Swedish venture capital firm HealthCap specializes in investing in companies that try to find and develop medical solutions to serious diseases such as cancer and genetic diseases.
It's a strategy the firm has had for a long time, and the decision was recently made to expand the team and promote several new partners to advance the efforts.
Five people have boosted the senior team: four of them were promoted from other roles, and the new hire that started in September completes the quintet. Most importantly, HealthCap has promoted Mårten Steen to co-managing partner alongside founder Björn Odlander.
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