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Fovea closes €20.5mm Series A round

Executive Summary

Named after a part of the eye responsible for central, sharper vision, start-up biotech Fovea Pharmaceuticals SA (developing treatments for retinal diseases) received €20.5mm ($25mm) in Series A investments from Sofinnova Partners, Abingworth Management, Wellcome Trust, GIMV, and Credit Agricole Private Equity. Sofinnova, which seeded the company in May 2005, led the round.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Large Molecule
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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