Sector updates in March
Investment firms
- Sofinnova Partners raises $1.3B (€1.2B) to support next generation of life science and healthcare companies, spanning across the firm’s seven investment strategies.
- From the recent raise, Sofinnova Partners invested €165M into its Biovelocita strategy fund dedicated entirely to the creation and acceleration of biotech startups in Europe
- Informed Ventures launched (a GSR Ventures spin out) to invest in early-stage digital health, software as a service, and consumer products focused on leveraging vertically-integrated AI.
- SV Health Investors secures $250M to accelerate the development of first-in-class therapeutics for dementia which includes a $32.4M commitment to the fund from British Business Bank
- Daphni closes its third fund, securing €200M to invest in companies at the intersection of AI and life sciences across Europe
- VC firm 2150 launches its second fund to back startups from Seed to Series B throughout Europe and beyond to invest in solutions which make urban environments more sustainable and resilient. 2150 Fund II has already raised €200M
- OpenOcean launches its fourth main venture fund to invest in early-stage AI startups. The flagship fund has already raised €100M of its €130M goal.
- Arāya Ventures raises £20M first fund to back startups across Health, FinTech, Commerce and Future of Work
Media
- Ben Johnson left his role as Magazine Editor at Nature Medicine and has been appointed Chief Editor at Nature Health (US) – Nature Health (US) is a new journal launching in January 2026
- Diana Samuel confirmed as Deputy Editor at the Lancet Digital Health
- Liza Laws left her role as Senior Editor working across BioPharma-Reporter and Outsourcing Pharma
- Oliver Barnes changes beat from US Pharmaceutical & Biotech Correspondent to US Deals & Activism Correspondent at Financial Times
- Tom Howarth left his role as Science Reporter at Newsweek and has been appointed as Trends Editor at BBC Science Focus
- Virginia Hughes changes beat from Health & Science Editor to Deputy Editor, Investigations at The New York Times
- Melia Russell changes beat from startups and venture capital to AI at Business Insider
- Charlie Conchie has left his role as City Editor at City A.M. and has been appointed as M&A Correspondent at Reuters (Europe)
- Rebecca Whittaker left her role as Health Features Writer at the Mail Online and has been appointed General Reporter at The i Paper
- Olivia Salamone appointed US Femail Reporter at Daily Mail
- Victoria Allen left her role as Science Editor at The Daily Mail