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venBio Partners

North America, California, United States, San Francisco

Description

venBio Partners is a prominent San Francisco-based life sciences investment firm established in 2009, dedicated to partnering with industry leaders to develop innovative medicines and technologies. The firm's investment strategy spans both private and public companies, focusing on novel therapeutics across various stages, from early-stage development through growth equity. venBio distinguishes itself through a team with deep scientific, medical, and operational expertise, enabling them to provide strategic guidance beyond just capital.

The firm primarily targets companies developing groundbreaking biotechnologies and pharmaceuticals. They are known for taking significant positions, often leading or co-leading funding rounds, particularly in Series A and B stages for private entities. Their investment approach emphasizes rigorous scientific due diligence and a hands-on partnership model, aiming to accelerate the development and commercialization of new therapies that address unmet medical needs.

venBio Partners has demonstrated substantial financial capacity and a strong track record. The firm has successfully raised multiple funds, with their latest, venBio Global Strategic Fund V, closing at $550 million in 2022. Cumulatively, venBio has raised over $1.5 billion in capital across its various funds, underscoring its significant resources for investment. This substantial capital base allows them to deploy meaningful first cheques and provide follow-on funding to support portfolio companies through critical milestones.

Their portfolio includes numerous successful ventures and notable exits, reflecting their ability to identify and nurture high-potential companies. For instance, venBio was an early investor in Principia Biopharma, which was acquired by Sanofi for approximately $3.68 billion, showcasing the firm's capacity to back companies that achieve significant strategic value. This history of successful exits and a robust capital base positions venBio as a key player in the life sciences venture capital landscape.

Investor Profile

venBio Partners has backed more than 83 startups, with 5 new investments in the last 12 months alone. The firm has led 34 rounds, about 41% of its total and boasts 28 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Switzerland, Canada.
  • Strong thematic focus on Biotechnology, Health Care, Pharmaceutical.
  • Led 2 rounds in the past year.
  • Typical check size: $15M – $60M.

Stage Focus

  • Series A (33%)
  • Series B (27%)
  • Series C (19%)
  • Series D (6%)
  • Post Ipo Equity (5%)
  • Series Unknown (4%)
  • Series E (2%)
  • Private Equity (2%)
  • Seed (1%)
  • Convertible Note (1%)

Country Focus

  • United States (84%)
  • Switzerland (5%)
  • Canada (5%)
  • The Netherlands (2%)
  • United Kingdom (2%)
  • China (1%)

Industry Focus

  • Biotechnology
  • Health Care
  • Pharmaceutical
  • Therapeutics
  • Biopharma
  • Medical
  • Life Science
  • Medical Device
  • Oncology
  • Precision Medicine
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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 venBio Partners frequently co-invest with?

OrbiMed
North America, New York, United States, New York
Co-Investments: 14
Sofinnova Investments
North America, California, United States, Menlo Park
Co-Investments: 12
Surveyor Capital
North America, Illinois, United States, Chicago
Co-Investments: 11
CA
North America, Massachusetts, United States, Boston
Co-Investments: 20
Samsara BioCapital
North America, California, United States, Palo Alto
Co-Investments: 12
Perceptive Advisors
North America, New York, United States, New York
Co-Investments: 9
Foresite Capital
North America, California, United States, San Francisco
Co-Investments: 10
Vivo Capital
North America, California, United States, Palo Alto
Co-Investments: 20
Logos Capital
North America, California, United States, San Francisco
Co-Investments: 11
Janus Henderson Investors
Europe, England, United Kingdom, London
Co-Investments: 10

Which angels does venBio Partners often collaborate with?

HT
Europe, Noord-Brabant, The Netherlands, Tilburg
Shared Deals: 1
AG
North America, New Jersey, United States, New Brunswick
Shared Deals: 1

What are some of recent deals done by venBio Partners?

Parabilis Medicines

Cambridge, Massachusetts, United States

Parabilis Medicines is a Grupo Bugio is a biopharmaceutical firm that specializes in creating medicines.

BiopharmaBiotechnologyHealth CareLife ScienceMedicalPharmaceuticalPrecision Medicine
Series FJan 8, 2026
Amount Raised: $305,000,000
Yarrow

New York, New York, United States

Yarrow is developing a first-in-class antibody targeting TSHR for the treatment of Graves’ disease and thyroid eye disease.

Business IntelligenceHealth CareMedical
Series UnknownDec 17, 2025
Amount Raised: $200,000,000
Aeovian Pharmaceuticals

San Francisco, California, United States

Aeovian Pharmaceuticals aims to discover, develop, and commercialize therapeutics for the treatment of rare and age-related diseases.

BiopharmaBiotechnologyHealth CarePharmaceutical
Series BDec 16, 2025
Amount Raised: $55,000,000
Attovia Therapeutics

San Carlos, California, United States

Attovia Therapeutics is a biologics platform specializing in biotherapeutics for immune-mediated diseases.

BiotechnologyHealth CareMedicalTherapeutics
Series CApr 15, 2025
Amount Raised: $90,000,000
35Pharma

Montreal, Quebec, Canada

35Pharma is a biopharmaceutical company that designs and develops innovative biologics for diseases of high unmet medical need.

BiopharmaBiotechnologyPharmaceutical
Series CNov 26, 2024
Amount Raised: $53,000,000
Axonis Therapeutics

Boston, Massachusetts, United States

Axonis Therapeutics is a neuro-focused biotechnology company that focuses on the development of novel neuromedicines.

BiotechnologyLife ScienceMedical
Series AOct 30, 2024
Amount Raised: $115,000,000
Vicebio

London, England, United Kingdom

Vicebio is committed to employing the Molecular Clamp Technology to create vaccines against next-generation respiratory viruses.

BiotechnologyMedical
Series BSep 23, 2024
Amount Raised: $100,000,000
Candid Therapeutics

San Diego, California, United States

Candid Therapeutics is a biotechnology company that focuses on the treatment of a range of immunological conditions.

BiotechnologyProduct ResearchTherapeutics
Series ASep 9, 2024
Amount Raised: $370,000,000
Marea Therapeutics

San Francisco, California, United States

Marea is a biotechnology firm that uses the advancements in human genetics next-generation medications for cardiometabolic illnesses.

BiotechnologyGeneticsLife Science
Series BJun 18, 2024
Amount Raised: $190,000,000
Attovia Therapeutics

Fremont, California, United States

Attovia Therapeutics develops a pipeline of biotherapeutics for immune-mediated diseases.

BiotechnologyHealth CareMedicalTherapeutics
Series BMay 9, 2024
Amount Raised: $105,000,000

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