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Sofinnova Investments

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 304
Average round size
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The average size of a deal this fund participated in
$32M
Portfolio companies 174
Rounds per year 6.08
Lead investments 56
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.42
Exits 98
Key employees 13
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Biotechnology
  • Health Care
  • Pharmaceutical
  • Therapeutics
  • Medical
Summary

Sofinnova Investments is the famous VC, which was founded in 1974. The main office of represented VC is situated in the Menlo Park. The fund was located in North America if to be more exact in United States.

Among the most successful fund investment fields, there are Enterprise Software, Therapeutics. The fund has exact preference in some founders of portfolio startups. Among the most popular portfolio startups of the fund, we may highlight Spark Therapeutics, Audentes Therapeutics, ZS Pharma. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The typical case for the fund is to invest in rounds with 5-6 participants. Despite the Sofinnova Investments, startups are often financed by Ventech, Bay City Capital, Vivo Capital. The meaningful sponsors for the fund in investment in the same round are Ventech, New Leaf Venture Partners, Atlas Venture. In the next rounds fund is usually obtained by Ventech, Novartis Venture Fund, Idinvest Partners.

Speaking about the real fund results, this VC is 4 percentage points more often commits exit comparing to other organizations. Deals in the range of 10 - 50 millions dollars are the general things for fund. The fund is constantly included in 7-12 deals per year. This Sofinnova Investments works on 7 percentage points more the average amount of lead investments comparing to the other organizations. When the investment is from Sofinnova Investments the average startup value is 10-50 millions dollars. The top amount of exits for fund were in 2014. The high activity for fund was in 2007. Despite it in 2019 the fund had an activity.

The overall number of key employees were 13.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Sofinnova Investments:
Typical Co-investors
Sofinnova Investments is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Sofinnova Investments:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Seaport Therapeutics

Biotechnology
Pharmaceutical
21 Oct 2024 Boston, Massachusetts, United States

Marea Therapeutics

$190M18 Jun 2024 San Francisco, California, United States

Seaport Therapeutics

$100M09 Apr 2024 Boston, Massachusetts, United States

Aeovian Pharmaceuticals

Biopharma
Biotechnology
Health Care
Pharmaceutical
$50M28 Mar 2024 San Francisco, California, United States

Avenzo Therapeutics

$150M26 Mar 2024 San Diego, California, United States

Capstan Therapeutics

Biotechnology
Health Care
Therapeutics
$175M20 Mar 2024 San Diego, California, United States

OnCusp Therapeutics

Biotechnology
Health Care
Pharmaceutical
Product Research
$100M04 Jan 2024 New York, New York, United States

Star Therapeutics

$90M05 Sep 2023 South San Francisco, California, United States

Rapport Therapeutics

Biotechnology
Health Care
Life Science
Medical
$150M23 Aug 2023 Boston, Massachusetts, United States
News
Gyroscope Therapeutics Raises $148M in Series C Financing

– Gyroscope Therapeutics from London develops a gene therapy for various eye diseases.
– The company raised $148m in Series C funding.
– The round was led by Forbion’s Growth Opportunities Fund and includes Sofinnova Investments, funds and accounts advised by T. Rowe Price Associates, Inc., Tetragon Financial Group Limited, an undisclosed healthcare focused fund, Fosun Pharma, Cambridge Innovation Capital and founding investor Syncona.
– The company also announced the appointments of Wouter Joustra, General Partner, Forbion and Maha Katabi, General Partner, Sofinnova to the Gyroscope Board of Directors.

XyloCor Therapeutics Completes Oversubscribed $41.9 Million Series A Financing To Advance Novel Gene Therapy Pipeline For Coronary Artery Disease

– XyloCor Therapeutics, a private clinical-stage biopharmaceutical company focused on the development of gene therapy for the significant unmet patient needs in advanced coronary artery disease, today announced the closing of an additional $22.6 million financing.
Fountain Healthcare Partners led the oversubscribed financing joined by new investors Longwood Fund and Lumira Ventures. All existing institutional investors including Sofinnova Investments and LSP (Life Sciences Partners) participated in the financing.
– The additional financing builds upon XyloCor’s 2018 Series A financing round, bringing total investment in the company to $41.9 million to date.

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Total investments 304
Average round size 32M
Rounds per year 6.08
Peak activity year 2007
Lead investments 56
Follow on index 0.42
Exits 98
Group Appearance index 0.83

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Seaport Therapeutics

Biotechnology
Pharmaceutical
21 Oct 2024 Boston, Massachusetts, United States

Marea Therapeutics

$190M18 Jun 2024 San Francisco, California, United States

Seaport Therapeutics

$100M09 Apr 2024 Boston, Massachusetts, United States

Aeovian Pharmaceuticals

Biopharma
Biotechnology
Health Care
Pharmaceutical
$50M28 Mar 2024 San Francisco, California, United States

Avenzo Therapeutics

$150M26 Mar 2024 San Diego, California, United States

Capstan Therapeutics

Biotechnology
Health Care
Therapeutics
$175M20 Mar 2024 San Diego, California, United States

OnCusp Therapeutics

Biotechnology
Health Care
Pharmaceutical
Product Research
$100M04 Jan 2024 New York, New York, United States

Star Therapeutics

$90M05 Sep 2023 South San Francisco, California, United States

Rapport Therapeutics

Biotechnology
Health Care
Life Science
Medical
$150M23 Aug 2023 Boston, Massachusetts, United States
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