Kurma Partners raised €140m for Biofund IV, targeting €250m by 2025. Focused on innovative therapeutics, it aims for 16-20 investments, including SciRhom, Memo Therapeutics, and Avidicure. Kurma's model, proven by Amolyt Pharma, Emergence Therapeutics, and Corlieve Therapeutics acquisitions, attracted investors like Eurazeo, Bpifrance, and CSL.