Sanofi adds capital to venture fund

Sunday 15 January 2023
Country

France

Sanofi SA is to increase the capital available to Sanofi Ventures, its evergreen investment fund, in order to support small companies with promising technologies. The capital injection will raise the sums available to the fund to $750 million. The fund currently has 50 companies in its portfolio, many of which have ongoing research and development collaborations with the parent company.