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Latest Sofinnova Partners Stories

2014-05-16 04:23:16

SAN FRANCISCO, May 16, 2014 /PRNewswire/ -- OpenERP has raised $10 million dollars in funding to support its R&D efforts and commercial growth. As part of the growth strategy OpenERP is rebranding to Odoo, to better reflect its expanded areas of focus in CMS & Ecommerce and POS applications beyond the core ERP function. Odoo has improved its pricing and included a free version for up to two users for very small businesses to enjoy a completely integrated suite of...

2014-04-03 04:20:52

CAMBRIDGE, England, April 3, 2014 /PRNewswire/ -- GBP19.5M raised to drive development of best-in-class fully human VH antibody fragment therapeutics Crescendo Biologics Limited (Crescendo) today announces it has raised a further GBP2m ($3.3m), from EMBL Ventures, in a final close of its Series A financing. Originally announced in December 2013, the Series A now totals GBP19.5m. It was led by Imperial Innovations and included new...

2011-06-09 06:00:00

AMSTERDAM, The Netherlands, June 9, 2011 /PRNewswire/ -- Avantium is proud to announce that it has successfully raised EUR 30 million to advance its breakthrough YXY technology for green building blocks. Avantium will use the funds for the construction and operation of its pilot plant in Geleen, the Netherlands, and for the development of green materials on basis of these YXY building blocks. Avantium has completed a EUR 25 million financing round with new investors Sofinnova...

2011-05-04 06:00:00

MINNEAPOLIS, MN, May 4 /PRNewswire/ - BioAmber Inc., the market leader in biobased succinic acid, has raised $45 million dollars in a Series B financing that will accelerate the commercialization of succinic acid and modified PBS. The round was led by NAXOS Capital Partners, a European based growth capital fund focused on acquiring and developing businesses with unique intellectual property or market position with a focus on renewable agro and food business, energy and...

2011-03-14 07:35:00

BEDMINSTER, N.J., March 14, 2011 /PRNewswire/ -- Omthera Pharmaceuticals, Inc., a privately-held emerging specialty pharmaceuticals company, announced today that it has raised $33.9 million in a Series B funding round, led by new investor, New Enterprise Associates ("NEA"), one of the world's leading venture capital firms. Existing investor, Sofinnova Partners, also participated in the financing. The capital raised will be used to fund the Phase 3 clinical development of Omthera's novel...

2010-07-01 01:27:00

PARIS, July 1, 2010 /PRNewswire/ -- - EUR 13.7m Second Round Funding Sofinnova Partners, acting as a leading investor, Gimv and Amundi Private Equity Funds announced today their investment in McPhy Energy, together with the historic investors in a second round of funding worth EUR 13.7m. The funds will be used towards the global expansion of McPhy Energy and the further industrialisation and commercialisation of its products. McPhy Energy is an innovative French company...

2010-05-04 03:00:00

MARSEILLE, France, May 4, 2010 /PRNewswire/ -- WYPLAY SAS, a pioneer in the development of the High-Definition Media Center, today announced it has closed a 9 million euro third round of financing. Amundi Private Equity Funds, who led this 3rd round, was joined by A Plus Finance, Elaia Partners and Sofinnova Partners, Wyplay's second round lead investors reflecting their continued confidence in the company. Together with the two previous investment rounds totaling EUR14 million, the...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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