Biotech funding in Europe
Biotech, in numbers
Rounds by stage
Rounds by stage. Donut chart, 6 slices. Series A 14 (37%), Seed 11 (29%), Pre-seed 8 (21%), Series B 2 (5%), Series C 1 (3%), Other (2) 2 (5%).
- Series A1437%
- Seed1129%
- Pre-seed821%
- Series B25%
- Series C13%
- Other (2)25%
Source: Sesamers round tracker
Capital by year
Capital by year. Bar chart, 4 bars. Highest: 2026, €356.5M. Lowest: 2024, €15M. Values: 2023 €15.5M, 2024 €15M, 2025 €215.3M, 2026 €356.5M.
Source: Sesamers round tracker
Share of rounds
Share of rounds by stage. Bar chart, 7 rows. Series A 37%, Seed 29%, Pre-seed 21%, Series B 5%, Series C 3%, Series D+ 3%, Grant 2%.
Source: Sesamers round tracker
n = 47 rounds
Largest rounds tracked
| Company | Round | Sector | Lead | Amount |
|---|---|---|---|---|
| Basecamp Research United Kingdom | Series C | AI | S32 | €120M |
| Artios United Kingdom | Series D+ | Biotech | SV Health Investors, RA Capital Management | €105.8M |
| IMU Biosciences United Kingdom | Series A | Biotech | IQ Capital, Molten Ventures | €45.6M |
| Bioptimus France | Series A | AI | Cathay Innovation | €39.8M |
| Aerska Ireland | Series A | Biotech | EQT Dementia Fund, age1 | €32M |
| Standing Ovation France | Series B | Alternative Protein | Ecotechnologies 2 (Bpifrance), Crédit Mutuel Innovation | €30M |
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