# Andera Partners: portfolio, investments and team

> Andera Partners is a private equity based in France. 53 investments on record, 14 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/andera-partners (Millionrounds; every figure on the page links to its filing or article)

France · [Investor](https://millionrounds.com/investors)

# Andera Partners

Last cheque observed Oct 2026; 53 cheques on record.

Email

Deploying now Private equity

Seed Series A Series B Life Sciences Midcap Expansion

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Deploying now

**93%** of best year **14** **cheques in 12 months**, 53 on record

Since the last cheque **12** days **00** hrs **00** min **00** sec

Median round **$57M** Cheque size, as they say **$5.0M – $35M** Rounds led **6 of 53** Sole investor **3 rounds** Mostly in **France, 37%**

Pitch Andera Partners

## Andera Partners highlights

- 01 14 cheques in the last 12 months
- 02 Mostly Series A and Series C: 56% of its rounds
- 03 Sole investor in 3 rounds, median $20M

## What they do

> Andera Partners is an asset management firm specialising in Private Equity. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** $5.0M – $35M as they say
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Life Sciences Midcap Expansion
- **Based in:** Paris, France
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **53 appearances**

- **2026** 12 rounds
- **Oct** **[Nouscom](https://millionrounds.com/company/nouscom)** Series D · CH · Revelation Partners **$135M** With 14 others
- **Sept** **[HighLife](https://millionrounds.com/company/highlife)** Growth · Capricorn Partners **$90M** *Led*
- **Sept** **[MMI](https://millionrounds.com/company/mmi)** Venture **$20M** With 4 others
- **Jul** **[Cyllene Therapeutics](https://millionrounds.com/company/cyllene-therapeutics)** Series C · FR **$38M** With 1 other
- **Jun** **[Mineralys Therapeutics](https://millionrounds.com/company/mineralys-therapeutics)** Debt · US **$500M** With 5 others
- **May** **[Rivermark Medical, Inc.](https://millionrounds.com/company/rivermark-medical-inc)** Series D · US · Andera Partners **$20M** *Led*
- **Feb** **[Alveus Therapeutics Inc.](https://millionrounds.com/company/alveus-therapeutics-inc)** Series A · US · Seroba Life Sciences **$197M** *Led*
- **Feb** **[Evommune](https://millionrounds.com/company/evommune)** US **$125M** With 5 others
- **Jan** **[Alveus Therapeutics](https://millionrounds.com/company/alveus-therapeutics)** Series A · US · Avego Management **$160M** *Led*
- **Jan** **[Spiro Medical](https://millionrounds.com/company/spiro-medical)** Series A · US **$67M** With 4 others
- **Jan** **[Tricares](https://millionrounds.com/company/tricares)** Debt · FR **$23M** With 4 others
- **Jan** **[Exciva](https://millionrounds.com/company/exciva)** Series B · DE **$59M** With 1 other
- **2025** 9 rounds
- **Dec** **[TargED Biopharmaceuticals B.V.](https://millionrounds.com/company/targed-biopharmaceuticals-b-v)** Series A · NL · Curie Capital **$25M** With 6 others
- **Dec** **[Kestra Medical Technologies, Inc.](https://millionrounds.com/company/kestra-medical-technologies-inc)** US **$138M** With 3 others
- **Oct** **[Tubulis](https://millionrounds.com/company/tubulis)** Series C · DE **$401M** With 4 others
- **Oct** **[Adcytherix](https://millionrounds.com/company/adcytherix)** Series A · FR **$122M** With 3 others
- **Jul** **[Lhyfe](https://millionrounds.com/company/lhyfe)** Crowdfunding · FR **$2.9M** With 3 others
- **Jun** **[ENYO Pharma](https://millionrounds.com/company/enyo-pharma)** Series C · FR **$6.9M** With 3 others
- **Feb** **[Cyllene Therapeutics](https://millionrounds.com/company/cyllene-therapeutics)** Series B · FR **$28M** With 1 other
- **Jan** **[Bioptimus](https://millionrounds.com/company/bioptimus)** Seed · FR · Silicon Canals **$76M** With 9 others
- **Jan** **[FIRE1](https://millionrounds.com/company/fire1)** Series B · IE **$120M** With 5 others
- **2024** 8 rounds
- **Oct** **[AgomAb Therapeutics](https://millionrounds.com/company/agomab-therapeutics)** Series D · BE **$89M** With 4 others
- **Oct** **[Qovoltis](https://millionrounds.com/company/qovoltis)** Series B · FR **$50M** Sole investor
- **Sept** **[Skysun](https://millionrounds.com/company/skysun)** Series A · BE **$19M** Sole investor
- **Aug** **[ImCheck Therapeutics](https://millionrounds.com/company/imcheck-therapeutics)** Grant · FR **$22M** With 6 others
- **Jul** **[SciRhom](https://millionrounds.com/company/scirhom)** Series A · DE **$68M** With 3 others
- **May** **[Greywolf Therapeutics](https://millionrounds.com/company/grey-wolf-therapeutics)** Series B · GB **$50M** With 3 others
- **Mar** **[Nouscom](https://millionrounds.com/company/nouscom)** Series C · CH **$7.6M** With 4 others
- **Feb** **[MMI](https://millionrounds.com/company/mmi)** Series C **$110M** With 4 others
- **2023** 7 rounds
- **Nov** **[Inotrem](https://millionrounds.com/company/inotrem)** Venture · FR **Undisclosed** With 3 others
- **Nov** **[mylight150](https://millionrounds.com/company/mylight150)** Venture · FR **$109M** With 1 other
- **Sept** **[Qualisteo](https://millionrounds.com/company/qualisteo)** Venture · FR **$5.4M** With 2 others
- **May** **[Dualyx](https://millionrounds.com/company/dualyx)** Series A · BE **$44M** With 1 other
- **Apr** **[Ariceum Therapeutics](https://millionrounds.com/company/ariceum-therapeutics)** Series A · DE **$25M** With 2 others
- **Jan** **[Amolyt Pharma](https://millionrounds.com/company/amolyt-pharma)** Series C · FR · Firms' own news pages **$139M** With 5 others
- **Jan** **[SoniVie](https://millionrounds.com/company/sonivie)** Series C **$60M** With 2 others
- **2022** 2 rounds
- **Aug** **[Axonics Modulation Technologies](https://millionrounds.com/company/axonics-modulation-technologies)** US **$112M** With 4 others
- **Jan** **[INNOVO by Atlantic Therapeutics](https://millionrounds.com/company/innovo-by-atlantic-therapeutics)** Venture · IE **$20M** With 4 others
- **2021** 2 rounds
- **Aug** **[T-knife](https://millionrounds.com/company/t-knife)** Series B · DE **$110M** With 4 others
- **Jan** **[LogicBio Therapeutics](https://millionrounds.com/company/logicbio-therapeutics)** Venture **Undisclosed** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **107** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$4.3B** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Andera Partners
- **SEC number:** CRD 340676

## What they claim to have backed

From their own portfolio page (on their website)

**44** of 60 we have independently watched raise

[01.2013 - andera](https://millionrounds.com/company/turbocoating)[01.2019 - andera](https://millionrounds.com/company/exciva)[01.2023 - andera](https://millionrounds.com/company/sonivie)[01.2025 - andera](https://millionrounds.com/company/bioptimus)[01.2026 - andera](https://millionrounds.com/company/spiro-medical)[02.2022 - andera](https://millionrounds.com/company/targed-biopharmaceuticals)[02.2022 - andera](https://millionrounds.com/company/lhyfe)[03.2017 - andera](https://millionrounds.com/company/avalyn-pharma)[03.2023 - andera](https://millionrounds.com/company/fire1)[04.2007 - andera](https://millionrounds.com/company/noxxon)[04.2018 - andera](https://millionrounds.com/company/crescendo-biologics)[04.2019 - andera](https://millionrounds.com/company/hr-path)[04.2023 - andera](https://millionrounds.com/company/ariceum-therapeutics)[05.2014 - andera](https://millionrounds.com/company/chase-pharmaceuticals)[05.2015 - andera](https://millionrounds.com/company/exclusive-networks)[05.2022 - andera](https://millionrounds.com/company/tubulis)[05.2026 - andera](https://millionrounds.com/company/rivermark-medical)[06.2010 - andera](https://millionrounds.com/company/poxel)[06.2017 - andera](https://millionrounds.com/company/logicbio)[06.2018 - andera](https://millionrounds.com/company/tricares)[06.2018 - andera](https://millionrounds.com/company/enyo-pharma)[06.2022 - andera](https://millionrounds.com/company/imcheck-therapeutics)[07.2016 - andera](https://millionrounds.com/company/verona-pharma)[07.2019 - andera](https://millionrounds.com/company/am-pharma)[07.2023 - andera](https://millionrounds.com/company/passman)[07.2024 - andera](https://millionrounds.com/company/scirhom)[08.2018 - andera](https://millionrounds.com/company/artios)[09.2011 - andera](https://millionrounds.com/company/snadec)[09.2020 - andera](https://millionrounds.com/company/nyxoah)[09.2021 - andera](https://millionrounds.com/company/evommune)[09.2023 - Terra](https://millionrounds.com/company/qualisteo)[09.2024 - andera](https://millionrounds.com/company/skysun)[10.2005 - andera](https://millionrounds.com/company/mdxhealth)[10.2019 - andera](https://millionrounds.com/company/agomab-therapeutics)[10.2022 - andera](https://millionrounds.com/company/qovoltis)[10.2024 - andera](https://millionrounds.com/company/inventiva-pharma)[11.2005 - andera](https://millionrounds.com/company/eos-imaging)[11.2014 - andera](https://millionrounds.com/company/finsecur)[11.2023 - andera](https://millionrounds.com/company/nouscom)[11.2023 - andera](https://millionrounds.com/company/mylight150)[12.2013 - andera](https://millionrounds.com/company/smile)[12.2018 - andera](https://millionrounds.com/company/highlife)[Implanet](https://millionrounds.com/company/implanet)[Sanifit](https://millionrounds.com/company/sanifit) 01.2013 - andera 01.2014 - andera 01.2017 - andera 01.2019 - andera 01.2021 - andera 01.2021 - andera 01.2024 - andera 01.2024 - andera 02.2008 - andera 02.2009 - andera 02.2010 - andera 02.2011 - andera 02.2018 - andera 02.2019 - andera 02.2022 - andera 02.2022 - andera and 179 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Seed Series A Series B

Median round joined **$57M** the round, not its cheque Alone, median **$20M**

Led 6 of 53 rounds **11%**

- **Said size:** $5.0M – $35M
- **Sole investor:** 3 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series A said *13*
- Series C *10*
- Series B said *9*
- Venture *6*
- Series D *3*
- Seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Bpifrance](https://millionrounds.com/fund/bpifrance) 13
- [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences) 13
- [KurmaPartners](https://millionrounds.com/fund/kurmapartners) 7
- [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) 7
- [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) 6
- [Omega Funds](https://millionrounds.com/fund/omega-funds) 5

**Pitching Andera Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Andera Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Bpifrance** Government **13** rounds together](https://millionrounds.com/fund/bpifrance)[**EQT Life Sciences** VC firm **13** rounds together](https://millionrounds.com/fund/eqt-life-sciences)[**KurmaPartners** VC firm **7** rounds together](https://millionrounds.com/fund/kurmapartners)[**Sofinnova Partners** VC firm **7** rounds together](https://millionrounds.com/fund/sofinnova-partners)[**RA Capital Management** Private equity **6** rounds together](https://millionrounds.com/fund/ra-capital-management)[**Omega Funds** VC firm **5** rounds together](https://millionrounds.com/fund/omega-funds)[**Wellington Partners** VC firm **5** rounds together](https://millionrounds.com/fund/wellington-partners)[**Earlybird Venture Capital** VC firm **4** rounds together](https://millionrounds.com/fund/earlybird)[**European Investment Bank** Government **4** rounds together](https://millionrounds.com/fund/european-investment-bank)[**Novo Holdings** VC firm **4** rounds together](https://millionrounds.com/fund/novo-ventures)[**OrbiMed** Private equity **4** rounds together](https://millionrounds.com/fund/orbimed)[**Canaan** VC firm **3** rounds together](https://millionrounds.com/fund/canaan-partners)

## Recently backed

The latest companies Andera Partners put money into.

[**Nouscom** $135M · Oct 2026](https://millionrounds.com/company/nouscom)[**HighLife** $90M · Sept 2026](https://millionrounds.com/company/highlife)[**Cyllene Therapeutics** $38M · Jul 2026](https://millionrounds.com/company/cyllene-therapeutics)[**Mineralys Therapeutics** $500M · Jun 2026](https://millionrounds.com/company/mineralys-therapeutics)[**Rivermark Medical, Inc.** $20M · May 2026](https://millionrounds.com/company/rivermark-medical-inc)[**Alveus Therapeutics Inc.** $197M · Feb 2026](https://millionrounds.com/company/alveus-therapeutics-inc)

## Quick answers about Andera Partners

### What does Andera Partners invest in?

Andera Partners invests most often at Series A and Series C (56% of the rounds on record), in sectors such as Life Sciences, Midcap and Expansion.

### How active is Andera Partners?

53 investments on record, 14 of them in the last 12 months, and it led 6. The most recent was in Oct 2026.

### What has Andera Partners invested in recently?

Its most recent investments on record: Nouscom (Series D, Oct 2026), HighLife (Growth, Sept 2026) and MMI (Venture, Sept 2026).

### How big are Andera Partners's cheques?

The median round it joins is $57M. It says it writes cheques of $5.0M to $35M.

### Does Andera Partners lead rounds?

Sometimes: it led 6 of its 53 investments on record (11%).

### Where does Andera Partners invest?

Most of the companies it backs are in France (37%), the United States (23%) and Germany (14%).

### Is Andera Partners investing now?

Yes: it is actively investing, with 14 investments in the last 12 months.

### Who does Andera Partners invest alongside?

Most often Bpifrance (13 rounds together), EQT Life Sciences (13 rounds together) and KurmaPartners (7 rounds together).

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