Sam Fazeli

Plenty of stuff to talk about.

The seven funds that the group runs, which are

Many more than the first days that I remember Antoine from.

I think probably Sofinova Capital was the first one, I guess.

Sofinova is obviously a leading European life sciences venture capital firm founded in 1972.

So it's slightly younger than me.

Just in 2025, the group raised one and a half billion euros.

So combined with the group that I spoke with yesterday,

few weeks ago that was for beyond this these are these two firms along with eqt uh friends there and quite a few other vcs are at the forefront of leading investments into biotech and they are a european-based healthcare vc but obviously not just europe so almost half of that money that was raised went to the uh sofinova capital six eleven fund sorry eleven wow

Over 500 companies backed since 1972.

Currently over 100 in the portfolio companies in the list.

And a total of about 4 billion euros under management.

So things have clearly gone in the right direction and very well for Antoine.

Welcome, Antoine.

It's really nice to have you with us.

Yeah.

I mean, you can't not be an optimist when you work in biotech, right?

Because it's feast and famine at times.

And also, you need that, I think, in order to see through the risks and look at the potential.

And of course, you do capital management in a sensible way to try and get the risks taken care of as much as possible.