About Sofinnova Partners
Sofinnova Partners is a venture capital firm founded in 1972. It is primarily based out of Paris, France. As of Jun 2015, Sofinnova Partners has invested in 51 companies. It primarily invests in Series A round in France based startups. Its investments are spread across a wide range of sectors from Life Sciences to Enterprise Applications and High Tech. Most recently it participated in the $***** Series E round of Crocus Technology Overall, Sofinnova Partners portfolio has seen 1 unicorn, 8 IPOs and 21 acquisitions including key companies like Parrot, Odoo and Addex Therapeutics. A lot of funds co-invest with Sofinnova Partners, with names like Sofinnova Investments sharing a substantial percentage of its portfolio. Sofinnova Partners has team of 50 people including 15 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Sofinnova Partners' List of Top Investments
Sofinnova Partners has a portfolio of 51 companies, one of which is a Unicorn. Their most notable investments are in Oxxius and Oxxius.Their portfolio spans across France, United States, United Kingdom and 7 more locations. They have invested in Life Sciences, Enterprise Applications, High Tech and 18 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by Sofinnova Partners:1. Parrot
Manufacturer of unmanned aerial vehicles and related software and solutions. It provides drones for professional use. The company develops software for flight control and data processing. It also offers solutions for specific industry applications. The company supports developers with software development kits. It provides support, news, and partnership opportunities.
Key facts about Parrot
- Founded Year: 1994
- Location: Paris (France)
- Annual Revenue: €50M - €100M as on Dec 31, 2024
- Stage: Public
- Employee Count: 1,312 as on Jun 30, 2026
- Investors: Sofinnova Partners, IDG Capital and 4 Others
- Latest Funding Round: Grant (prize money), Nov 01, 2016, $*****
- Highlight: Public
2. Odoo
Developer of open-source enterprise resource planning and customer relationship management. The business provides integrated applications, including accounting, sales, inventory, and project management. The software is customizable through a development model, offering various modules. The business provides support and services through a partner network.
Key facts about Odoo
Developer of oral small molecules for neurological disorders. The company develops orally available allosteric modulators that bind to sites distinct from traditional orthosteric ones, potentially offering improved efficacy and safety over conventional drugs for conditions like Parkinson's disease and addiction. Their platform targets receptors such as mGlu5, mGlu2, and GABAB to address unmet needs in brain health.
Key facts about Addex Therapeutics
- Founded Year: 2002
- Location: Geneva (Switzerland)
- Stage: Public
- Total Funding till date: $71M
- Employee Count: 18 as on Jun 30, 2026
- Investors: New Enterprise Associates, Armistice Capital and 22 Others
- Latest Funding Round: Grant (prize money), Sep 20, 2023, $*****
- Highlight: Public
4. McPhy
Provider of solutions for solid-state hydrogen storage. It offers solutions for the production and storage of low-pressure hydrogen for industrial and energy storage by combining electrolyzers with solid hydrogen storage. It manufactures equipment that optimizes electricity resources based on a unique technology for hydrogen storage in solid form, in association with technology for hydrogen production by water electrolysis.
Key facts about McPhy
- Founded Year: 2008
- Location: Grenoble (France)
- Annual Revenue: €1M - €10M as on Jun 30, 2023
- Stage: Public
- Total Funding till date: $32.3M
- Employee Count: 90 as on Jun 30, 2026
- Investors: Sofinnova Partners, Amundi and 9 Others
- Latest Funding Round: Grant (prize money), Dec 01, 2021, $*****
- Highlight: Public
5. Oxxius
Provider of diversified laser systems. It develops lasers for biophotonics, measurement, and spectroscopy. Its products have applications in the life sciences, analytics, research, and manufacturing markets. Its products have diagnostic applications in fluorescence imaging DNA analysis, sequencing confocal and 3D microscopy, STED Flow imaging cytometry, optogenetics, and ophthalmology. The industrial applications of its products include material curing, hardening, laser marking, reprographics, food quality control, laser display, and entertainment.
Key facts about Oxxius
- Founded Year: 2002
- Location: Lannion (France)
- Stage: Series B
- Total Funding till date: $14.3M
- Employee Count: 65 as on Jun 30, 2026
- Investors: Sofinnova Partners, Sofinnova Investments and 4 Others
- Latest Funding Round: Series B, Feb 07, 2013, $*****
Sofinnova Partners' Investments by Stage
Sofinnova Partners is primarily an Early Stage Investor investor majorly investing in Series A (24) rounds where average round size is $182M, Series B (13) rounds where average round size is $247M and Series C (5) rounds where average round size is $153M.Stage of entry | No. of Investments |
|---|---|
Series A | 24 |
Series B | 13 |
Series C | 5 |
PE | 1 |
Seed | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Sofinnova Partners' Investments by Sector
Sofinnova Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, High Tech, Enterprise Infrastructure and Semiconductors. Notably, it has invested in 43 Tech companies, 38 Enterprise (B2B) companies, 28 Software companies and at least 12 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 16 |
Life Sciences | 15 |
High Tech | 10 |
Enterprise Infrastructure | 7 |
Semiconductors | 5 |
Others | 33 |
Note: We have considered here, only first round of investments
Sofinnova Partners' Investments by Geography
Sofinnova Partners has made most investments in France (18), followed by United States where it has made 14 investments.Country | No. of Investments |
|---|---|
France | 18 |
United States | 14 |
United Kingdom | 4 |
Germany | 3 |
Italy | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
Sofinnova Partners' recent investments
Sofinnova Partners has not made any investment in 2026 so far.Here are the most recent investments by Sofinnova Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 16, 2015 | United States | Series E | 3640 | [+7] | |
May 15, 2014 | Belgium | Series B | 4198 | [+1] | |
Jan 21, 2013 | France | Series B | 6755 | [+3] | |
Nov 04, 2011 | Canada | Series C | 7917 | ||
Sep 08, 2011 | United Kingdom | Series B | 5534 |
Unicorns in Sofinnova Partners' Portfolio
Sofinnova Partners has 1 unicorn in its portfolio - Odoo. The most recent unicorn in their portfolio is Odoo which became a unicorn in 2021, 11 years after Sofinnova Partners first invested in it.Here is a list of unicorns in Sofinnova Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Developer of open-source enterprise resource planning and customer relationship management | 2005 | Louvain-la-neuve | Series E | lthfaz{ |
IPOs and Publicly Listed companies in Sofinnova Partners' Portfolio
8 of Sofinnova Partners' portfolio companies have become public. Solutions30 got listed on the Euronext Exchange (Euronext), in Jul 2020 at marketcap of $151K and McPhy got listed on the Euronext Exchange (Euronext) at marketcap of $59.1M.Here are Sofinnova Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 23, 2020 | - | - | 9695 | |
Mar 25, 2014 | Jul 01, 2010 | Series B | 8473 | |
Feb 20, 2012 | Dec 16, 2005 | Series A | 4411 | |
Mar 19, 2010 | - | - | 3030 | |
May 25, 2007 | May 17, 2004 | Series B | 4682 |
Acquired companies in Sofinnova Partners' Portfolio
21 companies from Sofinnova Partners' portfolio have been acquired. The most recent acquisition was Crocus Technology in Aug 2023 by Allegro MicroSystems for $*****.Here are Sofinnova Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 10, 2023 | Jun 16, 2006 | Series A | 7555 | |
Oct 24, 2016 | May 09, 2006 | Series A | 9145 | |
May 31, 2016 | Jun 05, 2001 | Series B | 8823 | |
Jan 27, 2015 | Sep 01, 2008 | Series A | 6355 | |
Dec 04, 2013 | Nov 12, 2001 | Series A | 3223 |
Team profile of Sofinnova Partners
Sofinnova Partners has a team of 50 members including 15 Partners, 5 Venture Partners and 11 Principals located in France, United Kingdom and 7 more locations. Sofinnova Partners' team sits on the board of 1 company.Here is a list of top team members in Sofinnova Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | London | - | ||
Partner | Madrid | - | ||
Partner | Paris | - | ||
Partner | Paris | - | ||
Partner | Paris | - | ||
Partner | Milan | - | ||
Partner | Paris | - | ||
Partner | Milan | - | ||
Partner | Paris | - | ||
Partner | Paris | - |
Co-investors of Sofinnova Partners
Over the past 26 years, 210 investors have co-invested in Sofinnova Partners's portfolio companies. This includes funds and angels.
- Invested before Sofinnova Partners: Alain Rodermann, Orano and 17 others have invested in rounds before Sofinnova Partners. There are 7 companies where Alain Rodermann has invested before Sofinnova Partners and 1 company where Orano has invested before Sofinnova Partners.
- Top Co-investors of Sofinnova Partners: 82 investors entered a company along with Sofinnova Partners. These include investors like Sofinnova Investments (5 companies).
- Invested after Sofinnova Partners: A total of 109 investors have invested in Sofinnova Partners's portfolio after their investments. Top Investors include Wellcome Trust (3 companies), Sofinnova Investments (3 companies) and TVM Capital (2 companies).
Recent News related to Sofinnova Partners
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Microphyt Raises €28.5M in FundingFinSMEs•Dec 06, 2022•Microphyt, Sofinnova Partners, Bpifrance, IXO and 5 others
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Michelin invests in Canadian styrene recyclerEuropean Rubber Journal•May 04, 2020•Michelin, Pyrowave, Sofinnova Partners, Ecofuel Accelerator and 3 others
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Sofinnova Partners makes third investment from Italian fundPrivate Equity Wire•Apr 20, 2020•Sofinnova Partners
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RDMD Secures $14M in Series A FinancingFinSMEs•Apr 16, 2020•AllStripes, Spark Capital, Lux Capital, Village Global and 11 others
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TISSIUM Closes 39 Million Euro Series B Funding RoundMedical Product Outsourcing•Jan 10, 2020•TISSIUM, BNP Paribas Developpement, European Investment Fund, Mnlht and 5 others
