AstraZeneca logo

AstraZeneca

Europe, Cambridgeshire, United Kingdom, Cambridge

Description

AstraZeneca, a global biopharmaceutical company headquartered in Cambridge, UK, actively engages in venture capital through its dedicated investment initiatives, primarily AstraZeneca Ventures and its BioVentureHubs. Unlike traditional venture capital firms, AstraZeneca's investment strategy is deeply rooted in its corporate objectives, focusing on early-stage life science companies that align with its therapeutic areas of interest, including oncology, cardiovascular, renal & metabolism, and respiratory & immunology. The company seeks to foster innovation and gain early access to groundbreaking technologies and scientific platforms that could complement its pipeline or lead to future partnerships and acquisitions.

AstraZeneca's investment approach often combines capital infusion with strategic support, leveraging its extensive scientific expertise, R&D infrastructure, and global network. Through its BioVentureHubs located in key biotech clusters like Cambridge (UK), Gothenburg (Sweden), and Boston (US), AstraZeneca provides not only seed funding but also access to lab space, equipment, and mentorship, creating a collaborative environment for startups. This model is particularly beneficial for nascent companies requiring significant scientific validation and development support. The company has demonstrated a consistent commitment to the biotech ecosystem, having made over 70 investments in various early-stage companies since the inception of its venture activities.

While specific check sizes can vary significantly based on the strategic importance and stage of the company, AstraZeneca typically targets seed to Series A rounds. For very early-stage companies, particularly those within its BioVentureHub ecosystem, initial investments can range from approximately $500,000, often as part of a seed round. For more developed early-stage companies, such as those raising a Series A, AstraZeneca's initial contribution can extend up to $5,000,000, often participating in syndicated rounds alongside other venture capital firms. These investments are driven by the potential for scientific breakthroughs and the long-term strategic value they can bring to AstraZeneca's core business.

AstraZeneca's role as a corporate venture investor is thus multifaceted, acting as both a financial backer and a strategic partner. Its investments are designed to accelerate the development of promising science, bridge the gap between academic research and commercialization, and ultimately contribute to the discovery and development of new medicines. This strategic investment arm underscores AstraZeneca's commitment to external innovation as a vital component of its growth strategy in the competitive pharmaceutical landscape.

Investor Profile

AstraZeneca has backed more than 49 startups, with 1 new investments in the last 12 months alone. The firm has led 16 rounds, about 33% of its total and boasts 11 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant, Series A, Series D rounds (top funding stages).
  • Majority of deals are located in United States, Switzerland, United Kingdom.
  • Strong thematic focus on Health Care, Biotechnology, Medical.
  • Typical check size: $500K – $5M.

Stage Focus

  • Grant (35%)
  • Series A (12%)
  • Series D (8%)
  • Series E (6%)
  • Series C (6%)
  • Corporate Round (6%)
  • Post Ipo Equity (6%)
  • Series B (6%)
  • Series Unknown (4%)
  • Private Equity (2%)

Country Focus

  • United States (59%)
  • Switzerland (12%)
  • United Kingdom (6%)
  • China (6%)
  • Sweden (4%)
  • France (4%)
  • Germany (2%)
  • Poland (2%)
  • Italy (2%)
  • Hong Kong (2%)

Industry Focus

  • Health Care
  • Biotechnology
  • Medical
  • Therapeutics
  • Pharmaceutical
  • Biopharma
  • Non Profit
  • Genetics
  • Medical Device
  • Clinical Trials
circle-line
FAQ

Frequently Asked Questions

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

Who does AstraZeneca frequently co-invest with?

Auven Therapeutics
North America, Florida, United States, Delray Beach
Co-Investments: 4
Wellington Management
North America, Massachusetts, United States, Boston
Co-Investments: 2
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 3
RA Capital Management
North America, Massachusetts, United States, Boston
Co-Investments: 2
Novartis
Europe, Basel-Stadt, Switzerland, Basel
Co-Investments: 3
Virtus Inspire Ventures
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 3
Ping An Ventures
Asia, Shandong, China, Pudong
Co-Investments: 2
Redmile Group
North America, California, United States, San Francisco
Co-Investments: 2
Fletcher Spaght, Inc.
North America, Massachusetts, United States, Boston
Co-Investments: 2

What are some of recent deals done by AstraZeneca?

Sortera Bio

Cambridge, Cambridgeshire, United Kingdom

Sortera Bio operates as a biotechnology company.

BiotechnologyLife ScienceMedical
Pre SeedJun 5, 2025
Amount Raised: $10,180,355
Huma

London, England, United Kingdom

Huma offers a health platform used for remote patient monitoring and biological data gathering for preventative healthcare.

Artificial Intelligence (AI)Health CaremHealthSaaS
Series DJul 16, 2024
Amount Raised: $80,000,000
SmartCella

Tullinge, Stockholms Lan, Sweden

SmartCella is a biotechnology company developing cell therapy and delivery devices for cardiac diseases.

BiotechnologyHealth CareLife ScienceMedicalTherapeutics
Private EquityJul 8, 2024
Amount Raised: $54,160,971
Nucleus RadioPharma

Rochester, Minnesota, United States

Nucleus RadioPharma is a new company built to ensure cancer patients can access potentially life-saving radiopharmaceuticals.

Health Care
Series AJun 5, 2024
SixPeaks Bio

Basel, Basel-Stadt, Switzerland

SixPeaks is developing a pipeline of medicines for healthy weight loss.

BiotechnologyManufacturingPharmaceutical
Series AMay 22, 2024
Amount Raised: $30,000,000
SixPeaks Bio

Basel, Basel-Stadt, Switzerland

SixPeaks is developing a pipeline of medicines for healthy weight loss.

BiotechnologyManufacturingPharmaceutical
Debt FinancingMay 22, 2024
Amount Raised: $80,000,000
Asher Bio

San Francisco, California, United States

Asher Bio is a biotechnology company that specializes in the fields of therapeutics builds better immunotherapy for cancer.

BiotechnologyTherapeutics
Series CApr 16, 2024
Amount Raised: $55,000,000
Cellectis

Paris, Ile-de-France, France

Cellectis is a biopharmaceutical company that develops adoptive immunotherapies for cancer.

BiopharmaBiotechnologyHealth CareMedicalOncology
Post Ipo EquityNov 1, 2023
Amount Raised: $140,000,000
GenAssist Therapeutics

Suzhou, Jiangsu, China

GenAssist Therapeutics develops gene therapy drugs using base editing technology, which is advantageous in the field of DMD treatment.

BiotechnologyHealth CareMedicalTherapeutics
Series ADec 8, 2022
Rgenta Therapeutics

Cambridge, Massachusetts, United States

Rgenta Therapeutics develops a pipeline of oral, small-molecule RNA-targeting medicines with an initial focus on oncology.

BiotechnologyHealth CareMedicalOncologyPharmaceuticalTherapeutics
Series ANov 29, 2022
Amount Raised: $52,000,000