Cincinnati firm lands $40M venture capital investment

Enable Injections disclosed today that the company has completed a first closing of a Series B round that raised more than $40 million, one of the largest investments in a Cincinnati company ever made by venture capitalists.

Evendale-based Enable said the investment was led by Sanofi-Sunrise, the Massachusetts venture capital arm of the Paris-based Sanofi pharmaceutical company. It’s the world’s third-largest pharma firm based on sales of $39.5 billion.

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Story excerpt provided by Cincinnati Business Courier.

Written by Barrett J. Brunsman.

Originally published October 25, 2018.