InCube Ventures logo

InCube Ventures

North America, California, United States, San Jose

Description

DFJ InCube Ventures, based in San Jose, California, is a specialized venture capital firm dedicated to the life sciences sector. The firm focuses on identifying and funding extraordinary innovations that address significant unmet clinical needs. Their investment scope primarily covers early-stage companies within the medical device, diagnostics, and biotechnology sectors, reflecting a deep commitment to advancing healthcare solutions.

InCube Ventures employs a strategic investment approach, often taking on the role of lead or co-lead investor in funding rounds. They are particularly active in Series A and Series B financing stages. The firm's typical initial investment in a company ranges from $3 million to $10 million, demonstrating a preference for substantial early commitments to promising ventures. This initial capital is designed to help portfolio companies achieve critical milestones and accelerate their development.

Beyond the initial investment, DFJ InCube Ventures is known for reserving significant capital for follow-on investments, often committing up to $15 million to $25 million over a company's lifecycle. This long-term support underscores their dedication to nurturing portfolio companies through various growth phases. The firm has successfully raised and managed several funds, including DFJ InCube Ventures II, which closed at $100 million, and DFJ InCube Ventures III, a $150 million fund, providing a robust financial foundation for their investment activities.

The firm's strategy is deeply rooted in leveraging its extensive network and operational expertise within the life sciences industry to support its portfolio companies. By combining financial backing with strategic guidance, DFJ InCube Ventures aims to help transform innovative scientific concepts into commercially viable products that can significantly improve patient outcomes and reshape the healthcare landscape.

Investor Profile

InCube Ventures has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Ireland, Denmark.
  • Strong thematic focus on Health Care, Biotechnology, Medical Device.
  • Typical check size: $3M – $10M.

Stage Focus

  • Series B (30%)
  • Series A (15%)
  • Series C (15%)
  • Series D (15%)
  • Series Unknown (15%)
  • Angel (5%)
  • Seed (5%)

Country Focus

  • United States (90%)
  • Ireland (5%)
  • Denmark (5%)

Industry Focus

  • Health Care
  • Biotechnology
  • Medical Device
  • Therapeutics
  • Pharmaceutical
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Medical
  • Women's
  • Wellness
circle-line
FAQ

Frequently Asked Questions

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

Who does InCube Ventures frequently co-invest with?

HOF Capital
North America, New York, United States, New York
Co-Investments: 2
VentureHealth
North America, California, United States, San Jose
Co-Investments: 4
Sozo Ventures
North America, California, United States, Redwood City
Co-Investments: 2
Agent Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 3
Boston Scientific
North America, Massachusetts, United States, Marlborough
Co-Investments: 2
RA Capital Management
North America, Massachusetts, United States, Boston
Co-Investments: 3
Humboldt Fund
North America, New York, United States, New York
Co-Investments: 2
Aperture Venture Partners
North America, New York, United States, New York
Co-Investments: 3
MedVenture Associates
North America, California, United States, Emeryville
Co-Investments: 3

Which angels does InCube Ventures often collaborate with?

JN
North America, California, United States, Walnut Creek
Shared Deals: 1
JY
North America, California, United States, San Francisco
Shared Deals: 1
VW
North America, Florida, United States, Miami Beach
Shared Deals: 1
KM
North America, Washington, United States, Seattle
Shared Deals: 1
KO
North America, California, United States, Mountain View
Shared Deals: 1

What are some of recent deals done by InCube Ventures?

Tasso

Seattle, Washington, United States

Tasso is a Medical innovation company changing the way diagnostics are delivered

Health CareMedicalWellness
Series BDec 16, 2021
Amount Raised: $100,000,000
Neuros Medical

Willoughby, Ohio, United States

Neuros Medical develops neurostimulation therapies for patients suffering with unmet medical needs.

Health CareLife ScienceMedicalMedical DeviceTherapeutics
Series BJan 7, 2021
Amount Raised: $38,500,000
Metagenomi

Emeryville, California, United States

Metagenomi uses metagenomics and machine learning to discover novel genome editing systems for therapeutics development.

Artificial Intelligence (AI)BiotechnologyMachine LearningTherapeutics
Series ANov 12, 2020
Amount Raised: $75,000,000
Neptune Medical

Burlingame, California, United States

Neptune Medical is a medical device company that develops endoscopic and surgical devices.

Health CareMedicalMedical DeviceRobotics
Series UnknownMay 26, 2020
Metagenomi

Emeryville, California, United States

Metagenomi uses metagenomics and machine learning to discover novel genome editing systems for therapeutics development.

Artificial Intelligence (AI)BiotechnologyMachine LearningTherapeutics
Series AAug 16, 2019
Amount Raised: $26,373,182
Intact Vascular

Wayne, Pennsylvania, United States

Intact Vascular is a medical device company developing minimally-invasive peripheral vascular products.

Health CareManufacturingMedical DevicePharmaceutical
Series DMay 30, 2019
Amount Raised: $25,000,000
Metagenomi

Emeryville, California, United States

Metagenomi uses metagenomics and machine learning to discover novel genome editing systems for therapeutics development.

Artificial Intelligence (AI)BiotechnologyMachine LearningTherapeutics
SeedFeb 28, 2019
WhiteSwell

Ballybrit, Galway, Ireland

WhiteSwell is dedicated to advancing treatment of acute decompensated heart failure .

BiotechnologyHealth Care
Series BDec 11, 2018
Amount Raised: $30,000,000
Rani Therapeutics

San Jose, California, United States

Rani is a clinical-stage biotherapeutics company that enables the development of orally administered biologics to improve patient outcomes.

BiotechnologyPharmaceuticalTherapeutics
Series UnknownFeb 27, 2016
Channel Medsystems

Berkeley, California, United States

Channel Medsystems is a medical device company offering cryotherapy devices for endometrial cryoablation.

BiotechnologyHealth CareMedical DeviceWomen's
Series CSep 22, 2015
Amount Raised: $22,000,000