Sofinnova Partners, a life sciences venture capital firm based in Paris, London, and Milan, strengthened its medtech acceleration team with the appointment of Mano Iyer as Partner and the promotion of Cécile Dupont to Partner.
Both appointments are effective immediately, further positioning Sofinnova Partners at the forefront of medtech innovation and acceleration.
Founded in 1972, Sofinnova Partners is a venture capital firm specializing in healthcare and sustainability. Sofinnova is a hands-on company builder across the entire value chain of life sciences investments, from seed to later-stage, which actively partners with entrepreneurs as a lead or cornerstone investor to develop transformative innovations that have the potential to positively impact our collective future.
The firm has backed over 500 companies and creating market leaders around the globe. Today, Sofinnova Partners has over €2.5 billion under management.
Commenting on the appointments, Antoine Papiernik, Chairman and Managing Partner at Sofinnova Partners, said: “These appointments mark a strategic bolstering of our team and underscore the solid performance and promising trajectory of our medtech acceleration strategy. Mano and Cécile bring a wealth of experience in the founding and incubating of companies, which will strengthen our mission to foster groundbreaking medtech innovations with the potential to transform healthcare worldwide.“
Mano Iyer added: “My journey in early stage medtech and venture hit its stride here at Sofinnova over fifteen years ago. I founded and incubated ReCor Medical back then so it’s invigorating to come full circle to be able to start again with founding and incubating the next generation of MD Start companies. I look forward to leveraging my experience from my entrepreneurial ventures, especially the challenges and successes at ReCor, which has recently achieved the significant milestone of FDA approval, to cultivate the next wave of medtech pioneers within our medtech strategy.“
Finally, Cécile Dupont said: “It’s a privilege to advance to this new role within Sofinnova, a firm that truly embodies the pioneering spirit in innovation in the life sciences. The success of our medtech acceleration strategy is just the beginning. We have an incredible opportunity to accelerate and expand our reach in medtech, bringing impactful innovations to market and advance patient care.“