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DBV Technologies

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Epicutaneous immunotherapy patch for treating food allergies.

Châtillon, FranceFounded 2002Biotech & Life Sciences
Valuation $594M Market cap · 2026
Revenue $2.8M Latest reported FY
Total funding $100–500M Disclosed equity funding

About DBV Technologies

DBV Technologies S.A. is a clinical-stage biopharmaceutical company focused on developing treatments for food allergies through its proprietary epicutaneous immunotherapy (EPIT) platform. Founded in 2002 by pediatric gastroenterologist Dr. Pierre-Henri Benhamou, engineer Bertrand Dupont, and head of neonatology Professor Christophe Dupont, the company was born from a clinical need for a safer, more effective way to treat allergies. The founders combined their medical and engineering expertise to pioneer a non-invasive method for desensitizing patients to allergens.

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The company's core technology is the Viaskin patch, a non-invasive daily patch designed to deliver small amounts of allergens, or antigens, to the immune system through intact skin. This method targets specific immune cells in the skin without the allergen entering the bloodstream, which minimizes the risk of severe systemic reactions. The primary business model centers on the research, development, and eventual commercialization of Viaskin-based products. As a clinical-stage company, its revenue is currently derived from partnerships and milestone payments, with future revenue expected from product sales upon regulatory approval. The company is publicly traded on the Euronext Paris and NASDAQ exchanges.

DBV's lead product candidate is Viaskin Peanut, aimed at treating peanut allergies in children. After facing a setback in 2020 with a Complete Response Letter from the U.S. Food and Drug Administration (FDA) due to concerns about patch adhesion, the company redesigned the product. Subsequent Phase 3 clinical trials, such as VITESSE and EPITOPE, have demonstrated statistically significant therapeutic effects in children aged 4-7 and toddlers aged 1-3. Based on these positive results, DBV Technologies plans to submit a Biologics License Application (BLA) to the FDA in 2026. The pipeline also includes Viaskin Milk for cow's milk protein allergy and early-stage research into treatments for other conditions like celiac disease.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2002
Headquarters
Châtillon, France
Listing
IPO 2012
Employees
237
Open positions
8
Dealroom signal
90.7/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Drug Development, Patient Care, Allergy, Immune System, Spinout, Biotech and Pharma, biotech medtech and e-health, Observatoire Deeptech
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Jan 2026 $194M — Undisclosed ↗
POST IPO EQUITYOther financing Oct 2025 $30M — Undisclosed ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026 $4.1M — −$127M -3097.2%
2025 $0 — −$139M —
2024 $0 — −$109M —
2023 $0 -100% −$67M —
2022 $4.8M -15.9% −$97M -2012.5%
2021 $5.7M — −$100M -1759.9%
2020 $0 — −$137M —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

DBV Technologies website traffic

Latest recorded traffic for DBV Technologies is 9.6K monthly website visits, up 10.3% over the last three months. DBV Technologies's team grew 18.5% over the past year.

Latest monthly visits9.6K 3-month web change+10.3% 1-year team growth+18.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Series B and later14 investors entered at this stage

Team profiled 24 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇫🇷 France58.6%
🇺🇸 United States39.3%
🇮🇪 Ireland0.7%
🇬🇧 United Kingdom0.7%
🇨🇭 Switzerland0.7%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about DBV Technologies on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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