Angelini Industries, a Rome, Italy-based multi-sector Italian commercial staff, introduced the release of Angelini Ventures, a company challenge capital initiative, with a €300M capital dedication.
Angelini Ventures will construct and put money into early-stage firms that broaden cutting edge concepts and answers in biotechnology, virtual well being and lifestyles sciences.
Led by way of Paolo Di Giorgio, Leader Govt Officer, Angelini Ventures has already made investments of €60m. The present funding portfolio comprises Argobio, a Paris-based biotech challenge studio; Angelini Lumira Biosciences Fund, a North American fund that invests in early-stage firms; and Pretzel Therapeutics, a Boston-based mitochondrial therapeutics corporate.
Led by way of Sergio Marullo di Condojanni, Leader Govt Officer, Angelini Industries is a multinational staff with 5,800 staff, working in 21 nations and producing annual revenues of €1.7 billion. It operates within the pharmaceutical, client items, commercial generation, perfumes and dermo-cosmetics and wine companies.
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