ARTICLE | Financial News
Kurma announces first close of €150 million Biofund III
December 14, 2018 3:40 PM UTC
Kurma Partners S.A. completed the first close of its third fund, Kurma Biofund III, which is targeting a final close of €150 million ($169.4 million) in 2019. The firm declined to disclose the size of the first close.
The pan-European fund is backed by Servier (Suresnes, France), Bpifrance, Idinvest Partners and other undisclosed institutional investors and family offices, and will invest in 12-15 life sciences companies, including four to five start-ups founded by Kurma (see “Spreading Kurma”)...
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