# TreeFrog Therapeutics funding: rounds and investors

> TreeFrog Therapeutics has raised $34M across 1 round since 2025. Investors include Bpifrance, European Investment Bank and XAnge. Every round with its source.

Source: https://millionrounds.com/company/treefrog-therapeutics (Millionrounds; every figure on the page links to its filing or article)

France · [Funded startup](https://millionrounds.com/companies)

# Who invested in *TreeFrog Therapeutics*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Pharma

Funding summary Updated 26 Oct 2026

**$34M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $34M May 2025
- **Investors:** 3

See who backed them

## The rounds

- **May 2025** Debt **$34M** [Bpifrance](https://millionrounds.com/fund/bpifrance) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [XAnge](https://millionrounds.com/fund/xange) Source recorded

## Founders and team

From TreeFrog Therapeutics's own website: 1 founder, 11 on the team.

**Maxime Feyeux** Co-Founder

- **Mark Rothera** Chief Executive Officer
- **François Gianelli** Chief Regulatory & Quality Officer
- **Jens Schröder** Chief Medical Officer
- **Lauriane Gillard** Chief Legal & IP Officer
- **Michaël Lanero Fidalgo** Chief Operating Officer
- **Myriam Makhloufi** Chief Strategy Officer
- **Peter Andersen** Chief R&D Officer
- **Romain Boiteux** Chief People Officer
- **Stephanie Krebs** Head of Business Development and Alliance Management
- **Elsy Boglioli** Chair, Independent Board Member
- **Peter Nell** Independent Board Member

## Everyone who backed them

[Bpifrance](https://millionrounds.com/fund/bpifrance) Government **1** round

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

[XAnge](https://millionrounds.com/fund/xange) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=treefrog-therapeutics).

## Quick answers about TreeFrog Therapeutics

### Who invested in TreeFrog Therapeutics?

TreeFrog Therapeutics's investors include Bpifrance, European Investment Bank and XAnge.

### How much has TreeFrog Therapeutics raised?

TreeFrog Therapeutics has raised $34M across 1 round since 2025.

### When did TreeFrog Therapeutics last raise?

TreeFrog Therapeutics's most recent round was a Debt of $34M in May 2025.

### What was TreeFrog Therapeutics's biggest round?

Its most recent round, $34M in May 2025, is also its largest on record.

### Who backed TreeFrog Therapeutics first?

TreeFrog Therapeutics's first round on record, in May 2025, was backed by Bpifrance, European Investment Bank and XAnge.

### What stage is TreeFrog Therapeutics at?

TreeFrog Therapeutics's latest named round is a Debt, in May 2025.

### Where is TreeFrog Therapeutics based?

TreeFrog Therapeutics is based in France.

## Companies like TreeFrog Therapeutics

In the same sector, and raised in the last eighteen months.

[**Biolevate** $41M · Sept 2026](https://millionrounds.com/company/biolevate)[**Inventiva Pharma** $120M · Jun 2026](https://millionrounds.com/company/inventiva-pharma)[**ErVimmune** $20M · Jan 2026](https://millionrounds.com/company/ervimmune)[**SWEETECH** $2.6M · Jan 2026](https://millionrounds.com/company/sweetech)[**MovaLife** $2.1M · Nov 2025](https://millionrounds.com/company/movalife)[**ArcaScience** $7.0M · Sept 2025](https://millionrounds.com/company/arcascience)

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