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Sanofi

Europe, Ile-de-France, France, Paris

Description

Sanofi Ventures serves as the dedicated corporate venture capital arm of Sanofi, a global healthcare leader headquartered in Paris, France. Established in 2015, its primary mission is to identify, invest in, and nurture early-stage companies whose innovative products and technologies align strategically with Sanofi's core therapeutic areas and business objectives. This strategic alignment ensures that Sanofi Ventures not only seeks financial returns but also aims to foster advancements that could complement Sanofi's pipeline and market presence, spanning critical areas such as oncology, immunology, rare diseases, neuroscience, vaccines, and digital health solutions.

The venture arm manages a substantial pool of capital, with over $750 million in committed capital across multiple funds, underscoring Sanofi's long-term commitment to external innovation. Since its inception, Sanofi Ventures has been an active investor, having deployed capital into more than 70 companies globally. These investments typically target early-stage companies, specifically those in Seed, Series A, and Series B funding rounds, reflecting a focus on de-risking nascent technologies and supporting their growth through critical development phases.

Regarding its investment approach, Sanofi Ventures typically provides initial investments ranging from $2 million to $10 million. This initial cheque size allows the firm to engage with promising startups at a crucial juncture, providing essential capital for research, development, and team expansion. Beyond the initial investment, Sanofi Ventures possesses the capacity for significant follow-on investments throughout the life of a portfolio company, demonstrating a commitment to supporting its ventures through subsequent funding rounds as they mature and achieve milestones. This patient capital approach, combined with strategic guidance from Sanofi's vast expertise, positions Sanofi Ventures as a valuable partner for life sciences and digital health startups.

Investor Profile

Sanofi has backed more than 44 startups, with 10 new investments in the last 12 months alone. The firm has led 26 rounds, about 59% of its total and boasts 13 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Post Ipo Equity, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, France, Taiwan.
  • Strong thematic focus on Biotechnology, Health Care, Pharmaceutical.
  • Led 8 rounds in the past year.
  • Typical check size: $2M – $10M.

Stage Focus

  • Post Ipo Equity (23%)
  • Series A (16%)
  • Series B (16%)
  • Private Equity (9%)
  • Seed (9%)
  • Series D (7%)
  • Series Unknown (7%)
  • Corporate Round (7%)
  • Grant (2%)
  • Post Ipo Debt (2%)

Country Focus

  • United States (61%)
  • France (11%)
  • Taiwan (5%)
  • Singapore (2%)
  • Tanzania (2%)
  • Israel (2%)
  • Germany (2%)
  • China (2%)
  • United Kingdom (2%)
  • Sweden (2%)

Industry Focus

  • Biotechnology
  • Health Care
  • Pharmaceutical
  • Therapeutics
  • Medical
  • Biopharma
  • Life Science
  • Clinical Trials
  • Genetics
  • Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Sanofi frequently co-invest with?

Access Biotechnology
North America, New York, United States, New York
Co-Investments: 2
Farallon Capital Management
North America, California, United States, San Francisco
Co-Investments: 2
Population Health Partners
North America, California, United States, San Francisco
Co-Investments: 2
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 2
Bain Capital Life Sciences
North America, Massachusetts, United States, Boston
Co-Investments: 2
Maverick Capital
North America, Texas, United States, Dallas
Co-Investments: 2
Sanofi Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 3
Saturn Partners
North America, Florida, United States, St. Petersburg
Co-Investments: 2
ARCH Venture Partners
North America, Illinois, United States, Chicago
Co-Investments: 3
Fidelity
North America, Massachusetts, United States, Boston
Co-Investments: 2

Which angels does Sanofi often collaborate with?

LG
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Sanofi?

MapLight Therapeutics

Palo Alto, California, United States

MapLight Therapeutics is a biopharma company that offers a platform designed to discover and develop therapeutics for brain disorders.

BiopharmaBiotechnologyLife ScienceMedical
Series DJul 28, 2025
Amount Raised: $372,500,000
SAB Biotherapeutics

Sioux Falls, South Dakota, United States

SAB Biotherapeutics is a clinical-stage biopharmaceutical development company.

BiotechnologyClinical TrialsTherapeutics
Post Ipo EquityJul 21, 2025
Amount Raised: $175,000,000
Adagene

Suzhou, Jiangsu, China

Adagene is a clinical-stage biotech company that specializes in developing immuno-oncology antibodies.

BiotechnologyMedicalOncologyTherapeutics
Post Ipo EquityJul 1, 2025
Amount Raised: $25,000,000
Innate Pharma

Marseille, Provence-Alpes-Cote d'Azur, France

Innate Pharma is a biopharmaceutical company developing immunotherapy drug candidates for the treatment of cancer and inflammatory diseases.

BiopharmaBiotechnologyClinical TrialsMedicalPharmaceutical
Post Ipo EquityApr 23, 2025
Amount Raised: $16,985,232
Enveda Biosciences

Boulder, Colorado, United States

Enveda Biosciences is a biotechnology company that provides engineering new drugs from plants.

BiotechnologyPharmaceuticalTherapeutics
Series CFeb 26, 2025
Amount Raised: $20,000,000
Zucara Therapeutics

Vancouver, British Columbia, Canada

Zucara Therapeutics is developing the first once-daily therapeutic to prevent hypoglycemia (low blood sugar) in patients with diabetes.

BiotechnologyDiabetesPharmaceutical
Series BNov 12, 2024
Amount Raised: $20,000,000
Resalis Therapeutics

Torino, Piemonte, Italy

Resalis Therapeutics sviluppa un farmaco in grado di inibire un micro-RNA per il trattamento di alcune malattie metaboliche

BiotechnologyClinical TrialsHealth CareMedicalPharmaceuticalProduct ResearchTherapeutics
Corporate RoundOct 28, 2024
AgomAb Therapeutics

Antwerpen, Antwerpen, Belgium

Agomab is a biotechnology company developing therapies that maintains and restores organ function in diseases characterized by fibrosis.

BiotechnologyHealth CareTherapeutics
Series DOct 25, 2024
Amount Raised: $88,672,973
EuroAPI

Paris, Ile-de-France, France

EuroAPI develops, manufactures and supplies the active-ingredient solutions for healthcare.

Health CareManufacturing
Post Ipo DebtOct 10, 2024
Amount Raised: $825,486,654
Vicore Pharma

Mölndal, Vastra Gotaland, Sweden

Vicore Pharma is a pharmaceutical company dedicated to developing innovative medicines for severe lung disorders.

BiopharmaBiotechnologyPharmaceutical
Post Ipo EquitySep 30, 2024
Amount Raised: $10,037,973