ARTICLE | Finance
European incubator Argobio targeting five new start-ups with €50M fund
Kurma Partners, Bpifrance launch French incubator to turn translational projects across Europe into biotech start-ups
March 3, 2021 2:28 AM UTC
European start-ups are getting another lift with the launch of Argobio, a French biotech incubator that aims to translate European science into at least one newco a year for the next five years.
Founded by Kurma Partners and Bpifrance, the €50 million ($60.3 million) fund also has backing from strategic investors Angelini Pharma S.p.A., Evotec SE (Xetra:EVT) and Institut Pasteur...