What does Boxer Capital invest in?
Boxer Capital invests most often at Series C and Series B (69% of the rounds on record), in sectors such as Biotechnology and Precision Medicine.

United States · Investor
Last cheque observed Oct 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.
QuietVC firm
17 rounds on record
Mostly Series C and Series B: 69% of its rounds
Sole investor in 1 rounds, median $40M
Boxer Capital Management is a full life cycle investment firm, committed to fundamental, research-based investing in specialized and precision medicine companies across private and public markets.From their own website
Every round we can evidence, newest first17 appearances
1 round
8 rounds
5 rounds
1 round
2 rounds
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.
Named by the firm itself, on a filing, its Form ADV or its company registration5 named
We also hold 12 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.
From the firm's own filings with the SEC, which it must file accurately by law
Funds on its Form ADV
1 private fund, $2.5B in gross assets · filed Nov 2024
The investors most often in the same rounds as Boxer Capital. A count of rooms they were both in, not a relationship either has claimed.
The latest companies Boxer Capital put money into.
Boxer Capital invests most often at Series C and Series B (69% of the rounds on record), in sectors such as Biotechnology and Precision Medicine.
17 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2025.
Its most recent investments on record: Zag Bio (Series A, Oct 2025), Black Diamon Therapeutics (Series C, Dec 2019) and PMV Pharma (Series C, Nov 2019).
The median round it joins is $80M. It says it writes cheques of $100K to $5.0M.
Sometimes: it led 1 of its 17 investments on record (6%).
Most of the companies it backs are in the United States (88%) and Canada (13%).
No investments in the last 12 months; the latest was in Oct 2025.
Most often BVF Partners (6 rounds together), OrbiMed (4 rounds together) and RA Capital Management (4 rounds together).
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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