Sofinnova Partners

Sofinnova Partners is a venture capital firm seeking to invest in startup early stage, and corporate spin-offs. It invests in companies in the information technology and life sciences sectors. Within the technology sector, the firm seeks to invest in companies in sectors such as telecommunication, consumer electronics, and wireless devices; Internet, ecommerce, and wireless internet; other technologies and markets such as energy and photonics; clean technology. For its investments in life sciences sectors, the firm invests in companies in the biopharmaceuticals and medical devices sectors with a focus on companies that develop new products for unmet clinical needs and with early clinical proof of concept that address big markets such as oncology to diseases of the central nervous system, from metabolic to infectious diseases. It primarily invests in companies based in Europe with a focus on France, the United Kingdom, Germany, Switzerland, Belgium, and Italy. The firm also invests in companies in the United States and Asia. It invests a maximum of €25 million ($38.91 million) in its portfolio companies over several rounds, typically €2 million ($3.11 million) in the first round and between €4 million ($6.22 million) and €6 million ($9.33 million) in the second round. The firm acts as a lead or co-lead investor in first and second rounds. It seeks board membership in its portfolio companies. Sofinnova Partners was founded in 1972 and is based in Paris, France.