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Crescendo Biologics Raises GBP4.5 million in Seed-Funding Led by Sofinnova Partners
Date:10/12/2009

d Fund also participating. http://www.crescendobiologics.com

About Sofinnova Partners

Sofinnova Partners is an independent venture capital firm based in Paris, France that specializes in investments in early stage companies and corporate spin-offs in the technology and life sciences sectors. From landmark historical investments including Genentech and Biogen to more recent successes such as Vistaprint, Actelion, CoreValve and Fovea, Sofinnova has a history of discovering and nurturing companies and entrepreneurs. Since 1972, the firm has financed over 460 companies, many of which have gone public or have been acquired, and currently manages over EUR1 billion in assets. Please visit http://www.sofinnova.fr for more information on Sofinnova's team and portfolio.

About Aitua Ltd

Founded in June 2006, Aitua has invested in a number of early stage life science companies. Situated at the heart of the Cambridge biotechnology cluster, the company uses its expertise to build on a platform of top-quality research to develop commercial life science businesses. As well as a close relationship with the Babraham Institute, Aitua have invested in a opportunities wherever they may originate.

About Avlar BioVentures Ltd

Avlar is a specialist biotechnology venture capital company and is the manager of Avlar BioVentures Fund I, Avlar BioVentures Fund II and The Cambridge Gateway Fund. All three funds are focused on seed and early stage investments and are used to invest in emerging bioscience technologies. Avlar's approach to investment is very much 'hands on', working intensively with companies in the critical stages of development from pre-formation to second round of financing, applying its strategic, entrepreneurial and biotech industry skills. Please visit http://www.avl
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SOURCE Crescendo Biologics Ltd
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