

Konrad Koncerewicz & Joy Laoun
Vestbee

The Sofinnova Capital XI fund round was supported by a global mix of institutional investors, including sovereign wealth funds, leading pharmaceutical companies and corporates, insurance companies, foundations, and family offices from Europe, North America, Asia, and the Middle East.

Vendep Capital’s Fund IV is backed by existing institutional investors, including Tesi, KRR, Sitra, Pension Insurance Company Elo, Saastamoinen Foundation, Gösta Serlachius Fine Arts Foundation, and Teknologiateollisuus

Balnord plans to invest in at least 22 companies out of its Fund I, with initial cheque sizes ranging from €500,000 to €3 million.

The pre-seed round was led by General Inception and Vertical Venture Partners, with support from Innovate UK and the Undaunted Accelerator.

The fresh investment saw backing from the European Innovation Council (EIC) Accelerator and Radix Ventures.

The Sofinnova Capital XI fund round was supported by a global mix of institutional investors, including sovereign wealth funds, leading pharmaceutical companies and corporates, insurance companies, foundations, and family offices from Europe, North America, Asia, and the Middle East.