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Institutional LPPuts its own capital into companiesLAST VERIFIED Oct 2026 · 3 SOURCES

Institut Pasteur

Also known as Fondation Institut Pasteur, Pasteur Institute

Paris biomedical research foundation; invests its endowment in listed securities, property, private equity/infrastructure funds, health seed funds and stakes in Pasteur spin-offs.

HEADQUARTERS
Paris, France
FOUNDED
1887
AUM
—
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
2 people

Focus

STAGES
Seed
ASSET MIX
Direct investmentsVenture capitalPrivate equityReal estatePublic equities
GEOGRAPHY
France

Overview

The Institut Pasteur is a private foundation recognised as being of public utility since its creation in 1887, working on research, public health and teaching. Its endowment policy allows up to 25% of productive assets in unlisted non-property investments (private equity, infrastructure, private debt) and up to 10% in strategic partnerships: health seed funds and stakes in start-ups founded with Pasteur researchers. At 31 December 2025 it held ten start-ups on its balance sheet, including 20.40% of the venture builder Argobio, and in 2025 it moved its venture/biotech investments into a dedicated vehicle and committed €13.0M to two new funds.

PORTFOLIO (8)

  • Argobio (20.40%)
    Biotech & Life Sciences
  • Enodia Therapeutics (34.58%; co-investor in €20.7M round, Dec 2025)
    Biotech & Life Sciences · since 2025
  • Neurophoenix (15.00%)
    Biotech & Life Sciences
  • Biocellis (20.00%)
    Biotech & Life Sciences
  • V4C (22.00%)
  • Avatar Medical
    HealthTech
  • Oncovita
    Biotech & Life Sciences
  • genOway
    Biotech & Life Sciences

People

  • Yasmine Belkaid
    Directrice générale · source
  • Alban Hautier
    Directeur général adjoint · source

Links

Frequently asked questions

Institut Pasteur is a institutional investor based in Paris, France, founded in 1887.

Yes. Institut Pasteur invests its own capital in private companies. It also commits capital to third-party funds as an LP.

Institut Pasteur invests at Seed stage in Biotech & Life Sciences and HealthTech.

Key people at Institut Pasteur include Yasmine Belkaid (Directrice générale) and Alban Hautier (Directeur général adjoint).

Institut Pasteur's investments include Argobio (20.40%), Enodia Therapeutics (34.58%; co-investor in €20.7M round, Dec 2025), Neurophoenix (15.00%), Biocellis (20.00%), V4C (22.00%), Avatar Medical, Oncovita and genOway.

No. Institut Pasteur invests its own capital and does not raise money from outside investors.