VC Firm Sofinnova Partners Pulls In €1.2B to Deploy Across Life Sciences Investments

Paris-based venture capital firm Sofinnova Partners has announced the successful closing of €1.2 billion in new funding, marking a significant milestone in its mission to support innovation within the life sciences sector. The fresh capital injection raises the firm’s total assets under management to over €4 billion.

The newly acquired funds will be strategically deployed across 50 to 60 emerging companies specializing in biotechnology, healthcare, and other life sciences fields. Sofinnova Partners aims to leverage this investment to accelerate advancements in medical technologies and therapeutics while fostering growth among early-stage startups.

This development underscores Sofinnova’s commitment to driving innovation and addressing critical challenges in global healthcare through targeted financial backing. With decades of experience as a leading European venture capital firm, Sofinnova Partners continues to play a pivotal role in shaping the future of life sciences.

Date: March 5, 2025

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Author

Mark Chiang

Ph.D in Biomedical Informatics Head of AI at GeneOnline