BioDiscovery sells its subsidiary **Corvidia** to **Novo Nordisk**. The company had previously secured a $60 million Series B round in 2018, led by BioDiscovery’s fifth fund alongside Venrock, Cormorant, HBM, and investors including Sofinnova, Apple Tree, AstraZeneca, and Fresenius. Corvidia specializes in AI-driven drug discovery and development.
Andera Partners (formerly Edmond de Rothschild Investment Partners) raises a €345 million BioDiscovery 5 fund, targeting life sciences investments in Europe. The fund follows a series of dedicated life sciences funds dating back to 2001, positioning Andera as a leader in the sector. The oversubscribed capital underscores strong demand for early-stage biotech and healthcare innovation.
Crescendo Biologics Ltd. secures $70 million (€57 million) in Series B funding. The round is led by Andera Partners alongside Europe’s largest life science fund, Biodiscovery V. The company focuses on advancing biologics development for therapeutic applications.
Crescendo Biologics secures a €345 million Series B funding round to advance its antibody-based cancer therapies. The round is led by Andera Partners (formerly Edmond de Rothschild) through its Biodiscovery V fund, with participation from Sofinnova Partners, EMBL, and Takeda Ventures. The capital supports further development of the company’s therapeutic pipeline targeting oncology.
Apr 2018Labiotech.euNews article
Biodiscovery V
Biodiscovery V is a life sciences fund that invests in a portfolio of drug development and medical device companies across all stages of development.