# Bpifrance's Pharma Investments: 16 Startups in Its Portfolio (2026)

> The 16 Pharma startups Bpifrance has backed, by stage: $116M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/bpifrance-pharma-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Stage not reported

6

- [TreeFrog Therapeutics](https://millionrounds.com/company/treefrog-therapeutics)
- [SUPERBRANCHE](https://millionrounds.com/company/superbranche)
- [Perha Pharmaceuticals](https://millionrounds.com/company/perha-pharmaceuticals)
- [C4Diagnostics](https://millionrounds.com/company/c4diagnostics)
- [MovaLife](https://millionrounds.com/company/movalife)
- [Jalon Therapeutics](https://millionrounds.com/company/jalon-therapeutics)

## Pre-seed and seed

5

- [CHENEVIA](https://millionrounds.com/company/chenevia)
- [KOLIBRI](https://millionrounds.com/company/kolibri)
- [SWEETECH](https://millionrounds.com/company/sweetech)
- [GenSensor](https://millionrounds.com/company/gensensor)
- [Vaxxel](https://millionrounds.com/company/vaxxel)

## Series A

3

- [ErVimmune](https://millionrounds.com/company/ervimmune)
- [Tafalgie Therapeutics](https://millionrounds.com/company/tafalgie-therapeutics)
- [Genoskin](https://millionrounds.com/company/genoskin)

## Series B

2

- [Meccellis Biotech](https://millionrounds.com/company/meccellis-biotech)
- [ABC Transfer](https://millionrounds.com/company/abc-transfer)

## Segment by segment

### Stage not reported

6 startups · $55M raised

- [**TreeFrog Therapeutics**](https://millionrounds.com/company/treefrog-therapeutics) TreeFrog Therapeutics is a stem cell company that will enable millions of patients to access the medical revolution of cell therapies. France $34M
- [**SUPERBRANCHE**](https://millionrounds.com/company/superbranche) SUPERBRANCHE is a French biotechnology startup founded in 2019 in Strasbourg. France $14M
- [**Perha Pharmaceuticals**](https://millionrounds.com/company/perha-pharmaceuticals) Perha Pharmaceuticals is a bio technology company which does research & development of kinase inhibitors. France $2.8M
- [**C4Diagnostics**](https://millionrounds.com/company/c4diagnostics) C4Diagnostics is a biotechnology company based in Marseille, France, focused on developing innovative in vitro diagnostic (IVD) te France $2.5M
- [**MovaLife**](https://millionrounds.com/company/movalife) MovaLive aims to bring about a transition in the field of Assisted Reproductive Technology (ART) France $2.1M
- [**Jalon Therapeutics**](https://millionrounds.com/company/jalon-therapeutics) Jalon Therapeutics is a biotechnology company based in Paris, France, founded in 2021. France $465K

### Pre-seed and seed

5 startups · $12M raised

- [**CHENEVIA**](https://millionrounds.com/company/chenevia) CHENEVIA is specializing in the cultivation, collection, and processing of hemp flowers to create innovative, natural therapeutic solutions. France $3.4M
- [**KOLIBRI**](https://millionrounds.com/company/kolibri) KOLIBRI provides a health screening system that provides disease detection and prevention. France $2.8M
- [**SWEETECH**](https://millionrounds.com/company/sweetech) SWEETECH is a deeptech startup developed a patented platform for environmentally friendly production of oligosaccharides via fermentation. France $2.6M
- [**GenSensor**](https://millionrounds.com/company/gensensor) GenSensor is a French biotech and deeptech startup founded in 2021, located in Saint-Herblain, Nantes. France $2.2M
- [**Vaxxel**](https://millionrounds.com/company/vaxxel) Vaxxel is a biotechnology company based in Villeurbanne, France, founded in September 2019 as a spin-off from the VirPath laboratory in Lyon. France $1.3M

### Series A

3 startups · $39M raised

- [**ErVimmune**](https://millionrounds.com/company/ervimmune) Targeting shared unconventional tumor antigens in cancer immunotherapy France $20M
- [**Tafalgie Therapeutics**](https://millionrounds.com/company/tafalgie-therapeutics) Tafalgie Therapeutics is a clinical-stage biotechnology company based in Marseille, France, founded in November 2020. France $14M
- [**Genoskin**](https://millionrounds.com/company/genoskin) GENOSKIN is a biotechnology company and Contract Research Organization (CRO) focused on enhancing drug development, vaccine safety France $5.4M

### Series B

2 startups · $9.4M raised

- [**Meccellis Biotech**](https://millionrounds.com/company/meccellis-biotech) Meccellis Biotech is a French manufacturer and research laboratory based in La Rochelle, specializing in Tissue and Cell Engineering. France $8.3M
- [**ABC Transfer**](https://millionrounds.com/company/abc-transfer) ABC Transfer is a global French company established in 2019, specializing in the design, manufacture, and distribution of sterile France $1.1M

**How this map is made.** Every startup here works in Pharma 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 Biotech portfolio** 93 startups · $3.4B](https://millionrounds.com/portfolio-maps/bpifrance-biotech-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)

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