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Omega Funds

Europe, Geneve, Switzerland, Geneva

Description

Omega Funds is a prominent global investment firm dedicated exclusively to the life sciences sector, headquartered in Geneva, Switzerland. Established with a deep focus on drug development, the firm employs a versatile investment strategy that spans from company creation and early-stage ventures to later-stage private and public companies, including specialized direct secondary transactions. With a substantial capital base, Omega Funds manages over $2.4 billion in assets, positioning itself as a significant player in the biotech and pharmaceutical investment landscape.

The firm's investment philosophy centers on a hands-on, company-building approach, leveraging its extensive industry expertise and network to support the growth and success of its portfolio companies. Omega Funds invests across the entire spectrum of drug development, from preclinical research through clinical trials and commercialization. Their commitment to the sector is underscored by their successful fundraising efforts, including the close of Omega Fund VII at $670 million in 2021, which followed Omega Fund VI at $507 million in 2018. Since its inception, Omega Funds has invested in over 65 companies, demonstrating a consistent track record of identifying and nurturing innovative life science enterprises.

Given the capital-intensive nature of drug development, Omega Funds is equipped to make substantial investments. While their strategy encompasses various stages, typical first cheques for their primary investments often range from $10 million for early-stage company creation or Series A rounds, extending up to $75 million for significant Series B, C, or direct secondary transactions. This broad range allows them to be a lead investor in substantial financing rounds, providing the necessary capital for ambitious drug development programs. Their global reach and specialized focus make them a key partner for life science innovators seeking significant funding and strategic guidance.

Investor Profile

Omega Funds has backed more than 149 startups, with 10 new investments in the last 12 months alone. The firm has led 34 rounds, about 23% of its total and boasts 64 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Switzerland, United Kingdom.
  • Strong thematic focus on Biotechnology, Health Care, Therapeutics.
  • Led 4 rounds in the past year.
  • Typical check size: $10M – $75M.

Stage Focus

  • Series A (25%)
  • Series B (24%)
  • Series Unknown (17%)
  • Series C (15%)
  • Post Ipo Equity (7%)
  • Seed (4%)
  • Series D (3%)
  • Private Equity (1%)
  • Series E (1%)
  • Post Ipo Debt (1%)

Country Focus

  • United States (76%)
  • Switzerland (6%)
  • United Kingdom (3%)
  • France (3%)
  • Germany (3%)
  • Belgium (3%)
  • Canada (1%)
  • Israel (1%)
  • Spain (1%)
  • Denmark (1%)

Industry Focus

  • Biotechnology
  • Health Care
  • Therapeutics
  • Medical
  • Pharmaceutical
  • Life Science
  • Health Diagnostics
  • Medical Device
  • Biopharma
  • Oncology
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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 Omega Funds frequently co-invest with?

EcoR1 Capital
North America, California, United States, San Francisco
Co-Investments: 13
OrbiMed
North America, New York, United States, New York
Co-Investments: 19
Surveyor Capital
North America, Illinois, United States, Chicago
Co-Investments: 13
CA
North America, Massachusetts, United States, Boston
Co-Investments: 13
T. Rowe Price
North America, Maryland, United States, Baltimore
Co-Investments: 12
Atlas Venture
North America, Massachusetts, United States, Cambridge
Co-Investments: 18
Polaris Partners
North America, Massachusetts, United States, Boston
Co-Investments: 15
Janus Henderson Investors
Europe, England, United Kingdom, London
Co-Investments: 12
Invus
North America, New York, United States, New York
Co-Investments: 12
Fidelity
North America, Massachusetts, United States, Boston
Co-Investments: 12

Which angels does Omega Funds often collaborate with?

KC
North America, United States
Shared Deals: 1
David Pyott
North America, California, United States, Orange
Shared Deals: 1
PF
North America, Florida, United States, Miami
Shared Deals: 1
HT
Europe, Noord-Brabant, The Netherlands, Tilburg
Shared Deals: 1
AB
North America, California, United States, Los Angeles
Shared Deals: 1
TA
North America, Massachusetts, United States, Cambridge
Shared Deals: 2
BN
North America, Massachusetts, United States, Boston
Shared Deals: 1
NB
North America, California, United States, San Mateo
Shared Deals: 2
Shared Deals: 1

What are some of recent deals done by Omega Funds?

ARTBIO

Cambridge, Massachusetts, United States

ARTBIO is a clinical-stage radiopharmaceutical biotechnology business that is working to create a new class of alpha radioligand medicines.

BiotechnologyHealth CareHospitalMedicalMedical DevicePharmaceutical
Series BJul 29, 2025
Amount Raised: $132,000,000
Inmagene Biopharmaceuticals

San Diego, California, United States

Inmagene is a clinical-stage biotech company developing innovative and differentiated therapies for immunological and inflammatory diseases.

BiopharmaBiotechnologyHealth Care
Post Ipo EquityJul 28, 2025
Amount Raised: $75,000,000
Ousia Pharma

Copenhagen, Hovedstaden, Denmark

Ousia Pharma focuses on the design and development of pharmacotherapies to improve the health and lives of people living with obesity.

BiotechnologyMedicalPharmaceutical
SeedMay 6, 2025
Callio Therapeutics

Seattle, Washington, United States

Callio Therapeutics develops next-generation, multi-payload antibody-drug conjugates (ADCs).

BiotechnologyHealth CareMedical
Series AMar 3, 2025
Amount Raised: $187,000,000
Alleviant Medical

Austin, Texas, United States

Alleviant Medical develops transcatheter technology designed to lift the clinical and economic burden of heart failure.

BiotechnologyClinical TrialsHealth CareMedical Device
Series UnknownJan 14, 2025
Amount Raised: $90,000,000
Windward Bio

Basel, Basel-Stadt, Switzerland

Windward Bio develops monoclonal antibodies for advanced immunological diseases.

BiotechnologyLife ScienceMedical
Series AJan 10, 2025
Amount Raised: $200,000,000
Aviceda Therapeutics

Cambridge, Massachusetts, United States

Aviceda Therapeutics is a late-stage pre-clinical biotech company developing drugs for treating glyco-immune diseases.

BiotechnologyHealth CareLife SciencePharmaceuticalTherapeutics
Series CJan 7, 2025
Amount Raised: $207,500,000
Ikena Oncology

Boston, Massachusetts, United States

Ikena Oncology develops differentiated therapies to target cancer growth and resistance, focusing on Hippo and RAS signaling pathways.

BiotechnologyHealth CareHealth DiagnosticsOncologyTherapeutics
Post Ipo EquityDec 23, 2024
Amount Raised: $75,000,000
nChroma Bio

Boston, Massachusetts, United States

nChroma Bio is a cutting-edge biotechnology business that is developing targeted in vivo delivery systems as well as best-in-class cargo.

BiotechnologyMedicalProduct Research
Series UnknownDec 11, 2024
Amount Raised: $75,000,000
Beta Bionics

Irvine, California, United States

Beta Bionics is a biotechnology company that provides software to reduce the burden of diabetes care.

BiotechnologyDiabetesMedical Device
Series ENov 13, 2024
Amount Raised: $60,000,000