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Droia Ventures

Europe, Luxembourg, Luxembourg, Luxembourg

Description

Droia Ventures is a specialized venture capital firm based in Luxembourg, exclusively dedicated to investing in the development of oncology and genetic disease therapies. The firm's highly focused investment strategy targets innovative biotech companies from seed to clinical stages, emphasizing novel modalities and therapeutic approaches that address significant unmet medical needs. Droia aims to support companies through their critical early development phases, providing not only capital but also strategic guidance and operational expertise to accelerate the translation of scientific breakthroughs into viable treatments.

The firm has demonstrated a strong commitment to its niche, having successfully raised three dedicated funds with total commitments exceeding €500 million. Their most recent fund, Droia Oncology Ventures II, closed at €200 million (approximately $220 million) in 2019, underscoring investor confidence in their specialized approach and track record. Droia typically acts as a lead or co-lead investor in financing rounds, often participating in Series A or B stages. This hands-on approach allows them to play a significant role in shaping the strategic direction and operational execution of their portfolio companies.

Droia Ventures' investment philosophy centers on identifying promising scientific platforms and therapeutic candidates with the potential for transformative impact. They seek out companies with strong scientific foundations, experienced management teams, and clear development pathways. While specific initial check sizes can vary depending on the stage and capital needs of the company, their investments are generally substantial enough to help companies reach meaningful development milestones. The firm's deep sector expertise in oncology and genetic diseases positions it as a strategic partner for entrepreneurs navigating the complex landscape of drug development.

Investor Profile

Droia Ventures has backed more than 34 startups, with 4 new investments in the last 12 months alone. The firm has led 11 rounds, about 32% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States, The Netherlands, Belgium.
  • Strong thematic focus on Biotechnology, Medical, Pharmaceutical.
  • Led 2 rounds in the past year.
  • Typical check size: $5M – $15M.

Stage Focus

  • Series A (38%)
  • Series B (26%)
  • Series C (18%)
  • Seed (12%)
  • Series Unknown (6%)

Country Focus

  • United States (71%)
  • The Netherlands (15%)
  • Belgium (9%)
  • Singapore (3%)
  • Denmark (3%)

Industry Focus

  • Biotechnology
  • Medical
  • Pharmaceutical
  • Therapeutics
  • Health Care
  • Biopharma
  • Life Science
  • Precision Medicine
  • Genetics
  • Oncology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Droia Ventures frequently co-invest with?

EcoR1 Capital
North America, California, United States, San Francisco
Co-Investments: 4
The Mark Foundation for Cancer Research
North America, New York, United States, New York
Co-Investments: 4
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 6
Celgene
North America, New Jersey, United States, Summit
Co-Investments: 4
RA Capital Management
North America, Massachusetts, United States, Boston
Co-Investments: 6
Novo Holdings
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 5
Pureos Bioventures
Europe, Zurich, Switzerland, Küsnacht
Co-Investments: 4
Polaris Partners
North America, Massachusetts, United States, Boston
Co-Investments: 11
The Column Group
North America, California, United States, San Francisco
Co-Investments: 4
AbbVie Biotech Ventures
North America, Illinois, United States, North Chicago
Co-Investments: 4

What are some of recent deals done by Droia Ventures?

Actio Biosciences

San Diego, California, United States

Actio Biosciences is a research center that develops drugs for rare diseases.

BioinformaticsBiotechnologyGenetics
Series BJun 18, 2025
Amount Raised: $66,000,000
Hillstar Bio

Boston, Massachusetts, United States

Hillstar Bio is developing precision immunotherapies to treat autoimmune diseases.

BiotechnologyHealth CareMedical
Series AMar 25, 2025
Amount Raised: $67,000,000
Alesta Therapeutics

Leiden, Zuid-Holland, The Netherlands

Alesta Therapeutics focused on translating novel targets in the chronic stress response pathways into new therapeutic.

Biotechnology
Series AJan 8, 2025
Amount Raised: $67,301,858
Judo Bio

Cambridge, Massachusetts, United States

Judo Bio is a biotechnology company that develops precision therapeutics targeting specific cell populations to address genetic diseases.

BiotechnologyLife ScienceMedicalTherapeutics
Series AOct 7, 2024
Amount Raised: $75,000,000
Vico Therapeutics

Leiden, Zuid-Holland, The Netherlands

Vico Therapeutics is a developer of ribonucleic acid (RNA) modulating therapies.

Health CareMedicalPharmaceutical
Series BJun 24, 2024
Amount Raised: $12,298,137
Frontier Medicines

San Francisco, California, United States

Frontier Medicines is a biopharmaceutical company that develops a chemoproteomics platform to accelerate the development of medicines.

BiopharmaBiotechnologyLife SciencePharmaceuticalPrecision Medicine
Series CFeb 22, 2024
Amount Raised: $80,000,000
Accent Therapeutics

Lexington, Massachusetts, United States

Accent Therapeutics is a biopharmaceutical company.

BiotechnologyMedicalPharmaceuticalTherapeutics
Series CJan 23, 2024
Amount Raised: $75,000,000
Vico Therapeutics

Leiden, Zuid-Holland, The Netherlands

Vico Therapeutics is a developer of ribonucleic acid (RNA) modulating therapies.

Health CareMedicalPharmaceutical
Series BJan 5, 2024
Amount Raised: $72,081,941
Hyku

Lexington, Massachusetts, United States

Hyku is a biotech company that develops precise covalent targeting of disease-causing proteins.

BiopharmaBiotechnologyLife Science
SeedSep 19, 2023
Amount Raised: $56,000,000
Actio Biosciences

San Diego, California, United States

Actio Biosciences is a research center that develops drugs for rare diseases.

BioinformaticsBiotechnologyGenetics
Series ASep 12, 2023
Amount Raised: $55,000,000