Private Equity

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Ysios Capital Partners

Ysios Capital is a major European venture capital firm and leading life sciences investor financing highly innovative biotech companies worldwide.

Ysios Capital Partners logo

Ysios Capital Partners

Ysios Capital is a major European venture capital firm and leading life sciences investor financing highly innovative biotech companies worldwide. The firm provides biotech ventures with resources to develop novel therapies for indications with high unmet medical needs, focusing exclusively on innovative therapeutic drugs. It fosters positive impact on patients and society by funding transformative treatments.

General information

Firm type

Private Equity

Year founded

2008

AUM

>€400M (per the firm, 2026)

Location

Region

Europe

Country

Spain

City

Donostia-San Sebastian

Corporate office

Donostia-San Sebastian, Spain

Additional offices

Barcelona, Spain

Principals

Joël Jean-Mairet

Partner

Julia Salaverría

Partner

Karen Wagner

Partner

Joan Perelló

Partner

Cristina Garmendia

Partner

Jordi Xiol

Partner

Guillem Laporta

Partner

Thomas Harth

Partner

Arturo Urrios

Partner

Iñigo López-Huerta

Partner

Sector focus

BiotechnologyDigital HealthTherapeuticsMedical DevicesDiagnostics

Frequently asked questions

Does Ysios participate in fund commitments or only direct deals?

Ysios invests directly into private biotech companies and does not operate as a fund-of-funds allocator. Its disclosures show equity positions in portfolio companies at the board level, with a consistent pattern of direct lead or co-lead investments. The firm has not disclosed any LP commitments to other venture funds; its model is direct therapeutic company-building.

What investment stages does Ysios typically target?

Ysios invests from seed through pre-IPO, with a concentration on early-stage and expansion-stage private biotech companies (per Altss research record, 2026). The firm's strategy includes spin-off vehicles and company creation via the InceptionBio fund, covering the earliest phases of therapeutic development. It maintains positions through later rounds, as evidenced by retained stakes in portfolio companies that subsequently listed on NASDAQ, including Aura Biosciences and Mineralys Therapeutics.

Which therapeutic areas does Ysios explicitly focus on?

The firm focuses exclusively on novel therapeutics for indications with high unmet medical need, spanning oncology (Adcendo, LAVA Therapeutics), CNS disorders (Synendos, Minoryx), cardiovascular conditions (CorWave, Mineralys Therapeutics), ophthalmology (SparingVision), metabolic disease (NorthSea Therapeutics) and reproductive medicine (ReproNovo). This therapeutic breadth within a single asset-class constraint — only drug and biologic developers — means Ysios operates as a sector-specialist rather than a platform generalist.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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