About Mid Atlantic Bio Angels
Mid Atlantic Bio Angels, established in 2012, is an angel investment group based in New York City, United States. It primarily focuses on Series A investments in companies in United States. Its portfolio includes 12 firms, spanning the Life Sciences, High Tech sectors. Its most notable investments include companies like Immunomic Therapeutics, Virion Therapeutics and Elysium Therapeutics. As of Aug 2026, Mid Atlantic Bio Angels has witnessed 1 portfolio exit. Its latest investment was a $6M Series A round in Astrocyte Pharmaceuticals on Aug 21, 2023, which also saw participation from Dreavent and Alzheimer's Drug Discovery.
To date, 32 investors have co-invested in Mid Atlantic Bio Angels's portfolio companies, including prominent names like Keiretsu Capital.
Key Metrics
Founded Year
2012
Location
New York City, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Series A & 2 more
Locations of Investment
Mid Atlantic Bio Angels' List of Top Investments
Mid Atlantic Bio Angels has a portfolio of 12 companies. Their most notable investments are in Hilltop Bio and The Shape Sensing.Their portfolio spans across United States, France, Israel and 1 more locations. They have invested in Life Sciences, High Tech, Enterprise Applications and 4 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Mid Atlantic Bio Angels:Immunomic Therapeutics develops lysosomal-associated membrane protein-based vaccines for the treatment of allergy and cancer. The company has partnered with Astellas to develop vaccines for Japnese red cedar (Phase 1), peanut allergy (Phase 1). Its immunology pipeline includes AST-VAC1 to treat acute myeloid leukemia (AML) (Phase 2); LAMP-Vax + pp64 DC therapy for brain cancer (Phase 1); ATTAC-II clinical trial (Phase II), etc.
Key facts about Immunomic Therapeutics
- Founded Year: 2005
- Location: Rockville (United States)
- Stage: Series B
- Total Funding till date: $104M
- Employee Count: 51 as on Dec 31, 2022
- Investors: Defense.gov, Brainchild and 7 Others
- Latest Funding Round: Series B, May 29, 2025, $*****
- Highlight: Editors' Pick
Developing T cell immunotherapies for cancer and chronic infectious diseases. The company is a clinical-stage biopharmaceutical company focused on revolutionizing immunotherapy treatment. They develop novel, adaptable, and accessible CD8+ T cell-based technologies. Their platform combines innovative and established approaches to elicit a superior CD8+ T cell response. Novel genetically encoded checkpoint modifiers are delivered alongside optimized target-specific antigens via an immunogenic and adaptable viral vector platform that promotes potent, prolonged, and broad CD8+ T cell responses. The company's technology has potential applications across a range of cancers and chronic infectious diseases, with a lead product under investigation as a potential functional cure for the treatment of chronic hepatitis B virus (HBV). They utilize a VIACT™ platform, combining genetically encoded checkpoint modifiers with intelligently selected and optimized target antigens, inserted into heterologous chimpanzee adenoviral vectors.
Key facts about Virion Therapeutics
- Founded Year: 2018
- Location: Newark (United States)
- Stage: Series A
- Total Funding till date: $5.23M
- Employee Count: 8 as on Jul 31, 2026
- Investors: Alliance of Angels, Robin Hood Ventures and 5 Others
- Latest Funding Round: Conventional Debt, Jun 07, 2021, $*****
Developing innovative solutions to combat opioid overdose and reduce opioid abuse. This therapeutics company is dedicated to establishing new safety standards in the pharmaceutical industry, specifically addressing the opioid crisis. They focus on creating Safer Medicines that Alleviate Risks and Trauma (SMART) products. Their lead products include a rescue agent designed for synthetic opioid overdoses and an oral overdose protection system. These solutions aim to reduce opioid use disorder, prevent fatal overdoses, and effectively manage pain. The company leverages its expertise to develop novel chemical entities with the potential to receive breakthrough technology designation. They are seeking partners to support their mission of reducing suffering from pain, opioid use disorder, and fatal opioid overdose. Their work has a significant social impact, addressing a critical public health issue.
Key facts about Elysium Therapeutics
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $9.94M
- Employee Count: 4 as on Jul 31, 2026
- Investors: Mesa Verde Venture Partners, Innovations for Impact and 4 Others
- Latest Funding Round: Series A, Jan 28, 2026, $*****
- Highlight: Editors' Pick
4. FEMSelect
Developer of minimally invasive uterine prolapse system. The company's product, EnPlace is a surgical system for suturing ligaments of the pelvic floor for Pelvic Organ Prolapse (POP). The device is a combination of a nitinol-based anchor and surgical sutures.
Key facts about FEMSelect
- Founded Year: 2012
- Location: Modi in Maccabim Re ut (Israel)
- Stage: Series B
- Total Funding till date: $9M
- Employee Count: 14 as on Jul 31, 2026
- Investors: Triventures, Teal Ventures and 11 Others
- Latest Funding Round: Series B, Oct 19, 2022, $*****
- Highlight: Editors' Pick
Cerus Endovascular is engaged in the design and development of highly differentiated and proprietary interventional neuroradiology (INR) devices and delivery systems. These devices will have applications in the minimally invasive treatment of neurovascular diseases, particularly intracranial aneurysms.
Key facts about Cerus Endovascular
- Founded Year: 2011
- Location: Oxford (United Kingdom)
- Stage: Acquired
- Total Funding till date: $8.21M
- Employee Count: 14 as on Dec 31, 2021
- Investors: Johnston Associates, Andover and 3 Others
- Latest Funding Round: Series A, Aug 26, 2019, $*****
- Highlight: Acquired
Mid Atlantic Bio Angels' Year-on-Year Investment Trends
Mid Atlantic Bio Angels has invested in 12 companies over the last 13 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Hilltop Bio and most recent follow-on round was in Astrocyte Pharmaceuticals.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 1 | 2 |
2022 | 3 | 0 | 3 |
2021 | 0 | 1 | 1 |
2020 | 1 | 0 | 1 |
2019 | 0 | 1 | 1 |
2018 | 2 | 0 | 2 |
2017 | 2 | 0 | 2 |
Mid Atlantic Bio Angels' Investments by Stage
Mid Atlantic Bio Angels has made 5 investments in Seed stage with an average round size of $2.18M, 5 investments in Series A stage with an average round size of $4.93M, 1 investment in Conventional Debt stage with an average round size of $3M and 1 investment in Series B stage with an average round size of $9M.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Series A | 5 |
Conventional Debt | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Mid Atlantic Bio Angels' Investments by Sector
Mid Atlantic Bio Angels has a diverse portfolio, with companies operating in the Life Sciences, HealthTech, High Tech, Enterprise Applications and Healthcare. Notably, it has invested in 11 Tech companies, 10 Enterprise (B2B) companies, 4 Software companies and at least 4 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Life Sciences | 8 |
HealthTech | 3 |
High Tech | 3 |
Enterprise Applications | 2 |
Healthcare | 2 |
Others | 6 |
Note: We have considered here, only first round of investments
Mid Atlantic Bio Angels' Investments by Geography
Mid Atlantic Bio Angels has made most investments in United States (9), followed by France where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 9 |
France | 1 |
Israel | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Mid Atlantic Bio Angels' recent investments
Mid Atlantic Bio Angels has not made any investment in 2026 so far.Here are the most recent investments by Mid Atlantic Bio Angels:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 21, 2023 | United States | Series A | 2800 | [+6] | |
Mar 30, 2023 | United States | Seed | 6415 | - | |
Oct 19, 2022 | Israel | Series B | 8292 | [+7] | |
Oct 18, 2022 | France | Series A | 7109 | ||
Aug 25, 2022 | United States | Seed | 8656 | - |
Acquired companies in Mid Atlantic Bio Angels' Portfolio
1 company from Mid Atlantic Bio Angels' portfolio has been acquired. The most recent acquisition was Cerus Endovascular in May 2023 by Stryker for $*****.Here are Mid Atlantic Bio Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 02, 2023 | Jun 06, 2013 | Seed | 8686 |
Team profile of Mid Atlantic Bio Angels
Mid Atlantic Bio Angels has a team of 1 member located in United States. Mid Atlantic Bio Angels' team does not sit on the board of any company as of now.Co-investors of Mid Atlantic Bio Angels
Over the past 13 years, 56 investors have co-invested in Mid Atlantic Bio Angels's portfolio companies. This includes funds and angels.
- Invested before Mid Atlantic Bio Angels: HHS, Boston Harbor Angels and 4 others have invested in rounds before Mid Atlantic Bio Angels. There are 2 companies where HHS has invested before Mid Atlantic Bio Angels and 1 company where Boston Harbor Angels has invested before Mid Atlantic Bio Angels.
- Top Co-investors of Mid Atlantic Bio Angels: 32 investors entered a company along with Mid Atlantic Bio Angels. These include investors like Keiretsu Capital (3 companies).
- Invested after Mid Atlantic Bio Angels: A total of 18 investors have invested in Mid Atlantic Bio Angels's portfolio after their investments. Top Investors include HHS (2 companies) and SBIR (1 company).
Recent News related to Mid Atlantic Bio Angels
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FEMSelect Raises US$9M in Series B FinancingFinSMEs•Oct 20, 2022•FEMSelect, Triventures, Keiretsu Forum Mid-Atlantic, Robin Hood Ventures and 6 others
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Virion Therapeutics Raises $4MCitybizlist•Sep 17, 2018•Virion Therapeutics, Robin Hood Ventures, Keiretsu Capital, Keiretsu Forum and 3 others
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Mid Atlantic Bio Angels Invests in Elysium TherapeuticsCitybizlist•Dec 20, 2017•Elysium Therapeutics, Mid Atlantic Bio Angels
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Mid Atlantic Bio Angels Invests in Elysium TherapeuticsGlobeNewswire•Dec 20, 2017•Mid Atlantic Bio Angels, Gust
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Mid Atlantic Bio Angels Invests in New View SurgicalCitybizlist•Nov 10, 2017•New View Surgical, Mid Atlantic Bio Angels
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Mid Atlantic Bio Angels Invests in New View Surgical Citybizlist•Nov 10, 2017•Mid Atlantic Bio Angels
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