BioCentury
ARTICLE | Finance

Going big

Why French VC Seventure can raise first institutional, strategic fund

January 27, 2014 8:00 AM UTC

After more than a decade of deploying small funds raised annually from French retail investors, Seventure Partners is leveraging its track record to raise its first fund from institutional and strategic investors. The firm is halfway to its €120 million ($164 million) target after a first close last month.

Seventure is a Eurocentric venture firm with over €500 million ($683.4 million) under management and a primary focus on the biotech, medtech, nutrition and microbiome spaces...