fortis Group, and several smaller partners, under the name BGL Investment Partners, which was changed to 'BIP Investment Partners' in February 2006 after the rebranding of BGL. BIP is listed on the Luxembourg Stock Exchange, where it is one of the ten component companies of the main LuxX Index stock market index.
Movetis NV, of Belgium, closed a 49 million [euro] (US$63.8 million) Series A round, led by Sofinnova Partners (France) and Life Science Partners, with participation from Sofinnova Ventures (US), KBC Private Equity, KBC Private Equity Fund Biotech, GIMV, Quest for Growth and BIP Investment Partners.(Other News To Note)
Jan 10, 2007; Movetis NV, of Belgium, closed a 49 million [euro] (US$63.8 million) Series A round, led by Sofinnova Partners (France) and Life...