# BioAdvance: portfolio, investments and team > BioAdvance is a vc firm based in United States. 23 investments on record, latest Nov 2023. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/bioadvance-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # BioAdvance Last cheque observed Nov 2023. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet VC firm Seed Series A Life-science Biotech Pharmaceutical Follow BioAdvance and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbioadvance-capital) Cheques on record **0%** of best year **0** **cheques in 12 months**, 23 on record Since the last cheque **1095** days **00** hrs **00** min **00** sec Median round **$11M** Rounds led **0 of 23** Sole investor **2 rounds** Exits **8 from the portfolio** Mostly in **United States, 100%** Pitch BioAdvance ## BioAdvance highlights - 01 23 rounds on record - 02 Mostly Series A and Series B: 73% of its rounds - 03 Sole investor in 2 rounds, median $500K - 04 8 exits from the portfolio ## What they do > BioAdvance Capital invests in early-stage, life-science companies in the Mid-Atlantic Region with the potential to enhance human well-being & quality of life. From their own website - **Type:** VC firm - **Cheque size:** Not stated - **Stages:** Seed Series A - **Sectors:** Life-science Biotech Pharmaceutical - **Based in:** Conshohocken, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **23 appearances** - **2023** 1 round - **Nov** **[Vittoria Biotherapeutics](https://millionrounds.com/company/vittoria-biotherapeutics)** US · Tellus BioVentures **$15M** With 7 others - **2019** 2 rounds - **Aug** **[Renovacor](https://millionrounds.com/company/renovacor)** Series A · US · FinSMEs **$11M** With 4 others - **May** **[Pillo Health](https://millionrounds.com/company/pillo-health)** Series A · US · FinSMEs **$11M** With 4 others - **2018** 1 round - **Dec** **[Halo Labs](https://millionrounds.com/company/halo-labs)** Series B · US · FinSMEs **$5.6M** With 4 others - **2017** 1 round - **Aug** **[VentaoRX](https://millionrounds.com/company/ventaorx)** Series B · US · FinSMEs **$42M** With 2 others - **2015** 2 rounds - **Jun** **[Cohero Health](https://millionrounds.com/company/coherohealth)** Seed **$2.0M** With 7 others - **Feb** **[Merganser Biotech](https://millionrounds.com/company/merganser-biotech)** Series A · US **$28M** With 4 others - **2014** 1 round - **Mar** **[WellTrackONE, Corporation](https://millionrounds.com/company/welltrackone-corporation)** Series A · US **$1.5M** With 2 others - **2013** 1 round - **Mar** **[Novira Therapeutics](https://millionrounds.com/company/novira-therapeutics)** Series A · US · fiercebiotech.com **$25M** With 6 others - **2012** 3 rounds - **Aug** **[Novira Therapeutics](https://millionrounds.com/company/novira-therapeutics)** Series A · US · finsmes.com **$23M** With 5 others - **Jul** **[Relmada Therapeutics](https://millionrounds.com/company/relmada-therapeutics)** Series A · US · finsmes.com **$3.0M** With 1 other - **Jun** **[Ceptaris Therapeutics](https://millionrounds.com/company/ceptaris-therapeutics)** Series D · US · finsmes.com **$10M** With 5 others - **2009** 1 round - **May** **[Avid Radiopharmaceuticals](https://millionrounds.com/company/avid-radiopharmaceuticals)** Series D · US · avidrp.com **$35M** With 7 others - **2008** 1 round - **Jul** **[NuPathe](https://millionrounds.com/company/nupathe)** Series B · US **$30M** With 6 others - **2007** 2 rounds - **May** **[Avid Radiopharmaceuticals](https://millionrounds.com/company/avid-radiopharmaceuticals)** Series C · US · avidrp.com **$26M** With 5 others - **Apr** **[StageMark](https://millionrounds.com/company/stagemark)** Series B · US · allbusiness.com **$1.6M** With 6 others - **2006** 2 rounds - **Nov** **[Yaupon Therapeutics](https://millionrounds.com/company/yaupon-therapeutics)** Series B · US **$4.0M** With 2 others - **Jan** **[Avid Radiopharmaceuticals](https://millionrounds.com/company/avid-radiopharmaceuticals)** Series A · US · avidrp.com **$8.9M** With 3 others - **2005** 4 rounds - **Aug** **[Protez Pharmaceuticals](https://millionrounds.com/company/protez-pharmaceuticals)** Series B **$15M** With 3 others - **Jul** **[Immune Control](https://millionrounds.com/company/immune-control)** Series A · US **$11M** With 3 others - **Jan** **[Melior Discovery](https://millionrounds.com/company/melior-discovery)** Seed · US · cmocro.com **$500K** Sole investor - **Jan** **[Avid Radiopharmaceuticals](https://millionrounds.com/company/avid-radiopharmaceuticals)** Seed · US · thefreelibrary.com **$500K** Sole investor - **2004** 1 round - **Oct** **[Acuity Pharmaceuticals](https://millionrounds.com/company/acuity-pharmaceuticals)** Series B · US **$15M** With 5 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 **10** 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 Loudmark 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 **8 in all** **[Novira Therapeutics](https://millionrounds.com/company/novira-therapeutics)** Bought by [Johnson & Johnson](https://millionrounds.com/fund/johnson-and-johnson) **Undisclosed** Nov 2015 **[NuPathe](https://millionrounds.com/company/nupathe)** Bought by Endo Health Solutions **$105M** Dec 2013 **[Ceptaris Therapeutics](https://millionrounds.com/company/ceptaris-therapeutics)** Bought by Actelion Pharmaceuticals **$250M** Jul 2013 **[Acuity Pharmaceuticals](https://millionrounds.com/company/acuity-pharmaceuticals)** Bought by [OPKO Health](https://millionrounds.com/fund/opko-health) **Undisclosed** Jun 2011 **[Avid Radiopharmaceuticals](https://millionrounds.com/company/avid-radiopharmaceuticals)** Bought by [Eli Lilly](https://millionrounds.com/fund/eli-lilly) **$800M** Nov 2010 **[NuPathe](https://millionrounds.com/company/nupathe)** Listed **Undisclosed** Aug 2010 **[Immune Control](https://millionrounds.com/company/immune-control)** Bought by Corridor Pharmaceuticals **Undisclosed** Jun 2010 **[Protez Pharmaceuticals](https://millionrounds.com/company/protez-pharmaceuticals)** Bought by [Novartis](https://millionrounds.com/fund/novartis) **$400M** Jun 2008 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Median round joined **$11M** the round, not its cheque Alone, median **$500K** Led 0 of 23 rounds **0%** - **Sole investor:** 2 rounds - **Last cheque:** Nov 2023 - **Exits:** 8 from the portfolio Rounds by stage said on their site - Series A said *9* - Series B *7* - Seed said *3* - Series D *2* - Series C *1* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Ben Franklin Technology Partners](https://millionrounds.com/fund/ben-franklin-technology-partners) 3 - [Lilly Ventures](https://millionrounds.com/fund/lilly-ventures) 3 - [Pfizer](https://millionrounds.com/fund/pfizer) 3 - [RK Ventures Group](https://millionrounds.com/fund/rk-ventures) 3 - [Safeguard Scientifics](https://millionrounds.com/fund/safeguard-scientifics) 3 - [5AM Ventures](https://millionrounds.com/fund/5am-ventures) 2 **Pitching BioAdvance?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as BioAdvance. A count of rooms they were both in, not a relationship either has claimed. [**Ben Franklin Technology Partners** Government **3** rounds together](https://millionrounds.com/fund/ben-franklin-technology-partners)[**Lilly Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/lilly-ventures)[**Pfizer** Corporate VC **3** rounds together](https://millionrounds.com/fund/pfizer)[**RK Ventures Group** VC firm **3** rounds together](https://millionrounds.com/fund/rk-ventures)[**Safeguard Scientifics** Private equity **3** rounds together](https://millionrounds.com/fund/safeguard-scientifics)[**5AM Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/5am-ventures)[**AllianceBernstein** VC firm **2** rounds together](https://millionrounds.com/fund/alliancebernstein)[**Birchmere Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/birchmere-ventures)[**Canaan** VC firm **2** rounds together](https://millionrounds.com/fund/canaan-partners)[**Delaware Crossing Investor** Angel network **2** rounds together](https://millionrounds.com/fund/delaware-crossing-investor-group)[**Mid Atlantic Angel Fund** VC firm **2** rounds together](https://millionrounds.com/fund/mid-atlantic-angel-fund)[**Novartis Venture Fund** Corporate VC **2** rounds together](https://millionrounds.com/fund/novartis-venture-fund) ## Recently backed The latest companies BioAdvance put money into. [**Pillo Health** $11M · May 2019](https://millionrounds.com/company/pillo-health)[**Halo Labs** $5.6M · Dec 2018](https://millionrounds.com/company/halo-labs) ## Quick answers about BioAdvance ### What does BioAdvance invest in? BioAdvance invests most often at Series A and Series B (73% of the rounds on record), in sectors such as Life-science, Biotech and Pharmaceutical. ### How active is BioAdvance? 23 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2023. ### What has BioAdvance invested in recently? Its most recent investments on record: Vittoria Biotherapeutics (Undisclosed round, Nov 2023), Renovacor (Series A, Aug 2019) and Pillo Health (Series A, May 2019). ### How big are BioAdvance's cheques? The median round it joins is $11M. ### Does BioAdvance lead rounds? Rarely, if at all: none of its 23 investments on record names it as the lead. ### Where does BioAdvance invest? Most of the companies it backs are in the United States (100%). ### Is BioAdvance investing now? No investments in the last 12 months; the latest was in Nov 2023. ### Who does BioAdvance invest alongside? Most often Ben Franklin Technology Partners (3 rounds together), Lilly Ventures (3 rounds together) and Pfizer (3 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=bioadvance-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=bioadvance-capital)