Sector portfolio · Government fund · France

Bpifrance's Biotech portfolio

Bpifrance has backed 93 Biotech startups in rounds we track, $3.4B between them, shown by the stage each has reached. The best-funded is Valneva.

93startups backed
5stages
$3.4Braised between them
Stage not reportedbiggest stage

Bpifrance's whole portfolioBpifrance's profile

Stage not reported

32

+8 more

Pre-seed and seed

23

Series A

20

Series C and later

9

Series B

9

Segment by segment

Stage not reported

32 startups · $924M raised

  1. ValnevaValneva focuses on the development and commercialization of prophylactic vaccines for infectious diseases.France$310M
  2. VectivBioVectivBio is a biotechnology company committed to making innovative treatments for patients suffering from serious rare diseases.Switzerland$125M
  3. AFYRENAFYREN develop innovation in biotechnologies for the valorization of non-food biomass and in respect of the environment.France$98M
  4. InotremInotrem is a French biotechnology company founded in 2013, based in Paris with a technology center in Nancy.France$66M
  5. AgronutrisAgronutris is a biotech company involved in the breeding and processing of insects for food.France$58M
  6. DiabeloopDiabeloop is a French medtech company founded in 2015 in Grenoble, specializing in therapeutic artificial intelligence for automatFrance$51M
  7. DOMAIN TherapeuticsDomain Therapeutics is a biopharmaceutical company focused on GPCR in immuno-oncology.France$41M
  8. DreemDreem is a neurotechnology company composed of sleep pioneers, a team of experts fascinated by science, technology and design.France$35M

Pre-seed and seed

23 startups · $125M raised

  1. NūmiNumi is a fashion apparel company that provides undergarments for women such ad sweat and deodorants.France$28M
  2. Enodia TherapeuticsEnodia Therapeutics is a biotech company that provides transforming treatments for cancer, inflammation, and viral infection diseases.France$24M
  3. ElkedoniaElkedonia is a biotech startup founded in 2025 by Argobio, based in Strasbourg, France, with an affiliate in Charleroi, Belgium.France$13M
  4. Eligo BioscienceEligobiotics provides a new approach to explore, understand, and control bacterial ecosystems both in human and animals.France$7.2M
  5. MMAASHMAASH is a biotech mycoprotein producing company that supply a nutritious and health feed and food protein ingredient to its B2B partners.Belgium$6.8M
  6. UTUrania TherapeuticsFrance$5.8M
  7. LaclaréeLaclarée is a French deep-tech startup founded in 2016 by physicist Bruno Berge.France$5.8M
  8. Alkion BioInnovationsAlkion BioInnovations, also known as Alkinnov, is a plant biotechnology and deeptech company based in Versailles, France.France$5.1M

Series A

20 startups · $585M raised

  1. AdcytherixAdcytherix is a clinical-stage biopharmaceutical company based in Marseille, France.France$122M
  2. ETEmergence TherapeuticsEmergence is a biopharmaceutical company working on novel ADC immunotherapies for cancers with a high unmet need.Germany$98M
  3. AARGOBIOCMP therapeutics develops immunomodulators for allergy, and infectious diseases.United Kingdom$60M
  4. Brenus PharmaBrenus Pharma is a French clinical-stage biotechnology company founded in 2020 and headquartered in Issoire, France, with additionFrance$38M
  5. DepixusDepixus is a life-science technology company based in Paris, France, specializing in magnetic force spectroscopy (MFS) to analyze France$35M
  6. Coave TherapeuticsHorama develops gene therapies for rare inherited ocular and CNS (central nervous system) diseases.France$33M
  7. Bon VivantA French biotechnology company that uses precision fermentation to produce real dairy products, accessible to everyone.France$29M
  8. Phagosphagos develops personalised bacteriophage solutions as a sustainable alternative to antibioticsFrance$29M

Series C and later

9 startups · $1.1B raised

  1. ADCendoAdcendo ApS is a clinical-stage biotechnology company based in Frederiksberg, Copenhagen, Denmark, with operational offices in BosDenmark$210M
  2. Alentis TherapeuticsAlentis Therapeutics is a clinical-stage biotechnology company based in Basel, Switzerland.Switzerland$194M
  3. NouscomNouscom is a clinical-stage immuno-oncology company founded in 2015 and based in Basel, Switzerland, with operational facilities iSwitzerland$191M
  4. APAmolyt PharmaAmolyt Pharma specializes in peptides for the treatment of rare endocrine and metabolic disorders.France$139M
  5. TTISSIUMFrance$131M
  6. DynacureDynacure is a clinical-stage drug development company focused on improving the lives of patients with rare and orphan diseases.France$109M
  7. Cyllene TherapeuticsEG 427, operating under the name Cyllene Therapeutics, is a biotechnology company based in Paris.France$66M
  8. ENYO PharmaENYO Pharma is a clinical-stage biopharmaceutical company based in Lyon, France.France$54M

Series B

9 startups · $599M raised

  1. Ona TherapeuticsOna Therapeutics is a clinical-stage biotechnology company based in the Barcelona Science Park, Spain.Spain$98M
  2. ImCheck TherapeuticsImCheck Therapeutics is a developing novel therapeutics that target members of the butyrophilin (BTN) super-family of checkpoint molecules.France$97M
  3. TherachonTherachon is a global biotechnology company focused on developing medicines for rare, genetic diseasesFrance$95M
  4. GenSight BiologicsGenSight Biologics develops gene therapy-based treatments for retinal degenerative diseases.France$80M
  5. SparingVisionSparingVision is a clinical-stage genomic medicines company based in Paris, France.France$75M
  6. DNA ScriptDNA Script is a disruptive DNA synthesis company harnessing biology to accelerate breakthroughs in life science and human health.France$62M
  7. ARTHEx BiotechARTHEx Biotech is a clinical-stage biotechnology company based in Paterna, Valencia, Spain.Spain$41M
  8. OsivaxOsivax is a clinical stage biotechnology company developing a pipeline of vaccines and immunotherapies.France$39M

How this map is made. Every startup here works in Biotech and has raised money in a round we track that names Bpifrance as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

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