United States · Investor

Bay City Capital

Last cheque observed Jul 2017. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietNew fund $1.5M, Feb 2018VC firm

SeedSeries ASeries BLife Sciences

Cheques on record
0%of best year0cheques in 12 months, 76 on record
Since the last cheque3385days00hrs00min00sec
Median round$39MRounds led0 of 76Sole investor12 roundsExits20 from the portfolioMostly inUnited States, 88%
Pitch Bay City Capital

Bay City Capital highlights

  1. 01

    76 rounds on record

  2. 02

    Mostly Series A and Series B: 52% of its rounds

  3. 03

    Sole investor in 12 rounds, median $10M

  4. 04

    20 exits from the portfolio

What they do

5 venture capital funds $1.3 billion in capital commitments Invested in over 100 companies worldwideFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
Life Sciences
Based in
Dallas, United States
Cold pitches
Not accepted

The record

Every round we can evidence, newest first76 appearances

  1. 2017

    5 rounds

  2. Jul
    Kezar Life SciencesSeries B · US · FinSMEs$50MWith 7 others
  3. Jul
    Menlo TherapeuticsSeries C · US · FinSMEs$50MWith 7 others
  4. Jun
    Twist BiosciencesUS · FinSMEs$27MWith 5 others
  5. May
    Iterum TherapeuticsSeries B · IE · FinSMEs$65MWith 3 others
  6. Jan
    OculisCH · Endpts$20MWith 2 others
  7. 2016

    1 round

  8. Jul
    VtesseSeries A · US · FinSMEs$17MWith 2 others
  9. 2015

    1 round

  10. Apr
    MerusSeries C · NL$79MWith 10 others
  11. 2014

    6 rounds

  12. Dec
    Interleukin GeneticsUS$5.0MWith 1 other
  13. Sept
    SynGenDebt · US$2.0MSole investor
  14. Aug
    Civitas TherapeuticsSeries C · US$55MWith 11 others
  15. Aug
    DermiraSeries C · US$51MWith 7 others
  16. Jan
    VtesseSeries A · US$25MWith 4 others
  17. Jan
    OmiciaSeries A · US$6.8MWith 4 others
  18. 2013

    10 rounds

  19. Oct
    PharmAkea TherapeuticsSeries A · US · finsmes.com$10MSole investor
  20. Oct
    MerusSeries B · NL · finsmes.com$40MWith 4 others
  21. Oct
    CydanVenture · US · finsmes.com$10MWith 3 others
  22. Sept
    Civitas TherapeuticsSeries B · US · finsmes.com$38MWith 6 others
  23. Jul
    TRIA BeautyGrowth · US · pevc.dowjones.com$46MWith 6 others
  24. Jun
    DermiraSeries B · US · businesswire.com$35MWith 3 others
  25. May
    Interleukin GeneticsGrowth · US · bizjournals.com$12MSole investor
  26. Mar
    NabsysSeries D · US · sec.gov$35MWith 2 others
  27. Mar
    NevroSeries C · US · finsmes.com$48MWith 8 others
  28. Feb
    AviirSeries B · US · finsmes.com$10MWith 3 others
  29. 2012

    3 rounds

  30. Nov
    AscendancyUSUndisclosedSole investor
  31. Apr
    SynGenSeries A · US · bizjournals.com$5.0MSole investor
  32. Feb
    AltheosSeries A · US · fiercebiotech.com$13MWith 2 others
  33. 2011

    6 rounds

  34. Dec
    AviirSeries B · US · pehub.com$10MWith 3 others
  35. Oct
    DermiraSeries A · US · finsmes.com$42MWith 2 others
  36. Jul
    NevroVenture · US · finsmes.com$58MWith 6 others
  37. Jun
    AviirVenture · US · sec.gov$3.0MWith 2 others
  38. Feb
    Conatus PharmaceuticalsSeries B · US · pharmalive.com$20MWith 5 others
  39. Jan
    NextWave PharmaceuticalsSeries C · US · finsmes.com$45MWith 7 others
  40. 2010

    6 rounds

  41. Nov
    Accriva DiagnosticsSeries A · USUndisclosedSole investor
  42. Oct
    IDEV TechnologiesSeries D · US · finsmes.com$46MWith 4 others
  43. Apr
    AltheosSeries A · US · fiercebiotech.com$20MWith 4 others
  44. Mar
    Ion TorrentSeries C · US$37MSole investor
  45. Jan
    MerusSeries B · NL · merus.nl$30MWith 3 others
  46. Jan
    AviirVenture · US · deals.venturebeat.com$4.2MWith 2 others
  47. 2009

    8 rounds

  48. Nov
    CymaBay TherapeuticsVenture · US · metabolex.com$8.6MWith 11 others
  49. Nov
    Calypso MedicalSeries E · US · onbiovc.com$50MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration1 named

CGCarl Goldfischer, MDManaging Director of the Managing MemberiFiling they signed

We also hold 9 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What they claim to have backed

From their own portfolio page (on their website)

0 of 1 we have independently watched raise

Browsehappy

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed20 in all

Hyperion TherapeuticsBought by Horizon Pharma$1.1BMar 2015
Civitas TherapeuticsBought by Acorda Therapeutics$525MSept 2014
Aciex TherapeuticsBought by NicOx$120MJul 2014
NuPatheBought by Endo Health Solutions$105MDec 2013
IDEV TechnologiesBought by Abbott Labs$310MJul 2013
PTC TherapeuticsListed$125MJun 2013
Conatus PharmaceuticalsListed$69MJun 2013
EpizymeListed$60MMay 2013
MAP PharmaceuticalsBought by Allergan$958MJan 2013
EpocratesBought by AthenahealthUndisclosedJan 2013
NextWave PharmaceuticalsBought by PfizerUndisclosedOct 2012
Aragon SurgicalBought by AesculapUndisclosedSept 2011
Calypso MedicalBought by Varian Medical SystemsUndisclosedSept 2011
EpocratesListedUndisclosedFeb 2011
Ion TorrentBought by Life Technologies$725MAug 2010
NuPatheListedUndisclosedAug 2010
PharmionBought by Celgene$2.9BNov 2007
SyrrxBought by Takeda Pharmaceutical$270MFeb 2005

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Bay City Capital. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Bay City Capital put money into.

Quick answers about Bay City Capital

What does Bay City Capital invest in?

Bay City Capital invests most often at Series A and Series B (52% of the rounds on record), in sectors such as Life Sciences.

How active is Bay City Capital?

76 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2017.

What has Bay City Capital invested in recently?

Its most recent investments on record: Kezar Life Sciences (Series B, Jul 2017), Menlo Therapeutics (Series C, Jul 2017) and Twist Biosciences (Undisclosed round, Jun 2017).

How big are Bay City Capital's cheques?

The median round it joins is $39M.

Does Bay City Capital lead rounds?

Rarely, if at all: none of its 76 investments on record names it as the lead.

Where does Bay City Capital invest?

Most of the companies it backs are in the United States (88%) and the Netherlands (8%).

Is Bay City Capital investing now?

No investments in the last 12 months; the latest was in Jul 2017.

Who does Bay City Capital invest alongside?

Most often Aberdare Ventures (13 rounds together), New Enterprise Associates (10 rounds together) and New Leaf Venture Partners (8 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it