# Gates Foundation: portfolio, investments and team

> Gates Foundation is an institutional lp based in United States. 59 investments on record, 5 in the last 12 months, latest Aug 2026.

Source: https://millionrounds.com/fund/bill-and-melinda-gates-foundation (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Gates Foundation

Last cheque observed Aug 2026; 59 cheques on record.

Deploying now Institutional LP

Grant Growth Pre-IPO Advanced Materials AgTech (FarmTech) Augmented Reality

Deploying now

**100%** of best year **5** **cheques in 12 months**, 59 on record

Since the last cheque **68** days **00** hrs **00** min **00** sec

Median round **$21M** Rounds led **2 of 59** Sole investor **22 rounds** Exits **1 from the portfolio** Mostly in **United States, 63%**

Pitch Gates Foundation

## Gates Foundation highlights

- 01 5 cheques in the last 12 months
- 02 Mostly Grant and Series A: 63% of its rounds
- 03 Sole investor in 22 rounds, median $3.5M
- 04 1 exits from the portfolio

## What they do

> We are a nonprofit fighting poverty, disease, and inequity around the world. From their own website

- **Type:** Institutional LP
- **Cheque size:** Not stated
- **Stages:** Grant Growth Pre-IPO Pre-seed Seed Series A Series B
- **Sectors:** Advanced Materials AgTech (FarmTech) Augmented Reality
- **Based in:** Seattle, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **59 appearances**

- **2026** 4 rounds
- **Aug** **[Nybro](https://millionrounds.com/company/nybro)** Seed · AU · Startup Daily **$14M** With 4 others
- **May** **[Kanvas Biosciences](https://millionrounds.com/company/kanvas-biosciences)** Series A · US · Firms' own news pages **$48M** With 6 others
- **Apr** **[PlasmaLeap Technologies](https://millionrounds.com/company/plasmaleap-technologies)** Series A · AU · Hort Innovation Investment Fund **$21M** With 9 others
- **Mar** **[PlasmaLeap Technologies](https://millionrounds.com/company/plasmaleap-technologies)** Series A · AU · Ventureburn **$20M** *Led*
- **2025** 3 rounds
- **Oct** **[ENA Respiratory](https://millionrounds.com/company/ena-respiratory)** Series B · AU · Startup Daily **$22M** With 4 others
- **Jan** **[SeamlessHR](https://millionrounds.com/company/seamlesshr)** Series A · NG · Disrupt Africa **$9.0M** With 1 other
- **Jan** **[Owlstone Medical](https://millionrounds.com/company/owlstone-medical)** Series E · GB · Firms' own news pages **$27M** With 3 others
- **2024** 1 round
- **Apr** **[Owlstone Medical](https://millionrounds.com/company/owlstone-medical)** GB · Firms' own news pages **$6.5M** Sole investor
- **2019** 2 rounds
- **May** **[Vedanta Biosciences](https://millionrounds.com/company/vedanta-biosciences)** Series C · US · Businesswire **$46M** With 8 others
- **Jan** **[Lyndra Therapeutics](https://millionrounds.com/company/lyndra-therapeutics)** Series B · US · FinSMEs **$55M** With 4 others
- **2018** 5 rounds
- **Dec** **[Vedanta Biosciences](https://millionrounds.com/company/vedanta-biosciences)** Series C · US · FinSMEs **$27M** With 5 others
- **Sept** **[Butterfly](https://millionrounds.com/company/butterfly)** Series D · US · VentureBeat **$250M** With 2 others
- **Jun** **[Evolve BioSystems](https://millionrounds.com/company/evolve-biosystems)** Series C · US · FinSMEs **$40M** With 10 others
- **Jun** **[Stellapps](https://millionrounds.com/company/stellapps)** Series B · IN · YourStory **$14M** With 6 others
- **Jan** **[Schrödinger](https://millionrounds.com/company/schrodinger)** US · China Money Network **$85M** *Led*
- **2017** 4 rounds
- **Dec** **[Code.org](https://millionrounds.com/company/code-org)** Grant · US · TechCrunch **$12M** With 3 others
- **Oct** **[Visterra](https://millionrounds.com/company/visterra)** Series C · US · FinSMEs **$47M** With 5 others
- **Mar** **[Boragen](https://millionrounds.com/company/boragen)** Series A · US · FinSMEs **$10M** With 9 others
- **Jan** **[Kymab](https://millionrounds.com/company/kymab)** Grant · GB · FinSMEs **$9.0M** Sole investor
- **2016** 2 rounds
- **Dec** **[Univercells](https://millionrounds.com/company/univercells)** Grant · BE · FinSMEs **$12M** Sole investor
- **Jul** **[Just Biotherapeutics](https://millionrounds.com/company/just-biotherapeutics)** Series A · US · Businesswire **$14M** Sole investor
- **2015** 7 rounds
- **Nov** **[Atreca](https://millionrounds.com/company/atreca)** Series A · US **$56M** With 2 others
- **Nov** **[CureVac](https://millionrounds.com/company/curevac)** Series F · DE **$110M** With 6 others
- **Aug** **[AgBiome](https://millionrounds.com/company/agbiome)** Series B · US **$35M** With 1 other
- **Aug** **[Edcamp Foundation](https://millionrounds.com/company/edcamp-foundation)** Grant · US **$2.0M** Sole investor
- **Jul** **[Acrobatiq](https://millionrounds.com/company/acrobatiq)** Series A · US **$9.8M** With 3 others
- **Jun** **[Ceres Nanosciences](https://millionrounds.com/company/ceres-nanosciences)** Grant · US **$746K** Sole investor
- **Mar** **[CureVac](https://millionrounds.com/company/curevac)** Series E · DE **$52M** Sole investor
- **2014** 10 rounds
- **Oct** **[Uversity](https://millionrounds.com/company/uversity)** Venture · US **$660K** With 1 other
- **Oct** **[Synlogic](https://millionrounds.com/company/synlogic)** Series A · US **$5.0M** Sole investor
- **Sept** **[Genocea Biosciences](https://millionrounds.com/company/genocea-biosciences)** Grant · US **$1.2M** Sole investor
- **Sept** **[Oregon Health & Science University](https://millionrounds.com/company/oregon-health-and-science-university)** Grant · US **$25M** Sole investor
- **Jun** **[SomaLogic](https://millionrounds.com/company/somalogic)** Grant · US **$1.0M** Sole investor
- **May** **[Quill](https://millionrounds.com/company/quill)** Grant · US **$200K** Sole investor
- **May** **[Kymab](https://millionrounds.com/company/kymab)** Series B · GB **$40M** With 1 other
- **May** **[Sure Chill](https://millionrounds.com/company/sure-chill)** GB **$1.4M** Sole investor
- **Mar** **[IDRI (Infectious Disease Research Institute)](https://millionrounds.com/company/idri-infectious-disease-research-institute)** Grant · US **$3.4M** Sole investor
- **Mar** **[Firstmonie](https://millionrounds.com/company/firstmonie)** Grant · NG **$12M** Sole investor
- **2013** 9 rounds
- **Dec** **[EducationSuperHighway](https://millionrounds.com/company/educationsuperhighway)** Grant · US · techcrunch.com **$9.0M** With 1 other
- **Dec** **[Visterra](https://millionrounds.com/company/visterra)** Series A · US · finsmes.com **$8.1M** With 4 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

We hold **7** 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 6 we have independently watched raise

Discovery Center Ethics reporting Firefox Give with us Goalkeepers Vendors

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 listed **1 in all**

**[Logrado, Inc.](https://millionrounds.com/company/logrado-inc)** Bought by InsideTrack **Undisclosed** Apr 2014

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

## The cheque

Grant Growth Pre-IPO

Median round joined **$21M** the round, not its cheque Alone, median **$3.5M**

Led 2 of 59 rounds **3%**

- **Sole investor:** 22 rounds
- **Last cheque:** Aug 2026
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Grant said *20*
- Series A said *12*
- Series B said *7*
- Venture *6*
- Series C *6*
- Growth said *-*
- Pre-IPO said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [The Bill & Melinda Gates Foundation](https://millionrounds.com/fund/the-bill-and-melinda-gates-foundation) 6
- [Lux Capital](https://millionrounds.com/fund/lux-capital) 4
- [Polaris Partners](https://millionrounds.com/fund/polaris-partners) 4
- [Omega Funds](https://millionrounds.com/fund/omega-funds) 3
- [Retro Venture Partners](https://millionrounds.com/fund/retro-venture-partners) 3
- [Agnition ventures](https://millionrounds.com/fund/agnition-ventures) 2

**Pitching Gates Foundation?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**The Bill & Melinda Gates Foundation** Investment firm **6** rounds together](https://millionrounds.com/fund/the-bill-and-melinda-gates-foundation)[**Lux Capital** VC firm **4** rounds together](https://millionrounds.com/fund/lux-capital)[**Polaris Partners** VC firm **4** rounds together](https://millionrounds.com/fund/polaris-partners)[**Omega Funds** VC firm **3** rounds together](https://millionrounds.com/fund/omega-funds)[**Retro Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/retro-venture-partners)[**Agnition ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/agnition-ventures)[**Artesian VC** Asset manager **2** rounds together](https://millionrounds.com/fund/artesian)[**Auriga Partners** VC firm **2** rounds together](https://millionrounds.com/fund/auriga-partners)[**Bristol Myers Squibb** VC firm **2** rounds together](https://millionrounds.com/fund/bristol-myers-squibb)[**Cycad Group** Growth equity **2** rounds together](https://millionrounds.com/fund/cycad-group)[**Flagship Pioneering** VC firm **2** rounds together](https://millionrounds.com/fund/flagship-pioneering)[**Flagship Pioneering, LLC** VC firm **2** rounds together](https://millionrounds.com/fund/flagship-pioneering-llc)

## Recently backed

The latest companies Gates Foundation put money into.

[**Kanvas Biosciences** $48M · May 2026](https://millionrounds.com/company/kanvas-biosciences)[**PlasmaLeap Technologies** $21M · Apr 2026](https://millionrounds.com/company/plasmaleap-technologies)[**ENA Respiratory** $22M · Oct 2025](https://millionrounds.com/company/ena-respiratory)[**SeamlessHR** $9.0M · Jan 2025](https://millionrounds.com/company/seamlesshr)[**Owlstone Medical** $27M · Jan 2025](https://millionrounds.com/company/owlstone-medical)[**Vedanta Biosciences** $46M · May 2019](https://millionrounds.com/company/vedanta-biosciences)

## On podcasts

1 episode naming Gates Foundation in the title, and 4 more that mention it.

- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 6 Jan 2020 · 38 min 389. Interviews: Kosta Peric, Financial Services for the Poor, Gates Foundation Mentions [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation)[Jason Bates](https://millionrounds.com/person/jason-bates)[Laura Watkins](https://millionrounds.com/person/laura-watkins) *+1* Apple PodcastsShow page

### Mentioned in

- [TBPN](https://millionrounds.com/podcasts/tbpn) 22 May 2026 · 2h 2m Starship Launch, World's Fair Retrospective, Sacks Spikes AI EO | Dan Shipper, James Rogers Apple PodcastsShow page
- [The Biotech Startups Podcast](https://millionrounds.com/podcasts/biotech-startups) 18 May 2026 · 40 min 🧬 Betting on Women's Health | Sabrina Johnson (1/4) Apple PodcastsShow page
- [Masters of Scale](https://millionrounds.com/podcasts/masters-of-scale) 8 May 2025 · 42 min Replay: Bill Gates is ending his foundation, here’s how it began Apple Podcasts
- [The Healthtech Podcast](https://millionrounds.com/podcasts/healthtech-podcast) 17 Apr 2024 · 1h 7m #346 How technology can connect communities: a vision for ageing and care with Max Parmentier, CEO of Birdie Apple PodcastsShow page

## Quick answers about Gates Foundation

### What does Gates Foundation invest in?

Gates Foundation invests most often at Grant and Series A (63% of the rounds on record), in sectors such as Advanced Materials, AgTech (FarmTech) and Augmented Reality.

### How active is Gates Foundation?

59 investments on record, 5 of them in the last 12 months, and it led 2. The most recent was in Aug 2026.

### What has Gates Foundation invested in recently?

Its most recent investments on record: Nybro (Seed, Aug 2026), Kanvas Biosciences (Series A, May 2026) and PlasmaLeap Technologies (Series A, Apr 2026).

### How big are Gates Foundation's cheques?

The median round it joins is $21M.

### Does Gates Foundation lead rounds?

Sometimes: it led 2 of its 59 investments on record (3%).

### Where does Gates Foundation invest?

Most of the companies it backs are in the United States (63%), the United Kingdom (13%) and Australia (10%).

### Is Gates Foundation investing now?

Yes: it is actively investing, with 5 investments in the last 12 months.

### Who does Gates Foundation invest alongside?

Most often The Bill & Melinda Gates Foundation (6 rounds together), Lux Capital (4 rounds together) and Polaris Partners (4 rounds together).

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