About NIH SBIR/STTR
NIH SBIR/STTR, an accelerator and incubator program founded in 1887, is based in Bethesda, United States. With a presence in 3 countries, it has supported around 81 startups in sectors like Life Sciences, High Tech. As of Apr 2026, NIH SBIR/STTR has 1 unicorn under its belt and has witnessed 22 portfolio exits. Most notable companies in
its portfolio include Loft Orbital, Cytel and Elsevier. The program is backed by a team of 2 people who primarily support Grant (prize money) startups based in United States. Its latest investment was a $263K Grant (prize money) round in Zyl Therapeutics on Sep 16, 2022.
Key Metrics
Founded Year
1887
Location
Bethesda, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money), Series A & 1 more
Locations of Investment
Unicorn in Portfolio
NIH SBIR/STTR's List of Top Investments
NIH SBIR/STTR has a portfolio of 81 companies, one of which is a Unicorn. Their most notable investments include Loft Orbital and Cytel.Their portfolio spans across United States, United Kingdom and Netherlands. They have invested in Life Sciences, High Tech, Enterprise Applications and 9 other sectors, across stages such as Grant (prize money), Series A and 1 more. Here is the list of top investments by NIH SBIR/STTR:
1. Loft Orbital
Provider of space mission launch services. It offers microsatellite launching services. It includes platform manufacturing and integration, standard interfaces installation, launch booking and integration, regulatory compliance and licensing, and insurance. It also provides commissioning and routine operations through its global ground station partners. Its satellite operation dashboard enables payload tasking and access to data in near-real-time.
Key facts about Loft Orbital
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $330M
- Employee Count: 189 as on Dec 31, 2024
- Investors: BlackRock, Temasek and 36 Others
- Latest Funding Round: Series C, Jan 15, 2025, $*****
- Highlight: Editors' Pick
2. Cytel
Provider of data analysis and statistical solutions for the life sciences industry. It offers solutions for clinical trial design, analysis, and real world evidence, as well as data analytics and insights for the life sciences industry. It provides a range of software and services to support the drug development process. It includes solutions for clinical trial design, data analysis, and regulatory submissions.
Key facts about Cytel
- Founded Year: 1987
- Location: Cambridge (United States)
- Stage: Acquired
- Total Funding till date: $2M
- Employee Count: 509 as on Sep 30, 2024
- Investors: Autonomy Ventures, Merck and 3 Others
- Latest Funding Round: Series A, Nov 01, 2017, $*****
- Highlight: Acquired
3. Elsevier
Elsevier is a provider of information solutions to improve the performance of science, health, and technology professionals. The offered solutions include Scopus is the abstract and citation database of peer-reviewed literature: scientific journals, books and conference proceedings; ScienceDirect for researchers, teachers, students, healthcare, and information professionals to improve the way they search, discover, read, understand and share scholarly research; Mendeley is a free reference manager and academic social network that assist in research and collaboration with others; Evolve is a learning portal for healthcare educators and students to access online educational materials; Knovel helps engineers to solve complex problems by providing best practice insights, validated equations and materials and substances data.
Key facts about Elsevier
- Founded Year: 1880
- Location: Amsterdam (Netherlands)
- Stage: Early Stage
- Total Funding till date: $75K
- Employee Count: 8,100 as on Dec 31, 2019
- Investors: Silicon Alley Venture Partners, Housatonic and 5 Others
- Latest Funding Round: Grant (prize money), Dec 21, 2021, $*****
4. Sirnaomics
Developer of RNA-based therapeutics for the treatment of cancer and fibrosis disease. The company has proprietary delivery technologies, a polypeptide nanoparticle RNAi platform and GalNAc RNAi platform, GalAhead, to develop drug candidate pipeline which include STP122G for cardiovascular disease treatment. It also, develops pipeline of drugs for cancers, skin conditions, fibrosis-related diseases, antiviral and cardiometabolic diseases, and medical aesthetics.
Key facts about Sirnaomics
- Founded Year: 2007
- Location: Gaithersburg (United States)
- Stage: Public
- Total Funding till date: $267M
- Employee Count: 60 as on Jul 01, 2024
- Investors: Rotating Boulder Fund, RiverHead Capital and 16 Others
- Latest Funding Round: Post IPO, Sep 07, 2025, $*****
- Highlight: Public
5. IotaMotion
Provider of a robotic system for cochlear implantation surgery. It offers implantable robotics and, electrode re-positioning, aiming to allow for enhanced natural hearing preservation and optimized hearing quality over time. It also provides an open platform and robotic-assisted system to control the speed and acceleration of electrode insertion during surgery.
Key facts about IotaMotion
- Founded Year: 2015
- Location: Coralville (United States)
- Stage: Series B
- Total Funding till date: $25M
- Employee Count: 8 as on Jul 01, 2024
- Investors: NIH, Next Level Ventures and 7 Others
- Latest Funding Round: Series B, Jan 29, 2025, $*****
- Highlight: Editors' Pick
NIH SBIR/STTR's Year-on-Year Investment Trends
NIH SBIR/STTR has invested in 81 companies over the last 32 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in Zyl Therapeutics and most recent follow-on round was in Encodia.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 3 | 0 | 3 |
2021 | 4 | 0 | 4 |
2020 | 0 | 0 | 0 |
2019 | 5 | 0 | 5 |
2018 | 3 | 1 | 4 |
2017 | 3 | 0 | 3 |
NIH SBIR/STTR's Investments by Stage
NIH SBIR/STTR has made 71 investments in Grant (prize money) stage with an average round size of $1.17M, 2 investments in Series A stage with an average round size of $2.5M and 1 investment in Angel stage with an average round size of $300K.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 71 |
Series A | 2 |
Angel | 1 |
Note: We have considered here, only first round of investments
NIH SBIR/STTR's Investments by Sector
NIH SBIR/STTR has a diverse portfolio, with companies operating in the Life Sciences, High Tech, Enterprise Applications, HealthTech and Healthcare. Notably, it has invested in 70 Tech companies, 67 Enterprise (B2B) companies, 27 Software companies and at least 17 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Life Sciences | 60 |
High Tech | 21 |
Enterprise Applications | 14 |
HealthTech | 9 |
Healthcare | 7 |
Others | 16 |
Note: We have considered here, only first round of investments
NIH SBIR/STTR's Investments by Geography
NIH SBIR/STTR has made most investments in United States (71), followed by United Kingdom where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 71 |
United Kingdom | 2 |
Netherlands | 1 |
Note: We have considered here, only first round of investments
NIH SBIR/STTR's recent investments
NIH SBIR/STTR has not made any investment in 2026 so far.Here are the most recent investments by NIH SBIR/STTR:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 16, 2022 | United States | Grant (prize money) | 2928 | - | |
Mar 10, 2022 | United States | Grant (prize money) | 3866 | - | |
Mar 10, 2022 | United States | Grant (prize money) | 5980 | - | |
Aug 26, 2021 | United States | Grant (prize money) | 7747 | - | |
May 28, 2021 | United States | Grant (prize money) | 6796 | - |
Unicorns in NIH SBIR/STTR's Portfolio
NIH SBIR/STTR has 1 unicorn in its portfolio - Loft Orbital. The most recent unicorn in their portfolio is Loft Orbital which became a unicorn in 2025, 3 years after NIH SBIR/STTR first invested in it.Here is a list of unicorns in NIH SBIR/STTR's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Provider of space mission launch services | 2016 | San Francisco | Series C | lvkmwul |
IPOs and Publicly Listed companies in NIH SBIR/STTR's Portfolio
3 of NIH SBIR/STTR's portfolio companies have become public. Sirnaomics got listed on the Hong Kong Exchanges (HKG), in Dec 2021 at marketcap of $821M and NexImmune got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $127M.Here are NIH SBIR/STTR's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 30, 2021 | Jul 23, 2009 | Grant (prize money) | 9248 | |
Feb 12, 2021 | Jul 2013 | Grant (prize money) | 9700 | |
Oct 11, 2015 | Jul 15, 2002 | Grant (prize money) | 3449 |
Acquired companies in NIH SBIR/STTR's Portfolio
19 companies from NIH SBIR/STTR's portfolio have been acquired. The most recent acquisition was ISTO Biologics in Sep 2025 by Keensight Capital for $*****.Here are NIH SBIR/STTR's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 17, 2025 | Jul 29, 2015 | Grant (prize money) | 8964 | |
Jul 09, 2024 | Mar 10, 2022 | Grant (prize money) | 1401 | |
Jan 24, 2023 | Jun 07, 2016 | Grant (prize money) | 6131 | |
Jan 04, 2023 | - | - | 6161 | |
Sep 08, 2022 | Oct 23, 2006 | Grant (prize money) | 4020 |
Team profile of NIH SBIR/STTR
NIH SBIR/STTR has a team of 2 members located in United States. NIH SBIR/STTR's team does not sit on the board of any company as of now.Co-investors of NIH SBIR/STTR
Over the past 32 years, 197 investors have co-invested in NIH SBIR/STTR's portfolio companies. This includes funds and angels.
- Invested before NIH SBIR/STTR: HHS, National Science Foundation and 76 others have invested in rounds before NIH SBIR/STTR. There are 37 companies where HHS has invested before NIH SBIR/STTR and 4 companies where National Science Foundation has invested before NIH SBIR/STTR.
- Top Co-investors of NIH SBIR/STTR: 14 investors entered a company along with NIH SBIR/STTR. These include investors like National Science Foundation (2 companies).
- Invested after NIH SBIR/STTR: A total of 105 investors have invested in NIH SBIR/STTR's portfolio after their investments. Top Investors include HHS (14 companies) and NIH (10 companies).
Recent News related to NIH SBIR/STTR
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Inomagen Therapeutics Awarded $1.6 million NIH SBIR Phase 2 GrantMedical Device News•Mar 10, 2022•Inomagen, NIH SBIR/STTR
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Small Biz Grants Fund Simpler Aneurysm TestsTechnology News and Literature•Nov 05, 2019•Neurovascular Diagnostics, America’s Seed Fund, NINDS, NIH SBIR/STTR
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RE2 Robotics to design underwater manipulator arms for US Navy - Naval TechnologyNaval Technology•Oct 29, 2015•RE2 Robotics, NIH SBIR/STTR
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InvivoSciences Earns $700K Grant | Startup and Tech News – Madison StartupsMadison Startups•Oct 21, 2015•InvivoSciences, NIH SBIR/STTR
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Biotech startup OptiKira receives federal grants for work on cell death prevention | Crain's Cleveland BusinessCrain's Cleveland Business•Sep 29, 2015•OptiKira, NIH SBIR/STTR
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$2M grant to fund initial clinical trials in prostate cancer | WSU Insider | Washington State UniversityWashington State University•May 05, 2015•Cancer Targeted Technology, NIH SBIR/STTR