About New Ventures Funds
New Ventures Funds is a venture capital firm located in Virginia Beach, United States. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from Life Sciences to Enterprise Applications and FinTech. Overall, New Ventures Funds portfolio has seen 1 IPO and 3 acquisitions, namely Cibus, Sprout Pharmaceuticals and PayEase. New Ventures Funds has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Portfolio IPOs
Portfolio Acquisitions
New Ventures Funds' List of Top Investments
New Ventures Funds has a portfolio of 9 companies. Their most notable investments include Cibus and Sprout Pharmaceuticals.Their portfolio spans across United States and Sweden. They have invested in Life Sciences, Enterprise Applications, FinTech and 5 other sectors. Here is the list of top investments by New Ventures Funds:
1. Cibus
Developer of precision breeding technologies for resilient and vigorous crops. The company focuses on creating crops with specific traits to withstand environmental stressors. It works with agricultural partners to develop seeds resistant to heat, pests, fungus, and weeds. The goal is to produce crops that require fewer chemicals and less energy.
Key facts about Cibus
- Founded Year: 2001
- Location: San Diego (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $34.5M
- Employee Count: 316 as on May 31, 2026
- Investors: Fidelity Investments, Acks and 7 Others
- Latest Funding Round: Post IPO, Apr 08, 2020, $*****
- Highlight: Public
Sprout Pharmaceuticals has developed drugs for women's health. The company has developed an FDA-approved non-hormonal pill called ADDYI to cure Hypoactive Sexual Desire Disorder (HSDD) in premenopausal women.
Key facts about Sprout Pharmaceuticals
- Founded Year: 2011
- Location: Raleigh (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $185M
- Investors: New Ventures Funds, Lunsford Capital and 1 Other
- Latest Funding Round: Series D, Dec 10, 2024, $*****
- Highlight: Acquired
3. Cristcot
Pharmaceutical company developing a novel rescue drug for ulcerative colitis flares. Focused on gastroenterology, the company addresses unmet needs in disease management with a low competitive landscape. Their lead product, completing Phase 3 trials, aims for clinical remission with mucosal healing in just four weeks, offering a unique rescue option for ulcerative colitis patients, alone or with maintenance therapies. The company's patented suppository, utilizing a novel hydrocortisone acetate formulation and applicator, ensures consistent drug delivery and eliminates leakage. With a strong IP portfolio extending market exclusivity, they are poised to provide relief from debilitating rectal symptoms and improve the quality of life for those living with ulcerative colitis. This innovative approach solves an unmet need in ulcerative colitis treatment.
Key facts about Cristcot
- Founded Year: 2008
- Location: Concord (United States)
- Stage: Series C
- Total Funding till date: $37.4M
- Employee Count: 50 as on May 31, 2026
- Investors: New Ventures Funds and Scientia Ventures
- Latest Funding Round: Series C, Apr 25, 2025, $*****
- Highlight: Editors' Pick

4. VERIGRAFT
VERIGRAFT is developing personalized tissue-engineered transplants. The company is using is regenerative medicine technology to develop biological transplants that are free from immunosuppression and infections. The company has completed preclinical tests for personalized tissue-engineered veins (P-TEV). The product is being tested for chronic venous insufficiency.
Key facts about VERIGRAFT
- Founded Year: 2004
- Location: Gothenburg (Sweden)
- Stage: Funding Raised
- Employee Count: 18 as on May 31, 2026
- Investors: New Ventures Funds, Sahlgrenska Science Park and 4 Others
- Latest Funding Round: Grant (prize money), Feb 14, 2025, $*****
- Highlight: Editors' Pick
5. LiquiGlide
Developer of a slippery coating. It is slippery, durable, safe, & self-healing, & can be customized for different material surfaces. It reduces the friction between solid & liquid & prevents adherence of the liquid on the solid surfaces. It can be used in many industries such as manufacturing, consumer products, medical, pharmaceuticals, agrochemicals, & energy.
Key facts about LiquiGlide
- Founded Year: 2012
- Location: Cambridge (United States)
- Stage: Series C
- Total Funding till date: $71.5M
- Employee Count: 3 as on May 31, 2026
- Investors: New Ventures Funds, Structure Capital and 13 Others
- Latest Funding Round: Grant (prize money), Sep 01, 2022, $*****
- Highlight: Editors' Pick
IPOs and Publicly Listed companies in New Ventures Funds' Portfolio
1 of New Ventures Funds' portfolio company became public - Cibus. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2017 at marketcap of undefinedHere are New Ventures Funds' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 20, 2017 | - | - | 1958 |
Acquired companies in New Ventures Funds' Portfolio
3 companies from New Ventures Funds' portfolio have been acquired. The most recent acquisition was Sprout Pharmaceuticals in Aug 2015 by Bausch Health for $*****.Here are New Ventures Funds' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 20, 2015 | - | - | 9805 | |
Feb 10, 2014 | - | - | 4422 | |
Jun 20, 2012 | - | - | 7545 |
Team profile of New Ventures Funds
New Ventures Funds has a team of 2 members including 1 Partner and 1 Principal located in United States. New Ventures Funds' team does not sit on the board of any company as of now.Recent News related to New Ventures Funds
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Enterin Raises $12.7M Series A from New VenturesCitybizlist•Jul 17, 2017•Enterin, New Ventures Funds
