CRB Health Tech
CRB Health Tech is a Spanish venture capital management firm founded in 2008 that manages specialized health technology funds across biotech, medical devices, and digital health, investing at seed and Series A stages in Spain and Europe.
- Company typePrivate
- Founded2008
- HeadquartersMadrid, Spain
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CRB Health Tech does
CRB Health Tech (formerly CRB Inverbío) is a Spanish venture capital management firm founded in 2008 and headquartered in Madrid with a regional office in Barcelona. The firm specializes exclusively in health technology investments and currently manages three specialized funds: CRB Bio I (biotechnology/life sciences), CRB Bio II (medical devices), and the Digital Health III fund, which received CNMV authorization in October 2023 as the first European VC fund dedicated exclusively to digital health in Spain. CRB sources deal flow from public research centers in Spain and Europe, screening more than 500 projects annually, and invests primarily at seed and Series A stages with ticket sizes of €500k–€1.5M (up to €4–5M for highest-conviction deals), targeting approximately 25 portfolio companies in its current fund.
The firm's revenue model follows standard VC fund economics, comprising management fees on assets under management and carried interest from portfolio exits. Its limited partner base spans insurance (Sanitas), banking (CBNK), corporates (Roca Group, Cantabria Labs, Aldo Union, GP Pharm, Tiselab, Nextlink), and public institutions (Spanish Government via SETT, ICF, Ajuntament de Barcelona). The Digital Health III fund targets a €50M size and had exceeded €30M by October 2025. The team combines executives with prior leadership experience at GE Healthcare and Philips Healthcare, supplemented by a global pharma executive and Spanish entrepreneurship ecosystem operators. CRB's investment thesis centers on three verticals: digital diagnostics (AI applied to diagnosis), digital therapeutics, and data integration platforms. The firm completed a full value-creation cycle with its Health in Code exit in February 2026 at a 3x multiple, with the portfolio company's sales having grown 8x and international revenue reaching ~30% during CRB's stewardship since 2013.
CRB Health Tech firmographics
Firmographics- Name
- CRB Health Tech
- Legal name
- CRB HEALTH TECH, S.G.E.I.C., S.A.
- Website
- https://crbhealthtech.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CRB Health Tech is a Spanish venture capital management firm founded in 2008 that manages specialized health technology funds across biotech, medical devices, and digital health, investing at seed and Series A stages in Spain and Europe.
- Ownership category
- akta.pro rank
CRB Health Tech industry classification
Industry- Product category
- Venture Capital Management
- NAICS
- Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282), Finance Services (6199)
- akta.pro primary industry
- Corporate Fintech / Insurtech CVC (Financial-services-led CVC) (FSANAHAK)
Keywords
Where CRB Health Tech is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices2 records
Markets served
CRB Health Tech business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Fund Management Fees: CRB Health Tech generates revenue through management fees charged on the funds under management, typical of venture capital fund structures.
- Carried Interest: The firm earns carried interest (performance fees) from successful exits and realizations from its portfolio companies, aligning fund manager incentives with investor returns.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
CRB Health Tech product offering
Product offeringCore offering
CRB Health Tech is a venture capital management firm that raises and manages specialized investment funds focused on health technologies. It currently manages three funds—Fund I (biotech/life sciences), Fund II (medical devices), and Digital Health III (digital health, the first European fund dedicated exclusively to digital health in Spain)—providing seed and Series A equity capital, strategic support, regulatory navigation, and access to an international network of healthcare partners to portfolio companies.
Product overview
CRB Health Tech is a Venture Capital Management firm founded in 2008, headquartered in Madrid and Barcelona, managing three specialized investment funds focused on health technologies: Fund I (biotechnology/life sciences), Fund II (medical devices), and Fund III (Digital Health III – the first fund dedicated exclusively to digital health in Spain). The firm operates at the intersection of science and technology, ventures and innovation, and digital and healthcare, providing capital and strategic support to visionary entrepreneurs transforming the healthcare landscape across Europe.
Differentiator
Problem solved
Functional benefit
Products and services
- Fund I (CRB Bio I) CRB Health Tech's first investment fund focused on biotechnology and life sciences, with portfolio companies including Health in Code (molecular genetic diagnosis of familial cardiac diseases), TCD Pharma (oncology small molecules), Green Molecular (pterostilbene formulations), Biocross (Alzheimer blood biomarkers), OWL Metabolomics (NASH diagnostics), and nLife Therapeutics.
- Fund II (CRB Bio II) CRB Health Tech's second investment fund specializing in medical devices and related technologies, including Raman Health Technologies (spectroscopy diagnostics), Iden Biotechnology, Aglaris Cell (bioreactor technology), Oncovision (PET imaging), AMADIX (cancer blood tests), NUUBO (wearable cardiac textiles), and Mecwins (nanomechanical biosensors).
- Digital Health III Fund CRB Health Tech's third and latest fund dedicated exclusively to digital health, targeting seed and Series A companies in Spain and Europe with ticket sizes of €500k–€1.5M (up to €4–5M per company). Current portfolio includes Thryve, Carol, Livo, Prosoma, Toothfairy, Zoundream, and Circle Health. The fund focuses on platforms bridging healthcare access and efficiency, diagnostic solutions enhancing precision, and digital treatment interventions.
Quantifiable outcome
- Health in Code sales grew 8x during CRB Bio II's stewardship
- +3 more outcomes
Companies that use CRB Health Tech
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles2 records
CRB Health Tech technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CRB Health Tech partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- AstraZeneca (ACCIÓN Accelerator)minorCRB Health Tech joined ACCIÓN, a new health innovation accelerator launched by AstraZeneca in collaboration with Wayra and Kunsen. The program aims to connect startups and healthcare professionals to validate and scale healthcare solutions.
- CaixaBank CIBminorCRB Health Tech granted a mandate to CaixaBank CIB to source professional investors including industrial groups, corporate ventures, fund-of-funds, and family offices in Spain and Europe for its Digital Health III fund.
Scale indicators14 records
Recent moves1 record
Expansion highlights5 records
CRB Health Tech competitors and assessment
Company assessmentDirect peers
- Kurma Partners: Paris-based European health-tech and biotech venture capital firm. Comparable fund size, stage focus and digital-health/life-sciences thesis, competing for pan-European deals outside Spain.
- Andera Partners: Paris-based private equity and venture capital firm with dedicated life-sciences and healthcare funds. Targets European healthcare growth and buyouts at comparable stages to CRB's portfolio.
- Alta Life Sciences: Barcelona-based early- and growth-stage investor in life sciences and healthtech. Operates in the same Spanish innovation corridor (Barcelona/Madrid) with overlapping digital-health and biotech mandates.
- Caixa Capital Risc: Spanish venture capital arm of CriteriaCaixa investing across health, biotech and deep tech. Overlaps with CRB on Spanish early-stage health deals and shares Spanish institutional LP access.
- Ysios Capital: San Sebastián-based venture capital firm focused on biotech, medical devices and digital health. Ysios shares CRB's Spanish roots and sector specialisation, making it a head-to-head competitor for early-stage health-tech rounds.
- Asabys Partners: Barcelona-based venture capital firm investing in life sciences and digital health across Europe. Asabys is the closest geographic and thematic peer to CRB Health Tech, competing for the same Iberian digital-health deal flow.
Broad incumbents
- Forbion: Leading European life-sciences VC firm headquartered in the Netherlands. Competes in European healthcare with substantially larger AUM and ability to lead later-stage rounds.
- Sofinnova Partners: Paris-based global life-sciences VC pioneer with much larger funds. Competes for European digital-health and biotech deals at later stages than CRB's typical ticket size.
- Speedinvest: Vienna-based European venture capital firm with a dedicated digital-health vertical. Competes for early-stage European digital-health rounds with larger fund vehicles than CRB.
- EQT Life Sciences: European healthcare and life-sciences investor within the EQT platform. A scaled incumbent with cross-stage capability, frequently co-investing or competing with Iberian healthtech VCs.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
CRB Health Tech social profiles
Digital presenceCRB Health Tech financial estimates
Financial estimateRevenue estimate
Valuation estimate
CRB Health Tech leadership team
Management profileNumber of profiles
Profiles13 records
CRB Health Tech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CRB Health Tech M&A and investment
M&A and investmentM&A
Investments9 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CRB Health Tech
What does CRB Health Tech do?
CRB Health Tech is a venture capital management firm that raises and manages specialized investment funds focused on health technologies. It currently manages three funds—Fund I (biotech/life sciences), Fund II (medical devices), and Digital Health III (digital health, the first European fund dedicated exclusively to digital health in Spain)—providing seed and Series A equity capital, strategic support, regulatory navigation, and access to an international network of healthcare partners to portfolio companies.
Is CRB Health Tech a public or private company?
CRB Health Tech is a private company. It is classified as management employee owned and is currently operating.
When was CRB Health Tech founded?
CRB Health Tech was founded in 2008. It employs 11 to 50 people.
Where is CRB Health Tech based?
CRB Health Tech is headquartered in Madrid, Spain, in the Europe region.
How does CRB Health Tech make money?
Two revenue lines are on record. Fund Management Fees are the primary driver. The others are carried Interest.
Who are CRB Health Tech's main competitors?
Direct peers on record are Kurma Partners, Andera Partners, Alta Life Sciences, Caixa Capital Risc, Ysios Capital and Asabys Partners. Broad incumbents are Forbion, Sofinnova Partners, Speedinvest and EQT Life Sciences.
Does CRB Health Tech have an API?
No public API is recorded for CRB Health Tech.
What industry is CRB Health Tech in?
CRB Health Tech's product category is Venture Capital Management. Its primary akta.pro industry code is FSANAHAK, Corporate Fintech / Insurtech CVC (Financial-services-led CVC). Its NAICS code is 523940 and its SIC code is 6282.