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Advanced Research Projects Agency for Health

North America, Maryland, United States, Bethesda

Description

The Advanced Research Projects Agency for Health (ARPA-H) is a U.S. government agency established within the Department of Health and Human Services (HHS), modeled after the Defense Advanced Research Projects Agency (DARPA). Its core mission is to accelerate the development of high-impact research and innovation to drive biomedical and health breakthroughs for all Americans. ARPA-H focuses on funding projects that are too risky or long-term for traditional private sector investment or conventional research grants, aiming to bridge the gap between fundamental research and practical application.

ARPA-H operates through a unique funding model, primarily utilizing grants, contracts, and cooperative agreements rather than traditional venture capital equity investments. The agency emphasizes a milestone-based approach, where funding is disbursed incrementally upon the achievement of predefined technical goals. This allows for flexibility and adaptation as projects evolve, ensuring accountability and progress toward ambitious health outcomes. The agency actively seeks to address major health challenges, including cancer, Alzheimer's disease, and infectious diseases, by fostering interdisciplinary collaboration and breakthrough technologies.

Financially, ARPA-H has received significant backing from the U.S. Congress, with an enacted budget of approximately $1.5 billion for Fiscal Year 2024. The agency's typical project awards, which represent its 'check sizes,' vary significantly based on the scope, complexity, and duration of the research. Individual awards can range from as little as $200,000 for initial, smaller-scale projects or early phases, up to $20,000,000 or more for large, multi-year, transformative initiatives. These awards are designed to support high-risk, high-reward endeavors that have the potential to deliver transformative health solutions, often catalyzing further private investment once proof-of-concept is established.

Investor Profile

Advanced Research Projects Agency for Health has backed more than 29 startups, with 22 new investments in the last 12 months alone. The firm has led 28 rounds, about 97% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Health Care, Medical, Biotechnology.
  • Led 22 rounds in the past year.
  • Typical check size: $200K – $20M.

Stage Focus

  • Grant (100%)

Country Focus

  • United States (93%)

Industry Focus

  • Health Care
  • Medical
  • Biotechnology
  • Education
  • Health Diagnostics
  • Non Profit
  • Universities
  • Hospital
  • Higher Education
  • Therapeutics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Advanced Research Projects Agency for Health frequently co-invest with?

National Institutes of Health
North America, Maryland, United States, Bethesda
Co-Investments: 1
National Cancer Institute
North America, Maryland, United States, Bethesda
Co-Investments: 1

What are some of recent deals done by Advanced Research Projects Agency for Health?

Black Mesa

Boston, Massachusetts, United States

Black Mesa is a technological company that provides methods in critical industrial sectors.

Information TechnologyManufacturing
GrantJan 20, 2026
Weill Cornell Medicine

New York, New York, United States

Weill Cornell Medicine is an outpatient radiology diagnostic center that provides superior imaging and interpretation services.

Health CareHealth DiagnosticsNon ProfitOutpatient Care
GrantJan 20, 2026
Amount Raised: $5,200,000
SynthX Center

Houston, Texas, United States

SynthX Center is a biomedical research center focused on developing drugs and health technologies.

Biotechnology
GrantJan 19, 2026
Amount Raised: $18,000,000
University of California San Diego

La Jolla, California, United States

UC San Diego is a public research university that offers undergraduate and graduate programs across various disciplines.

Continuing EducationEducationHigher EducationSTEM EducationUniversities
GrantJan 14, 2026
Amount Raised: $25,800,000

UT Southwestern Medical Center is one of the country's leading academic medical centers, patient-care providers, and research institutions.

EducationHealth Care
GrantJan 13, 2026
Amount Raised: $25,000,000
SRI International

Menlo Park, California, United States

SRI International is a nonprofit, independent research center serving government and industry.

Advanced MaterialsArtificial Intelligence (AI)Computer VisionCyber SecurityNon ProfitRobotics
GrantOct 20, 2025
Amount Raised: $34,000,000
Varro

St Louis, Missouri, United States

Varro Life Sciences develops technologies to detect airborne pathogens and prevent disease transmission.

BiotechnologyHealth CareLife ScienceMedical
GrantOct 20, 2025
Amount Raised: $7,200,000
Tessera Therapeutics

Cambridge, Massachusetts, United States

Tessera Therapeutics is a biotechnology company pioneering Gene Writing™ to drive advancements in genome engineering.

BiopharmaBiotechnologyGeneticsLife ScienceTherapeutics
GrantOct 8, 2025
Amount Raised: $41,300,000
Kernal Biologics

Cambridge, Massachusetts, United States

Kernalbio creates mRNA therapies that instruct specific cells on how to make their own medicine.

BiotechnologyPharmaceuticalTherapeutics
GrantOct 7, 2025
Amount Raised: $48,000,000
Owlstone Medical

Cambridge, Cambridgeshire, United Kingdom

Owlstone Medical develops healthcare non-invasive breath-based diagnostic tools for early disease detection.

Emergency MedicineHealth CareHealth DiagnosticsMedical DevicePrecision Medicine
GrantOct 6, 2025
Amount Raised: $49,100,000

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