ARTICLE | Finance
Kurma’s Munich move
How French VC Kurma plans to turn German research into biotechs
January 25, 2019 11:41 PM UTC
Kurma Partners has opened a Munich office to spin out German academic science into biotechs in a bid to apply its company creation model to bridge the country’s venture capital gap for translating compelling research.
The new office reflects Kurma's shift to a pan-European incubation strategy with its Biofund III, for which the Paris-based firm raised an undisclosed amount in a first close announced in December. For its prior fund, the VC sought to connect French academic groups with an industry collaborator prior to building new companies (see “Spreading Good Kurma”)...
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