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Truffle Capital Raises €250M For New BioMedtech VC Fund

 
• By Catherine Longworth

French VC firm Truffle Capital has raised €250 million ($278m) for its new BioMedTech fund. The capital will be used to create 12 new medtech companies.  

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Truffle Capital has raised €250m ($278m) million for a new medtech dedicated fund. The French VC firm said its BioMedTech fund will be used to launch 12 medtech companies, based on disruptive technologies from the top 50 US and European universities.

Truffle Capital CEO and co-founder, Philippe Pouletty told Medtech Insight the new financing would mostly go to French start-ups with "revolutionary solutions."

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