Sofinnova Partners Announces the Promotion of Michael Krel to Partner of Industrial Biotechnology Team
15.1.2020 10:00:00 EET | Business Wire | Press release
Sofinnova Partners, a leading European venture capital firm based in Paris, London and Milan and specialized in Life Sciences, announced today the promotion of Michael Krel, PhD, to Partner of the Industrial Biotechnology team. Mr. Krel previously served as Principal on the team, where he focused on early-stage deals in Europe and North America.
“This promotion recognizes Michael’s excellent skills in the field of industrial biotech, and also reinforces the leading role that Sofinnova Partners is playing in this emerging sector,” said Denis Lucquin, Managing Partner of Sofinnova Partners. “We look forward to working with Michael in his new role, and to the continued value his experience and deep subject area expertise bring to our pioneering work in this space.”
Mr. Krel said, “It has been a privilege to serve the firm, and to help pioneer its development in Industrial Biotech. I look forward to continuing our work in this important area, and to the potential impact these investments will have globally.”
Sofinnova Partners’ Industrial Biotech franchise is dedicated to start-ups with a specific emphasis on synthetic biology, food, feed, agriculture, materials and chemicals, and represents more than 200 M€ under management.
Mr. Krel joined Sofinnova Partners as a Senior Associate in 2013 and has been involved in the venture capital firm’s investment activities in industrial biotech since then. Mr. Krel is an observer on the board of Comet Bio and a board member of EnobraQ and Afyren.
Prior to joining Sofinnova Partners, Michael spent six years in industrial biotech start-ups, holding business development positions. Additionally, Michael was a consultant focused on R&D strategic and organizational issues.
Mr. Krel has a graduate degree in engineering from Ecole Polytechnique and holds a PhD in organic chemistry from Paris X Orsay University.
About Sofinnova Partners
Sofinnova Partners is a leading European venture capital firm specialized in Life Sciences. Based in Paris, France, with offices in London and Milan, the firm brings together a team of 40 professionals from all over Europe, the U.S. and Asia. The firm focuses on paradigm-shifting technologies alongside visionary entrepreneurs. Sofinnova Partners invests across the Life Sciences value chain as a lead or cornerstone investor, from very early-stage opportunities to late-stage/public companies. It has backed nearly 500 companies over more than 45 years, creating market leaders around the globe. Today, Sofinnova Partners has over €2 billion under management.
For more information, please visit: www.sofinnovapartners.com
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200114005847/en/
Contact information
Press:
Media:
Kate Barrette
RooneyPartners LLC
+1 212 223 0561
kbarrette@rooneyco.com
France
Anne Rein
S&I
+33 6 03 35 92 05
anne.rein@strategiesimage.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Lucidis® Sets High Standards in Premium Cataract Surgery with Full-Range Vision Performance3.3.2026 12:19:00 EET | Press release
Swiss Advanced Vision announces new clinical evidence confirming the exceptional performance of its Lucidis® intraocular lens (IOL), strengthening its position as a disruptive solution in premium cataract surgery. Unlike traditional Extended Depth of Focus lenses, Lucidis® delivers full-range visual performance comparable to a premium trifocal IOL - while preserving contrast sensitivity, visual quality, and minimizing side effects such as halos and glare, hallmarks of its patented fully refractive design. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260303823337/en/ Swiss Advanced Vision premium IOL lenses for cataract surgery A recent peer-reviewed study, Comparative Analysis of Visual Outcomes Between Lucidis 108M (EDOF) and PhysIOL BVI FineVision (Diffractive) IOLs Using Defocus Curve Measurements by H. Naftali, W. Nasser, and M. Naftali, provides compelling comparative data. The findings show that Lucidis® achieves a d
Türk Telekom and P.I. Works Announce Strategic Collaboration on AI-Driven 5G Network Slicing at MWC Barcelona3.3.2026 11:16:00 EET | Press release
Türk Telekom and P.I. Works today announced a strategic collaboration on AI-driven 5G network slicing assurance, unveiled during GSMA Mobile World Congress (MWC) Barcelona 2026. Türk Telekom has successfully trialed P.I. Works’ AI-powered 5G RAN Slice Assurance solution in Türk Telekom R&D Innovation & Test Center, strengthening its ability to deliver differentiated and performance-assured 5G services. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260303543772/en/ The solution is designed to ensure network slicing performance by enabling real-time monitoring of slice-level KPIs, early detection of performance degradations, and AI-assisted root cause analysis. With these capabilities, Türk Telekom aims to proactively manage service levels, and ensure consistent service continuity across different 5G slice types. Türk Telekom Ebubekir Şahin stated: “As we approach the 5G era, we continuously evolve our mobile network to deliv
BlackLine Brings BeyondTheBlack to Paris, Showcasing Innovation and Best Practice for Modern Finance Teams3.3.2026 11:00:00 EET | Press release
BlackLine, Inc. (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announces BeyondTheBlack Paris, taking place on Thursday 25 June 2026 at 28 George V, Paris 8. BeyondTheBlack Paris will bring together finance and accounting leaders from across France and the wider EMEA region for a full day dedicated to finance transformation, industry best practice and peer-led learning. As part of BlackLine’s global BeyondTheBlack event series, the Paris event will focus on how finance teams can streamline operations, improve accuracy and unlock greater strategic value through automation and intelligence. The programme will feature keynote sessions from Owen Ryan, CEO of BlackLine, and Philippe Omer-Decugis, General Manager, EMEA, followed by a technology-focused session from Jeremy Ung, CTO, who will unveil exclusive major product announcements while examining the role of AI and innovation across finance and accounting. Attendees will also hear from partners and customers thr
BlackLine Announces BeyondTheBlack London, Bringing Finance Leaders Together to Shape the Future of the Office of the CFO3.3.2026 11:00:00 EET | Press release
BlackLine, Inc. (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announces BeyondTheBlack London, taking place on Tuesday 14 April 2026 at the London Hilton on Park Lane. BeyondTheBlack is BlackLine’s award-winning event series, designed to bring finance and accounting leaders together to explore how modern teams can transform core financial processes, reduce manual work, and operate with greater accuracy, efficiency and intelligence. The London event will convene senior finance professionals, partners and BlackLine executives for a full day of learning, peer-led insight and networking. The agenda will open with plenary sessions from Owen Ryan, CEO of BlackLine, and Philippe Omer-Decugis, General Manager, EMEA, followed by a keynote from Jeremy Ung, CTO, who will share BlackLine’s latest thinking on AI, automation and innovation across the Office of the CFO. Morning sessions will also include an expert partner panel and guest keynote, before attendees move into
Smartstream’s Final ISO 20022 Paper Reveals 67% of Errors Are Due to Data Quality and Calls for a Holistic Operating Model3.3.2026 10:55:00 EET | Press release
Smartstream, the trusted data solutions provider for leading global financial institutions and enterprises, today announces a new paper which marks the conclusion of a four-part series in partnership with The ValueExchange - it examines the structural pressures reshaping the asset servicing industry. Titled ‘The Case for Transformation’, the report argues that incremental fixes are no longer sufficient, and that firms must pursue a holistic operating model change, with ISO 20022 and messaging interoperability at the core. Over the course of the series, the research has documented how asset servicing has reached a genuine inflection point. Transaction volumes are increasing at more than 25% year on year. Settlement and reporting timelines are shrinking. Regulatory expectations continue to intensify, with the mandatory transition to ISO 20022 by November 2026 representing a critical milestone. Yet many operating models remain rooted in outdated frameworks never designed for scale, transp
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom