European VC firm Kurma sets its sights on €150 million fund, its biggest ever
Parisian venture capital firm Kurma Partners is raising the bar. It has set its sights on its biggest-ever fund — the Kurma Biofund III — with a target of €150 million (about $170 million), backed by marquee investors including Servier, Bpifrance and Idinvest, it said last week.
The new fund target is a significant step up from its preceding funds (Kurma Biofund I, II), which targeted between €50 million and €55 million.
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