Following the final close of Europe's largest dedicated life sciences fund on £300m earlier this year, Abingworth has appointed Dr Vincent Miles as venture partner. He will be based at the company’s offices in Waltham, MA, US. His responsibilities will include evaluating new investment opportunities and supporting portfolio companies on the East Coast.
GP also announced the refinancing of online gardening retailer YouGardem, scoring a 60% cost return
CDP Venture and Tim Ventures take part in the round, alongside Club Digital and Club Italia Investimenti 2
Deal is the second from Bid Equity II, which held a close in November 2019 and targets B2B software
Early-stage investor Italian Angels for Growth and Swiss holding company Brahma also take part in the round