About VenBio
VenBio is a venture capital firm founded in 2011. It is primarily based out of San Francisco, United States. As of Sep 2026, VenBio is an active investor, having invested in 63 companies, with 4 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Life Sciences to High Tech and Enterprise Applications. Most recently it participated in the $***** Post IPO round of Lisata Overall, VenBio portfolio has seen 21 IPOs and 18 acquisitions including key companies like Attovia, RayzeBio and Apellis Pharmaceuticals. A lot of funds co-invest with VenBio, with names like Vivo Capital sharing a substantial percentage of its portfolio. VenBio has team of 7 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 5 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
VenBio's List of Top Investments
VenBio has a portfolio of 63 companies. Their most notable investments are in Aeovian Pharmaceuticals and Entact Bio.Their portfolio spans across United States, Canada, Netherlands and 4 more locations. They have invested in Life Sciences, High Tech, Enterprise Applications and 3 other sectors, across stages such as Series A, Series B and 5 more. Here is the list of top investments by VenBio:
1. Attovia
Developer of antibody-based therapeutics for immune-mediated diseases and oncology. The company leverages ATTOBODY, a novel biologics platform, to generate small format biparatopic binders that unlock the spatial aspect of target engagement. It develops a pipeline of biotherapeutics with an initial focus on immune-mediated disease and oncology.
Key facts about Attovia
- Founded Year: 2023
- Location: Fremont (United States)
- Stage: Public
- Total Funding till date: $255M
- Employee Count: 52 as on Aug 31, 2026
- Investors: Marshall Wace, Frazier Life Sciences and 13 Others
- Latest Funding Round: Series C, Apr 15, 2025, $*****
- Highlight: Public
2. RayzeBio
Key facts about RayzeBio
- Founded Year: 2019
- Location: San Diego (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $426M
- Employee Count: 285 as on Aug 31, 2026
- Investors: Venrock, Perceptive Advisors and 22 Others
- Latest Funding Round: Series D, Aug 25, 2022, $*****
- Highlight: Acquired
Developer of therapeutics for the treatment of rare diseases. The company is developing transformative therapies for people living with a broad range of debilitating diseases by controlling complement, part of the body’s immune system. The company develops programs across ophthalmology, nephrology, hematology, and neurology.
Key facts about Apellis Pharmaceuticals
- Founded Year: 2008
- Location: Crestwood (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $213M
- Employee Count: 536 as on Aug 31, 2026
- Investors: Avoro Capital, VenBio and 21 Others
- Latest Funding Round: Post IPO, May 07, 2020, $*****
- Highlight: Acquired
Developer of therapeutics for rare neurological diseases. The company is engaged in the research, development, and commercialization of novel treatments for rare diseases mainly CNS disorders including Wakix for Narcolepsy.
Key facts about Harmony Biosciences
- Founded Year: 2017
- Location: Plymouth Meeting (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $345M
- Employee Count: 354 as on Jul 31, 2026
- Investors: Fidelity Investments, VenBio and 12 Others
- Latest Funding Round: Conventional Debt, Jan 27, 2020, $*****
- Highlight: Public
Developer of therapeutics to treat autoimmune diseases. The company's pipeline drugs include VTX958 allosteric TYK2 inhibitor for the treatment of a broad range of autoimmune diseases, VTX002 S1P1 receptor modulator for the treatment of ulcerative colitis, and VTX2735 peripheral inhibitor of the NLRP3 inflammasome. These drugs are used for the treatment of autoimmune disorders by regulating the innate and adaptive immunity to activate type 1 interferon, IL-12, and IL-23 signaling.
Key facts about Ventyx Biosciences
- Founded Year: 2018
- Location: Encinitas (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $165M
- Employee Count: 230 as on Aug 31, 2026
- Investors: RTW Investments, Janus Henderson Investors and 13 Others
- Latest Funding Round: Post IPO, Sep 23, 2024, $*****
- Highlight: Acquired
VenBio's Year-on-Year Investment Trends
VenBio has invested in 63 companies over the last 14 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 3 investments, while as of Sep 2026, it has made 5 investments in this year. Its most recent first time investment was in Lisata and most recent follow-on round was in Parabilis Medicines.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 1 | 5 |
2025 | 1 | 2 | 3 |
2024 | 5 | 1 | 6 |
2023 | 2 | 1 | 3 |
2022 | 4 | 1 | 5 |
2021 | 5 | 7 | 12 |
2020 | 9 | 3 | 12 |
2019 | 4 | 1 | 5 |
2018 | 4 | 4 | 8 |
2017 | 4 | 3 | 7 |
VenBio's Investments by Stage
VenBio has made 26 investments in Series A stage with an average round size of $49M, 12 investments in Series B stage with an average round size of $107M and 7 investments in Series D stage with an average round size of $179M.Stage of entry | No. of Investments |
|---|---|
Series A | 26 |
Series B | 12 |
Series D | 7 |
Series C | 6 |
Post IPO | 5 |
Others | 2 |
Note: We have considered here, only first round of investments
VenBio's Investments by Sector
VenBio has a diverse portfolio, with companies operating in the Life Sciences, High Tech, Enterprise Applications, HealthTech and Healthcare. Notably, it has invested in 56 Tech companies, 52 Enterprise (B2B) companies, 6 Software companies and at least 2 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Life Sciences | 52 |
High Tech | 4 |
Enterprise Applications | 3 |
HealthTech | 3 |
Healthcare | 3 |
Others | 2 |
Note: We have considered here, only first round of investments
VenBio's Investments by Geography
VenBio has made most investments in United States (48), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 48 |
United Kingdom | 3 |
Canada | 2 |
Netherlands | 2 |
Australia | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
VenBio's recent investments
VenBio has made 5 investments in 2026 so far. Lisata and Oak Bio Co are the latest among them.Here are the most recent investments by VenBio:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 18, 2026 | United States | Post IPO | 9232 | [+11] | |
Jun 03, 2026 | United Kingdom | Series A | 9110 | ||
Jun 02, 2026 | United Kingdom | Series A | 9706 | ||
Apr 21, 2026 | United States | Post IPO | 1627 | ||
Jan 08, 2026 | United States | Series F | 8740 | [+18] |
IPOs and Publicly Listed companies in VenBio's Portfolio
21 of VenBio's portfolio companies have become public. Attovia got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Aug 2026 at marketcap of $731M and Parabilis Medicines got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $2.33B.Here are VenBio's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 05, 2026 | May 09, 2024 | Series B | 4360 | |
Jun 10, 2026 | Nov 17, 2022 | Series D | 9960 | |
Jul 19, 2024 | Jun 26, 2020 | Series A | 6464 | |
Jun 28, 2024 | Mar 07, 2024 | Series C | 3085 | |
May 05, 2023 | Nov 16, 2021 | Series B | 2686 |
Acquired companies in VenBio's Portfolio
18 companies from VenBio's portfolio have been acquired. The most recent acquisition was Candid Therapeutics in May 2026 by UCB for $*****.Here are VenBio's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 03, 2026 | Sep 09, 2024 | Series D | 1604 | |
Mar 31, 2026 | Jan 29, 2016 | Series D | 7321 | |
Jan 21, 2026 | Sep 18, 2026 | Post IPO | 9182 | |
Jan 07, 2026 | Mar 09, 2021 | Series B | 9020 | |
Oct 09, 2025 | Jun 22, 2018 | Series A | 5262 |
Team profile of VenBio
VenBio has a team of 7 members including 4 Partners and 1 Principal located in United States. VenBio's team sits on the board of 1 company.Here is a list of all team members in VenBio:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Seattle | - | - | |
Partner | - | |||
Partner | San Francisco | - | ||
Principal | San Francisco | - |
Co-investors of VenBio
Over the past 14 years, 352 investors have co-invested in VenBio's portfolio companies. This includes funds and angels.
- Invested before VenBio: HHS, Orbimed and 77 others have invested in rounds before VenBio. There are 7 companies where HHS has invested before VenBio and 4 companies where Orbimed has invested before VenBio.
- Top Co-investors of VenBio: 165 investors entered a company along with VenBio. These include investors like Vivo Capital (11 companies).
- Invested after VenBio: A total of 108 investors have invested in VenBio's portfolio after their investments. Top Investors include Vivo Capital (6 companies), Janus Henderson Investors (6 companies) and Cormorant Asset Management (3 companies).
Recent News related to VenBio
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Parabilis gets $305M to conquer 'undruggable' proteins after early successEndpoints•Jan 08, 2026•Parabilis Medicines, Johnson & Johnson, Frazier Life Sciences, Rock Springs Capital and 19 others
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Aeovian gets $55M for tuberous sclerosis complex, to explore prospects in obesityEndpoints•Dec 16, 2025•Aeovian Pharmaceuticals, Hevolution, Sofinnova Investments, CTI Life Sciences Fund and 7 others
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Lexeo Therapeutics Partners with PXV Funds and venBio for Cardiac RNA TherapeuticsGlobeNewswire•Jun 24, 2025•LEXEO Therapeutics, Xontogeny, VenBio
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Axonis snags $115M to test oral drugs for epilepsy and neuropathic painEndPoints News•Oct 30, 2024•AXONIS Therapeutics, Cormorant Asset Management, VenBio, Sofinnova Investments and 6 others
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Vicebio Announces $100 Million Series B Financing and Initiation of Phase 1 Clinical Study of RSV/hMPV Bivalent VaccinePR Newswire•Sep 23, 2024•Vicebio, TCG Crossover, Avoro Capital, VenBio and 6 others
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T-cell targeting Candid Therapeutics launches with $370mPharmaceutical Technology•Sep 10, 2024•Candid Therapeutics, Venrock, VenBio, Foresite Capital and 3 others
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Candid Therapeutics Debuts With $370m Capital Raise To Clinically Evaluate Potentially Transformative Autoimmune TherapiesBusiness Wire•Sep 09, 2024•Candid, Venrock, Fairmont, TCG Crossover and 16 others
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Candid Therapeutics Debuts with $370M Capital Raise to Clinically Evaluate Potentially Transformative Autoimmune TherapiesThe Joplin Globe•Sep 09, 2024•Candid Therapeutics, Third Rock Ventures, Orbimed, Foresite Capital and 5 others
