The European Molecular Biology Laboratory is a non-profit organisation and a basic research institute funded by public research monies from 21 member states and two associate members, Australia and Argentina. Research at EMBL is conducted by approximately 85 independent groups covering the spectrum of molecular biology. The Laboratory has five units: the main Laboratory in Heidelberg, and Outstations in Hinxton [the European Bioinformatics Institute], Grenoble, Hamburg, and Monterotondo near Rome.
The cornerstones of EMBL’s mission are: to perform basic research in molecular biology, to train scientists, students and visitors at all levels, to offer vital services to scientists in the member states, and to develop new instruments and methods in the life sciences, and foster technology transfer.
EMBL’s international PhD Programme has a student body of about 170. The Laboratory also sponsors an active Science and Society programme. During the course of its more than 40 years of history, EMBL has had a profound impact on European science in all of these areas. It has achieved so much because it is a truly international, European institution, because it has acquired a critical mass of services and facilities driven by cutting-edge biological research, and because it regards education – at all levels – as a way of life.
In order to facilitate the creation of start-up companies, the EMBL Technology Fund (ETF) has been established. The ETF is a true early stage venture capital fund managed by EMBL Ventures and currently has a total fund volume of € 120 Million under management. The funding is provided by renowned institutional and private investors in Europe, including EMBLEM. The investment focus of the ETF is life-science spanning from diagnostics, bioinformatics, target validation and drug design to technology platforms, medical devices, and therapeutics.
The Fund is committed to being the best partner an entrepreneur can have. It provides long-term equity financing to entrepreneurs to help build and strengthen their companies. With a fund management that has several years of early-stage investment experience the ETF provides more than just money to its portfolio companies. The ETF management team also invests its experience, resources, time, imagination and entrepreneurial energy to create lasting value.