Kurma Partners Biofund IV

France
Series A
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About Kurma Partners Biofund IV

Kurma Partners closes €215M Biofund IV, crossing €1B AUM on back of four big pharma exits. Invests in European biotech and biopharma companies at Series A and B stages.

Investment Focus

Location / RegionFrance
Funding StageSeries A
Industry Focus
Biotech
Therapeutics

Investor Signals Profile

active

Sweet Spot

Scientific founder or academic researcher in European therapeutics targeting severe or rare disease

biotech-early-stage
company-creation
rare-disease
therapeutics
academic-spinouts

Bullish Signals

Four Big Pharma exits in single fund cycle — AZ, Lilly, uniQure, Ipsenblog
CSL cornerstone LP signals privileged pharma BD access for portfolio companiesblog
11 investments already made, 9 more planned with capital actively deployingblog
Crossed €1B AUM enabling co-lead roles on larger European roundsblog
Paris HQ — 24 Rue Royale, prime location confirmedlinkedin
Website active — kurmapartners.com operationallinkedin

Contrarian Signals

Fund closed €35M below €250M target — LP appetite had limitsblog
Company-creation model is slower — 10-12 year timeline to exitblog
80% therapeutics concentration creates binary clinical outcome riskblog
11-50 staff — lean team for active portfolio sizelinkedin

Founder Do's

Engage Kurma before forming a legal entity if you have academic IP
Focus pitch on severe or rare diseases with high unmet medical need
Highlight scientific depth and academic institution partnerships
Demonstrate readiness for long-term pharma BD conversations
Position your program for eventual Big Pharma trade sale

Founder Don'ts

Pitch non-therapeutic plays — 80% focus is therapeutics only
Expect purely financial partnership — they are deeply hands-on operationally
Come without strong scientific credentials or life sciences background

Key GPs & Partners

JC
Jacques Chatain
Directeur Général / Founder
ex-founderthesis-drivencommunity-builder
JC
Jim Cowart
Managing Partner
hands-onmetrics-driventhesis-driven
HB
Hadrien Bouchez
Partner
thesis-driven
DP
Daniel Parera
Principal
metrics-driven

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Fund Overview

Fund Size€215M
Saves0

Key People

Vanessa Malier

Jacques ChatainDirecteur Général / Founder
Jim CowartManaging Partner
Hadrien BouchezPartner
Daniel PareraPrincipal

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