# Bpifrance's Biotech Investments: 93 Startups in Its Portfolio (2026) > The 93 Biotech startups Bpifrance has backed, by stage: $3.4B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/bpifrance-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 32 - [Valneva](https://millionrounds.com/company/valneva) - [VectivBio](https://millionrounds.com/company/vectivbio) - [AFYREN](https://millionrounds.com/company/afyren) - [Inotrem](https://millionrounds.com/company/inotrem) - [Agronutris](https://millionrounds.com/company/agronutris) - [Diabeloop](https://millionrounds.com/company/diabeloop) - [DOMAIN Therapeutics](https://millionrounds.com/company/domain-therapeutics) - [Dreem](https://millionrounds.com/company/dreem) - [Microphyt](https://millionrounds.com/company/microphyt) - [MaaT Pharma](https://millionrounds.com/company/maat-pharma) - [Egle Therapeutics](https://millionrounds.com/company/egle-therapeutics) - [Cell-Easy](https://millionrounds.com/company/cell-easy) - [Dianosic](https://millionrounds.com/company/dianosic) - [Apmonia Therapeutics](https://millionrounds.com/company/apmonia-therapeutics) - [Astraveus](https://millionrounds.com/company/astraveus) - [Vaxinano](https://millionrounds.com/company/vaxinano) - [Lys Therapeutics](https://millionrounds.com/company/lys-therapeutics) - [Aelis Farma](https://millionrounds.com/company/aelis-farma) - [Mabqi](https://millionrounds.com/company/mabqi) - [Susu](https://millionrounds.com/company/susu) - [*N* NextMind](https://millionrounds.com/company/nextmind) - [GamaMabs Pharma](https://millionrounds.com/company/gamamabs-pharma) - [EverImmune](https://millionrounds.com/company/everimmune) - [DIAMIDEX](https://millionrounds.com/company/diamidex) +8 more ## Pre-seed and seed 23 - [Nūmi](https://millionrounds.com/company/numi) - [Enodia Therapeutics](https://millionrounds.com/company/enodia-therapeutics) - [Elkedonia](https://millionrounds.com/company/elkedonia) - [Eligo Bioscience](https://millionrounds.com/company/eligo-bioscience) - [*M* MAASH](https://millionrounds.com/company/maash) - [*UT* Urania Therapeutics](https://millionrounds.com/company/urania-therapeutics) - [Laclarée](https://millionrounds.com/company/laclaree) - [Alkion BioInnovations](https://millionrounds.com/company/alkion-bioinnovations) - [HEPHAISTOS-Pharma](https://millionrounds.com/company/hephaistos-pharma) - [SeqOne](https://millionrounds.com/company/seqone) - [En Carta Diagnostics](https://millionrounds.com/company/en-carta-diagnostics) - [Klineo](https://millionrounds.com/company/klineo) - [Thabor Therapeutics](https://millionrounds.com/company/thabor-therapeutics) - [AbTx](https://millionrounds.com/company/abtx) - [Olgram](https://millionrounds.com/company/olgram) - [MSInsight](https://millionrounds.com/company/msinsight) - [CVasThera](https://millionrounds.com/company/cvasthera) - [Albupad](https://millionrounds.com/company/albupad) - [Yeasty](https://millionrounds.com/company/yeasty) - [Kairos Discovery](https://millionrounds.com/company/kairos-discovery) - [*S* Skuldtech](https://millionrounds.com/company/skuldtech) - [BiPER Therapeutics](https://millionrounds.com/company/biper-therapeutics) - [Omini](https://millionrounds.com/company/omini) ## Series A 20 - [Adcytherix](https://millionrounds.com/company/adcytherix) - [*ET* Emergence Therapeutics](https://millionrounds.com/company/emergence-therapeutics) - [*A* ARGOBIO](https://millionrounds.com/company/argobio) - [Brenus Pharma](https://millionrounds.com/company/brenus-pharma) - [Depixus](https://millionrounds.com/company/depixus) - [Coave Therapeutics](https://millionrounds.com/company/coave-therapeutics) - [Bon Vivant](https://millionrounds.com/company/bon-vivant) - [Phagos](https://millionrounds.com/company/phagos) - [Step Pharma](https://millionrounds.com/company/step-pharma) - [Pili](https://millionrounds.com/company/pili) - [Biomemory](https://millionrounds.com/company/biomemory) - [Enalees](https://millionrounds.com/company/enalees) - [Igyxos](https://millionrounds.com/company/igyxos) - [*NT* NH TherAguix](https://millionrounds.com/company/nh-theraguix) - [CarbonWorks](https://millionrounds.com/company/carbonworks) - [EVerZom](https://millionrounds.com/company/everzom) - [HawkCell](https://millionrounds.com/company/hawkcell) - [PEP-Therapy](https://millionrounds.com/company/pep-therapy) - [OncoDiag](https://millionrounds.com/company/oncodiag) - [Carroucell](https://millionrounds.com/company/carroucell) ## Series C and later 9 - [ADCendo](https://millionrounds.com/company/adcendo) - [Alentis Therapeutics](https://millionrounds.com/company/alentis-therapeutics) - [Nouscom](https://millionrounds.com/company/nouscom) - [*AP* Amolyt Pharma](https://millionrounds.com/company/amolyt-pharma) - [*T* TISSIUM](https://millionrounds.com/company/tissium) - [Dynacure](https://millionrounds.com/company/dynacure) - [Cyllene Therapeutics](https://millionrounds.com/company/cyllene-therapeutics) - [ENYO Pharma](https://millionrounds.com/company/enyo-pharma) - [Biom'Up](https://millionrounds.com/company/biom-up) ## Series B 9 - [Ona Therapeutics](https://millionrounds.com/company/ona-therapeutics) - [ImCheck Therapeutics](https://millionrounds.com/company/imcheck-therapeutics) - [Therachon](https://millionrounds.com/company/therachon) - [GenSight Biologics](https://millionrounds.com/company/gensight-biologics) - [SparingVision](https://millionrounds.com/company/sparingvision) - [DNA Script](https://millionrounds.com/company/dna-script) - [ARTHEx Biotech](https://millionrounds.com/company/arthex-biotech) - [Osivax](https://millionrounds.com/company/osivax) - [Surgivisio](https://millionrounds.com/company/surgivisio) ## Segment by segment ### Stage not reported 32 startups · $924M raised - [**Valneva**](https://millionrounds.com/company/valneva) Valneva focuses on the development and commercialization of prophylactic vaccines for infectious diseases. France $310M - [**VectivBio**](https://millionrounds.com/company/vectivbio) VectivBio is a biotechnology company committed to making innovative treatments for patients suffering from serious rare diseases. Switzerland $125M - [**AFYREN**](https://millionrounds.com/company/afyren) AFYREN develop innovation in biotechnologies for the valorization of non-food biomass and in respect of the environment. France $98M - [**Inotrem**](https://millionrounds.com/company/inotrem) Inotrem is a French biotechnology company founded in 2013, based in Paris with a technology center in Nancy. France $66M - [**Agronutris**](https://millionrounds.com/company/agronutris) Agronutris is a biotech company involved in the breeding and processing of insects for food. France $58M - [**Diabeloop**](https://millionrounds.com/company/diabeloop) Diabeloop is a French medtech company founded in 2015 in Grenoble, specializing in therapeutic artificial intelligence for automat France $51M - [**DOMAIN Therapeutics**](https://millionrounds.com/company/domain-therapeutics) Domain Therapeutics is a biopharmaceutical company focused on GPCR in immuno-oncology. France $41M - [**Dreem**](https://millionrounds.com/company/dreem) Dreem 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 - [**Nūmi**](https://millionrounds.com/company/numi) Numi is a fashion apparel company that provides undergarments for women such ad sweat and deodorants. France $28M - [**Enodia Therapeutics**](https://millionrounds.com/company/enodia-therapeutics) Enodia Therapeutics is a biotech company that provides transforming treatments for cancer, inflammation, and viral infection diseases. France $24M - [**Elkedonia**](https://millionrounds.com/company/elkedonia) Elkedonia is a biotech startup founded in 2025 by Argobio, based in Strasbourg, France, with an affiliate in Charleroi, Belgium. France $13M - [**Eligo Bioscience**](https://millionrounds.com/company/eligo-bioscience) Eligobiotics provides a new approach to explore, understand, and control bacterial ecosystems both in human and animals. France $7.2M - [*M* **MAASH**](https://millionrounds.com/company/maash) MAASH is a biotech mycoprotein producing company that supply a nutritious and health feed and food protein ingredient to its B2B partners. Belgium $6.8M - [*UT* **Urania Therapeutics**](https://millionrounds.com/company/urania-therapeutics) France $5.8M - [**Laclarée**](https://millionrounds.com/company/laclaree) Laclarée is a French deep-tech startup founded in 2016 by physicist Bruno Berge. France $5.8M - [**Alkion BioInnovations**](https://millionrounds.com/company/alkion-bioinnovations) Alkion 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 - [**Adcytherix**](https://millionrounds.com/company/adcytherix) Adcytherix is a clinical-stage biopharmaceutical company based in Marseille, France. France $122M - [*ET* **Emergence Therapeutics**](https://millionrounds.com/company/emergence-therapeutics) Emergence is a biopharmaceutical company working on novel ADC immunotherapies for cancers with a high unmet need. Germany $98M - [*A* **ARGOBIO**](https://millionrounds.com/company/argobio) CMP therapeutics develops immunomodulators for allergy, and infectious diseases. United Kingdom $60M - [**Brenus Pharma**](https://millionrounds.com/company/brenus-pharma) Brenus Pharma is a French clinical-stage biotechnology company founded in 2020 and headquartered in Issoire, France, with addition France $38M - [**Depixus**](https://millionrounds.com/company/depixus) Depixus is a life-science technology company based in Paris, France, specializing in magnetic force spectroscopy (MFS) to analyze France $35M - [**Coave Therapeutics**](https://millionrounds.com/company/coave-therapeutics) Horama develops gene therapies for rare inherited ocular and CNS (central nervous system) diseases. France $33M - [**Bon Vivant**](https://millionrounds.com/company/bon-vivant) A French biotechnology company that uses precision fermentation to produce real dairy products, accessible to everyone. France $29M - [**Phagos**](https://millionrounds.com/company/phagos) phagos develops personalised bacteriophage solutions as a sustainable alternative to antibiotics France $29M ### Series C and later 9 startups · $1.1B raised - [**ADCendo**](https://millionrounds.com/company/adcendo) Adcendo ApS is a clinical-stage biotechnology company based in Frederiksberg, Copenhagen, Denmark, with operational offices in Bos Denmark $210M - [**Alentis Therapeutics**](https://millionrounds.com/company/alentis-therapeutics) Alentis Therapeutics is a clinical-stage biotechnology company based in Basel, Switzerland. Switzerland $194M - [**Nouscom**](https://millionrounds.com/company/nouscom) Nouscom is a clinical-stage immuno-oncology company founded in 2015 and based in Basel, Switzerland, with operational facilities i Switzerland $191M - [*AP* **Amolyt Pharma**](https://millionrounds.com/company/amolyt-pharma) Amolyt Pharma specializes in peptides for the treatment of rare endocrine and metabolic disorders. France $139M - [*T* **TISSIUM**](https://millionrounds.com/company/tissium) France $131M - [**Dynacure**](https://millionrounds.com/company/dynacure) Dynacure is a clinical-stage drug development company focused on improving the lives of patients with rare and orphan diseases. France $109M - [**Cyllene Therapeutics**](https://millionrounds.com/company/cyllene-therapeutics) EG 427, operating under the name Cyllene Therapeutics, is a biotechnology company based in Paris. France $66M - [**ENYO Pharma**](https://millionrounds.com/company/enyo-pharma) ENYO Pharma is a clinical-stage biopharmaceutical company based in Lyon, France. France $54M ### Series B 9 startups · $599M raised - [**Ona Therapeutics**](https://millionrounds.com/company/ona-therapeutics) Ona Therapeutics is a clinical-stage biotechnology company based in the Barcelona Science Park, Spain. Spain $98M - [**ImCheck Therapeutics**](https://millionrounds.com/company/imcheck-therapeutics) ImCheck Therapeutics is a developing novel therapeutics that target members of the butyrophilin (BTN) super-family of checkpoint molecules. France $97M - [**Therachon**](https://millionrounds.com/company/therachon) Therachon is a global biotechnology company focused on developing medicines for rare, genetic diseases France $95M - [**GenSight Biologics**](https://millionrounds.com/company/gensight-biologics) GenSight Biologics develops gene therapy-based treatments for retinal degenerative diseases. France $80M - [**SparingVision**](https://millionrounds.com/company/sparingvision) SparingVision is a clinical-stage genomic medicines company based in Paris, France. France $75M - [**DNA Script**](https://millionrounds.com/company/dna-script) DNA Script is a disruptive DNA synthesis company harnessing biology to accelerate breakthroughs in life science and human health. France $62M - [**ARTHEx Biotech**](https://millionrounds.com/company/arthex-biotech) ARTHEx Biotech is a clinical-stage biotechnology company based in Paterna, Valencia, Spain. Spain $41M - [**Osivax**](https://millionrounds.com/company/osivax) Osivax 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. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Sector portfolio **Bpifrance's AI portfolio** 99 startups · $11B](https://millionrounds.com/portfolio-maps/bpifrance-ai-portfolio)[Sector portfolio **Bpifrance's Healthtech portfolio** 46 startups · $1.5B](https://millionrounds.com/portfolio-maps/bpifrance-healthtech-portfolio)[Sector portfolio **Bpifrance's Fintech portfolio** 39 startups · $1.5B](https://millionrounds.com/portfolio-maps/bpifrance-fintech-portfolio)[Sector portfolio **Bpifrance's IT Services portfolio** 31 startups · $51M](https://millionrounds.com/portfolio-maps/bpifrance-it-services-portfolio)[Sector portfolio **Bpifrance's Agtech portfolio** 30 startups · $429M](https://millionrounds.com/portfolio-maps/bpifrance-agtech-portfolio)[Sector portfolio **Bpifrance's Cleantech portfolio** 27 startups · $415M](https://millionrounds.com/portfolio-maps/bpifrance-cleantech-portfolio) ## Raising from investors like Bpifrance? 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