Kurma Partners

Kurma Partners is a Paris-based management company founded in 2009 that focuses on financing innovation in healthcare and biotechnology. It specializes in supporting therapeutic and medical advancements from pre-creation stages to development capital. The firm is recognized as a significant player in the European market, actively investing in sectors such as life sciences, health technology, pharmaceuticals, and digital health. Kurma Partners collaborates with various prestigious research institutions and hospitals to foster innovation and growth in these fields.

Benjamin Belot

Partner

Hadrien Bouchez

Associate

Sylvain Cascarino

CFO

Rémi Droller

Managing Partner

Alain Horvais

Partner

Thierry Laugel

Managing Partner

Vanessa Malier

Managing Partner

Daniel Parera

Partner, Growth Opportunities

Philippe Peltier

Partner

Ségolène Perin

Analyst

Arnaud Pradier

Partner, AgrifoodTech

Jean-Francois Rivassou

Partner

Katrien Swerts

Partner, AgrifoodTech

Past deals in Southern Europe

Stilla Technologies

Series C in 2024
Stilla Technologies is a biotechnology company based in Villejuif, France, with an additional location in Beverly, Massachusetts. Founded in 2013, the company specializes in accelerating the development of next-generation genetic tests through its innovative digital PCR (dPCR) solution, the Naica System. This platform leverages advanced microfluidic technology to provide a flexible and accessible tool for high-resolution genetic analysis. By enabling compatibility with multiple chemistries and offering multiplex capabilities, Stilla Technologies aims to simplify the processes of image analysis and data exploration for researchers in various fields, including life sciences and therapeutics. The company's mission is to make digital PCR a standard tool across all areas of genetic research and application.

Ganymed Robotics

Series B in 2022
Ganymed Robotics SAS is a medical device company based in Paris, France, established in 2018. The company specializes in developing advanced robotics technologies and software aimed at enhancing surgical precision in orthopedic procedures, particularly focusing on knee replacement surgeries. Its innovative therapeutic device is designed to improve patient outcomes and streamline the surgical process, enabling orthopedic surgeons to reduce operating times and enhance their overall experience. By integrating robotics into surgical practices, Ganymed Robotics aims to advance the efficiency of care delivery in the orthopedic field.

Ermium Therapeutics

Series A in 2022
Ermium Therapeutics is a biotechnology company based in Paris, France, focused on developing innovative therapies for autoimmune and inflammatory diseases. Founded in June 2019, the company is centered around a breakthrough discovery that identifies CXCR4 as a master regulator of inflammation. This research underpins the development of therapies that aim to control interferons through plasmacytoid dendritic cells. Ermium Therapeutics has secured a worldwide exclusive license for its intellectual property from CNRS and the University of Paris Descartes, facilitated by an agreement with Erganeo, which has supported the project's academic maturation. The company has gained recognition for its work, notably receiving the innovation i-Lab 2019 award from the French Ministry of Research and Higher Education.

Stilla Technologies

Debt Financing in 2021
Stilla Technologies is a biotechnology company based in Villejuif, France, with an additional location in Beverly, Massachusetts. Founded in 2013, the company specializes in accelerating the development of next-generation genetic tests through its innovative digital PCR (dPCR) solution, the Naica System. This platform leverages advanced microfluidic technology to provide a flexible and accessible tool for high-resolution genetic analysis. By enabling compatibility with multiple chemistries and offering multiplex capabilities, Stilla Technologies aims to simplify the processes of image analysis and data exploration for researchers in various fields, including life sciences and therapeutics. The company's mission is to make digital PCR a standard tool across all areas of genetic research and application.

Step Pharma

Series B in 2021
Step Pharma, established in 2014 and based in Paris, France, focuses on developing innovative small molecule therapeutics for immunosuppressive therapies aimed at treating autoimmune diseases. As a spin-off from the Imagine Institute, the company leverages research on genetic immunodeficiencies conducted by Pr. Alain Fischer. Step Pharma operates as a joint venture with contributions from Imagine, Sygnature Discovery, and Kurma Partners, combining expertise in drug discovery and funding within the healthcare and biotechnology sectors. The company's proprietary therapeutics utilize a novel class of oral nucleotide synthesis inhibitors that specifically target cytidine triphosphate synthase 1 (CTPS1). This targeted approach enables selective modulation of immune cell populations, such as T and B cells, leading to enhanced treatment efficacy and improved therapeutic outcomes for patients with autoimmune conditions.

Medlumics

Venture Round in 2021
Medlumics S.L., founded in 2009 and based in Tres Cantos, Spain, specializes in designing and manufacturing catheter-based systems for the treatment of supraventricular tachycardias. The company focuses on developing integrated photonic devices that utilize optical coherence tomography technology, a light-based diagnostic method providing detailed information about tissue structures. Medlumics' radiofrequency cardiac ablation system enhances the treatment process by delivering real-time visual confirmation of catheter contact and stability during tissue ablation. This innovation aims to reduce recurrence rates and technical complexity in procedures, ultimately increasing safety for patients undergoing cardiac interventions.

Corlieve Therapeutics

Seed Round in 2020
Corlieve Therapeutics SAS is a biotechnology company based in Paris, France, dedicated to developing innovative therapeutic options for patients suffering from severe neurological disorders. The company's primary focus is on addressing temporal lobe epilepsy (TLE) through a gene therapy approach that targets aberrantly expressed kainate receptors in the hippocampus. This lead project is grounded in research from notable institutions, including INSERM, CNRS, Aix Marseille University, and the University of Bordeaux. Established in 2019, Corlieve Therapeutics aims to improve the quality of life for patients with refractory TLE by offering new therapeutic solutions.

Stilla Technologies

Series B in 2020
Stilla Technologies is a biotechnology company based in Villejuif, France, with an additional location in Beverly, Massachusetts. Founded in 2013, the company specializes in accelerating the development of next-generation genetic tests through its innovative digital PCR (dPCR) solution, the Naica System. This platform leverages advanced microfluidic technology to provide a flexible and accessible tool for high-resolution genetic analysis. By enabling compatibility with multiple chemistries and offering multiplex capabilities, Stilla Technologies aims to simplify the processes of image analysis and data exploration for researchers in various fields, including life sciences and therapeutics. The company's mission is to make digital PCR a standard tool across all areas of genetic research and application.

Ermium Therapeutics

Series A in 2019
Ermium Therapeutics is a biotechnology company based in Paris, France, focused on developing innovative therapies for autoimmune and inflammatory diseases. Founded in June 2019, the company is centered around a breakthrough discovery that identifies CXCR4 as a master regulator of inflammation. This research underpins the development of therapies that aim to control interferons through plasmacytoid dendritic cells. Ermium Therapeutics has secured a worldwide exclusive license for its intellectual property from CNRS and the University of Paris Descartes, facilitated by an agreement with Erganeo, which has supported the project's academic maturation. The company has gained recognition for its work, notably receiving the innovation i-Lab 2019 award from the French Ministry of Research and Higher Education.

Step Pharma

Series A in 2017
Step Pharma, established in 2014 and based in Paris, France, focuses on developing innovative small molecule therapeutics for immunosuppressive therapies aimed at treating autoimmune diseases. As a spin-off from the Imagine Institute, the company leverages research on genetic immunodeficiencies conducted by Pr. Alain Fischer. Step Pharma operates as a joint venture with contributions from Imagine, Sygnature Discovery, and Kurma Partners, combining expertise in drug discovery and funding within the healthcare and biotechnology sectors. The company's proprietary therapeutics utilize a novel class of oral nucleotide synthesis inhibitors that specifically target cytidine triphosphate synthase 1 (CTPS1). This targeted approach enables selective modulation of immune cell populations, such as T and B cells, leading to enhanced treatment efficacy and improved therapeutic outcomes for patients with autoimmune conditions.

Safe Orthopaedics

Post in 2017
Safe Orthopaedics is a medical technology company based in Éragny-sur-Oise, France, specializing in the development and marketing of sterile implants and single-use instruments for spinal fracture treatment. Established in 2010, the company offers a range of products including the SteriSpine PS kit for spinal fractures and degenerative pathologies, the SteriSpine VA platform for Kyphoplasty and Cement systems, and instrumentation for lumbar and cervical cages, including Cedar, Elm, and Walnut models. Safe Orthopaedics aims to enhance surgical outcomes through its innovative solutions in spinal surgery, catering to both domestic and international markets.

Vivet Therapeutics

Series A in 2017
Vivet Therapeutics SAS is a biotechnology company focused on researching, developing, and commercializing gene therapy treatments for inherited liver disorders and orphan diseases. Founded in 2016 and based in Paris, France, the company employs a liver-targeting adeno-associated virus (AAV) vector to deliver therapeutic genes directly into hepatocytes, addressing genetic disorders at their source. Vivet is particularly known for its work on diseases such as Wilson disease, Progressive Familial Intrahepatic Cholestasis, and Citrullinemia Type I. In collaboration with the Fundacion para la Investigacion Medica Aplicada and the Centro de Investigación Medica Aplicada at the University of Navarra, Vivet aims to enhance gene delivery technologies and ensure long-term expression of therapeutic genes, thereby advancing the field of gene therapy for liver-related conditions.

DAMAE Medical

Seed Round in 2017
Damae Medical is a medtech company based in Paris, France, specializing in innovative imaging technology for the medical field. The company has developed a device that allows for in-vivo imaging of biological tissues at a cellular level. This technology enables dermatologists to assess the malignancy of tumors quickly and efficiently through simple contact with the skin's surface, eliminating the need for tissue excision and processing. By providing cellular-resolution imaging similar to traditional histology, Damae Medical aims to enhance skin cancer diagnosis and facilitate immediate, non-invasive assessments for healthcare professionals. The company's mission focuses on leveraging bio-photonics to create new opportunities in medical imaging and diagnostics.

Advanced Perfusion Diagnostics

Series A in 2016
Advanced Perfusion Diagnostics is a medical technology company based in Lyon, France, specializing in the development and manufacturing of innovative patient monitoring systems. The company is dedicated to providing clinicians with critical indicators of tissue perfusion, which are essential for assessing patient health. One of its key products, the IKORUS® monitoring system, addresses a significant gap in the market by enabling early detection of microcirculatory alterations. This advancement allows physicians to explore new investigative fields and improve existing therapeutic practices. The monitoring system is specifically designed to assess intestinal tissue perfusion, guiding novel circulatory therapies and enhancing resuscitation strategies, ultimately aiming to reduce patient complications and treatment costs.

Advanced Perfusion Diagnostics

Seed Round in 2015
Advanced Perfusion Diagnostics is a medical technology company based in Lyon, France, specializing in the development and manufacturing of innovative patient monitoring systems. The company is dedicated to providing clinicians with critical indicators of tissue perfusion, which are essential for assessing patient health. One of its key products, the IKORUS® monitoring system, addresses a significant gap in the market by enabling early detection of microcirculatory alterations. This advancement allows physicians to explore new investigative fields and improve existing therapeutic practices. The monitoring system is specifically designed to assess intestinal tissue perfusion, guiding novel circulatory therapies and enhancing resuscitation strategies, ultimately aiming to reduce patient complications and treatment costs.

Step Pharma

Seed Round in 2014
Step Pharma, established in 2014 and based in Paris, France, focuses on developing innovative small molecule therapeutics for immunosuppressive therapies aimed at treating autoimmune diseases. As a spin-off from the Imagine Institute, the company leverages research on genetic immunodeficiencies conducted by Pr. Alain Fischer. Step Pharma operates as a joint venture with contributions from Imagine, Sygnature Discovery, and Kurma Partners, combining expertise in drug discovery and funding within the healthcare and biotechnology sectors. The company's proprietary therapeutics utilize a novel class of oral nucleotide synthesis inhibitors that specifically target cytidine triphosphate synthase 1 (CTPS1). This targeted approach enables selective modulation of immune cell populations, such as T and B cells, leading to enhanced treatment efficacy and improved therapeutic outcomes for patients with autoimmune conditions.

Safe Orthopaedics

Series A in 2010
Safe Orthopaedics is a medical technology company based in Éragny-sur-Oise, France, specializing in the development and marketing of sterile implants and single-use instruments for spinal fracture treatment. Established in 2010, the company offers a range of products including the SteriSpine PS kit for spinal fractures and degenerative pathologies, the SteriSpine VA platform for Kyphoplasty and Cement systems, and instrumentation for lumbar and cervical cages, including Cedar, Elm, and Walnut models. Safe Orthopaedics aims to enhance surgical outcomes through its innovative solutions in spinal surgery, catering to both domestic and international markets.
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