Pixium Vision raises €15 million led by Sofinnova Partners

Gaëlle Leterrier - 02/12/13

 

Pixium Vision (“Pixium”), a developer of innovative retinal implant system that aims at restoring vision, has closed a €15 million Series A extension financing. This round was led by Sofinnova Partners, which becomes the largest investor, with strong support from Bpifrance, through the InnoBio fund, and existing series A investors Omnes Capital and Abingworth LLP. In conjunction with the financing, Antoine Papiernik at Sofinnova Partners and Chahra Louafi at Bpifrance have joined the Pixium Board of Directors.

Pixium was co-founded by Dr Bernard Gilly and Prof. José-Alain Sahel in November 2011 and built upon a close relationship with the Vision Institute at the National Eye Hospital in Paris. With Pixium, Dr Gilly and Prof. Sahel team up one more time with Sofinnova Partners, after the success of Fovea Pharmaceuticals, a company focusing on ocular diseases they created in 2005 and successfully sold to Sanofi in 2009.

The funds raised will be used to advance the development of Pixium’s IRIS retinal implant systems for patients who have lost their sight through degenerative conditions of the eye, such as retinitis pigmentosa and macular degeneration, with the intention of improving their vision.

Sofinnova.fr – 25/11/2013

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