UK - Sofinnova Partners leads £4.5m round for Crescendo Biologics
Sofinnova Partners has led a seed funding round worth close to £5m for therapeutics company Crescendo Biologics, alongside Aitua, Avlar BioVentures and the Rainbow Seed Fund.
Crescendo Biologics applies antibody fragment technologies to the development of new targeted therapeutics. The company's technologies were invented by scientists at the Babraham Institute in Cambridge.
The new funding will allow the business to advance the development of these platforms and to initiate the development of proprietary therapeutics.
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