Spreading good Kurma

Declaring its last fund’s preseed partnership approach a success, Kurma Partners S.A. is expanding its model to build more new companies across Europe through its new Biofund III.

For its 2016 Biofund II, the VC sought to connect French academic groups with an industry collaborator, such as a large biotech, prior to building new companies, Kurma’s Thierry Laugel told BioCentury. The partner would then shepherd the founding team through the discovery stage (see “Kurma Chameleon”)...