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Marten Steen, Partner at HealthCap

Marten Steen

Partner @ HealthCap

Stockholm, Sweden

Marten Steen is a Series A investor at HealthCap in Stockholm focused on Health Care and Biotechnology. Marten Steen, partner at HealthCap, previously worked with global business development at Merck Serono, focusing on both product and technology licensing.Marten Steen is a Medical Doctor trained at Lund University. He has pursued research in the field of protein chemistry and coagulation at Lund University and Novo Nordisk, rendering him a Ph.D.in Clinical Chemistry in 2003. He is the author of 16 scientific papers and published in peer-reviewed journals.He also has a BSc degree in Business Administration from the Lund University School of Economics and Management.In addition to Wilson Therapeutics AB, Marten Steen also serves on the board of BioClin Therapeutics Inc, Ultragenyx Inc, Immune Targeting Systems Ltd, and deputy member of the board of Nordic Nanovector.He previously served on the board of FerroKin Biosciences prior to its acquisition by Shire.

Total investments:
13
Last investment:
Lead investor:
23%

Last updated:

Industries Marten Steen invests in

Health CareBiotechnologyMedicalMedical DevicePharmaceutical

Stages Marten Steen invests in

Series ASeries BSeries CFunding RoundVenture - Series Unknown

Countries Marten Steen invests in

SwedenUnited StatesBelgiumDenmarkIreland

Contacts

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Investment Focus

Industry

  • Health Care 7 (54%)
  • Biotechnology 7 (54%)
  • Medical 2 (15%)
  • Medical Device 2 (15%)
  • Pharmaceutical 2 (15%)
See all 10 industries →

Stage

  • Series A 5 (38%)
  • Series B 4 (31%)
  • Series C 1 (8%)
  • Funding Round 1 (8%)
  • Venture - Series Unknown 1 (8%)

Country

  • Sweden 3 (23%)
  • United States 2 (15%)
  • Belgium 1 (8%)
  • Denmark 1 (8%)
  • Ireland 1 (8%)
See all 6 countries →

Investments

CompanyDescriptionRoundLinks
AMRA Medical is a digital health company transforming medical research and clinical care using rapid whole-body MRI technology. Venture - Series Unknown / Sep 14, 2026
ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment. $75M / Series C / Apr 14, 2026
ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment. $135M / Series B / Nov 25, 2024
ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment. $34M / Series A / Apr 04, 2023
ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment. $61.8M / Series A / Apr 29, 2021
Priothera is a clinical-stage company developing orally applied sphingosine 1 phosphate (S1P) receptor modulators for haematological malignancies. We are dedicated to improving the lives of patients suffering from hematological malignancies by delivering an innovative immune modulator to enhance the curative potential of allogeneic HematopoieticStem Cell Transplantation (HSCT) in these patients. $35.4M / Series A / Oct 12, 2020
Developing radio-immunotherapeutic drugs for cancer patients. $41.9M / Series A / Nov 15, 2018
Wilson Therapeutics is a biopharmaceutical company, based in Stockholm, Sweden, that develops novel therapies for patients with rare diseases such as Wilson Disease. Wilson Therapeutics’ lead product, Decuprate®, is initially being developed as a new treatment for Wilson Disease and is currently being evaluated in a Phase II clinical study inWilson Disease patients. $40M / Series B / Apr 16, 2014
Ultragenyx Pharmaceutical develops therapeutics for rare diseases, sometimes referred to as Orphan products. Ultragenyx is a efficient and effective development strategies are essential for success in the rare disease space, in which information may be incomplete or ambiguous, and few development precedents exist. The management team'sexperience in selecting and developing products with clear mechanisms of action for untreated rare diseases will help Ultragenyx create life-changing therapeutics by leveraging existing yet undeveloped science for these little-known indications. $75M / Series B / Dec 31, 2012
FerroKin Biosciences FerroKin Biosciences
Ferrokin Biosciences Inc. develops and markets medical devices. The company offers iron chelator for the treatment of iron-overload in patients with transfusion-dependent hereditary and acquired refractory anemias. The company is based in San Carlos, California. $12M / Series B / Jun 18, 2010
See all 13 investments →

Co-Investors

HealthCap

About HealthCap

VC Fund · Stockholm, Sweden

HealthCap is a family of multi stage venture capital funds, investing globally in life sciences, with the Odlander Fredrikson Group as their exclusive investments advisor. With committed capital exceeding € 800 million, HealthCap is one of the largest specialized provider of venture capital within life sciences Europe.

HealthCap Contacts

NameEmailPhoneSocials
Bjorn Odlander
Bjorn Odlander Founder and Partner
Marten Steen
Marten Steen Partner
Per Samuelsson
Per Samuelsson Partner
Anki Forsberg
Anki Forsberg Partner
Carl Dalsgaard
Carl Dalsgaard Venture Partner

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FAQ

What does Marten Steen invest in?

Marten Steen invests primarily in Health Care, Biotechnology and Medical startups, most often at Series A and Series B stage. Most of the 13 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact Marten Steen?

Public channels for Marten Steen include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

When did Marten Steen last invest?

The most recent investment recorded for Marten Steen closed in Sep 2026. Shizune tracks 13 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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