Sofinnova Partners has held a final close on €108m for Sofinnova Telethon Fund, a vehicle dedicated to the Italian biotech sector.
HTGF and Vogel Ventures have previously backed cash management software Inventorum
Early-stage round led by angel investor Steen Ulf Jensen
Deal marks the fifth add-on for the broadband network construction company since 2017
Alcedo V will target Italian companies with high-growth potential and an export-orientated approach