Montefiore Investment, a European PE firm focused on the growth of service SMEs and mid-market companies, is to become a majority co-shareholder of Arche MC2, a software publisher for the medico‑social sector in France, alongside current shareholder Activa, which will reinvest on an equal basis. The remainder of the...
Neurent Medical, the pioneer behind Neuromark, a minimally invasive solution to treat chronic rhinitis, has closed its oversubscribed Series C financing, raising €62.5m (US$74m) to drive commercial expansion, broaden clinical evidence, and advance its product and indication pipeline.
The financing was led by MVM Partners, with significant participation from Sofinnova Partners, and included continued support from existing investors EQT Life Sciences, Atlantic Bridge, Fountain Healthcare Partners and Enterprise Ireland.
“This Series C financing will support our commercial expansion and help bring Neuromark to the patients and physicians who need it most,”...