Advent Life Sciences Fund I, a 2010 vintage venture vehicle managed by Advent Venture Partners, was reopened to accept a new commitment as well as increased investments from existing LPs.
Allßequitz backing for the heart pump developer also comes from Beteiligungsmanagement Thüringen
Deal is VC's sixth investment from its Deep-tech Fund
GP is currently investing via its Partech Entrepreneur Fund III and Paris Saclay Seed Fund
Fund targets European companies with expansion and growth plans in the Chinese market