The News

Sofinnova Partners takes two prizes in prestigious EVJC awards event

03/02/2006

Sofinnova Partners is pleased to announce that it is a double winner in this year’s EVCJ Annual Awards.

Sofinnova was awarded prizes for “Fundraising of the Year – Venture” and “VC house of the year – Technology” in a reception in London on January 31st. Sponsored by EVCJ magazine, the event recognised excellence in 16 different categories. Other winners included 3i (“VC house of the year – Life Sciences”), Montagu Private Equity (“Fundraising of the Year – Buyouts”), and Advent International (“Financial sponsor of the year – large funds.”)

Sofinnova closed its fifth fund, Sofinnova Capital V, last February at €385 million. The fund continues to build on the strategy of previous funds, which is to identify early on new trends and breakthroughs in technologies. It will focus on ambitious projects led by teams with the potential to become European or world leaders in information technology and life sciences.

Two companies in the Sofinnova information technology portfolio – Esmertec and VistaPrint – successfully completed IPOs last year.

Commenting on the award, Monique Saulnier, CFO, said, “On behalf of the entire Sofinnova team, I am delighted to receive this recognition for our successful fundraising in 2005 and the continued success of our information technology team in funding exciting new projects.”

 

2006

Click here for the site of Sofinnova Ventures, our sister firm in San Francisco http://www.sofinnova.com