After leading 10 of its portfolio companies to exit in the past three years for a total enterprise value of almost €3 billion, European venture capital firm Sofinnova Partners (Paris) is now armed with a new €300 million fund to support a new stream of early-stage companies. The firm blew past its initial fund target of €250 million and now has a total of €1.5 billion ($1.6 billion) under management.

Arterys Inc. (San Francisco), a new medical imaging firm, has launched a cloud-based machine learning platform designed to deliver fast visualization and quantification with automatic analysis. The first application of the Arterys system is in the cardiovascular space, with the intention of enabling clinical visualization and quantification of blood flow inside the body.