France: Sofinnova Partners closes crossover fund at €445m

Antoine Papiernik, managing partner, Sofinnova Partners

Paris-based venture capital firm Sofinnova Partners has closed the oversubscribed Sofinnova Crossover Fund at €445m (US$540m). The fund is the largest of its kind in Europe and the only one with a team solely dedicated to growth-stage opportunities in healthcare. Sofinnova said that it will maintain its focus on European clinical-stage companies needing scale-up capital…

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