# Frazier Life Sciences: portfolio, investments and team > Frazier Life Sciences is a vc firm based in United States. 9 investments on record, 6 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/frazier-life-sciences (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Frazier Life Sciences Last cheque observed Oct 2026; 9 cheques on record. Email Deploying now New fund $960M, Jun 2026 VC firm Series A Series B Series C Biotech Therapeutics Oncology Follow Frazier Life Sciences and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ffrazier-life-sciences) Deploying now **100%** of best year **6** **cheques in 12 months**, 9 on record Since the last cheque **8** days **00** hrs **00** min **00** sec Median round **$130M** Rounds led **6 of 9** Mostly in **United States, 50%** Pitch Frazier Life Sciences ## Frazier Life Sciences highlights - 01 6 cheques in the last 12 months - 02 Mostly Series A and Series B: 75% of its rounds - 03 Led 6 rounds ## What they do > Frazier Life Sciences is a longstanding biotech investment firm with venture and public strategies partnering with and building companies developing novel therapeutics. From their own website - **Type:** VC firm - **Cheque size:** Not stated - **Sectors:** Biotech Therapeutics Oncology - **Based in:** Seattle, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **9 appearances** - **2026** 5 rounds - **Oct** **[Zai Lab](https://millionrounds.com/company/zai-lab)** CN · Pulse 2.0 **$250M** With 10 others - **Jul** **[Crystalys Therapeutics](https://millionrounds.com/company/crystalys-therapeutics)** Series B · Frazier Life Sciences **$130M** *Led* - **Jun** **[RQ Bio](https://millionrounds.com/company/rq-bio)** Series A · GB · Frazier Life Sciences **$115M** *Led* - **Jun** **[cAMPfield Therapeutics, Inc.](https://millionrounds.com/company/campfield-therapeutics-inc)** Series A · US · Frazier Life Sciences **$180M** *Led* - **Apr** **[Sidewinder Therapeutics](https://millionrounds.com/company/sidewinder-therapeutics)** Series B · US · Ventureburn **$137M** *Led* - **2025** 3 rounds - **Nov** **[Aspen Neuroscience](https://millionrounds.com/company/aspen-neuroscience)** Series C · US · Ventureburn **$115M** *Led* - **Mar** **[Hillstar Bio](https://millionrounds.com/company/hillstar-bio)** Series A · US · Firms' own news pages **$67M** With 5 others - **Jan** **[Alesta Therapeutics](https://millionrounds.com/company/alesta-therapeutics)** Series A · NL · Firms' own news pages **$67M** *Led* - **2024** 1 round - **Nov** **[Alentis Therapeutics](https://millionrounds.com/company/alentis-therapeutics)** Series D · CH · Avego Management **$181M** With 11 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 registration **11 named** AD **Alan D. Frazier** Member of the Issuer's affiliated advisor, Frazier Management, L.L.C. i Filing they signed A(**Albert (nmn) Cha** Managing Member of the GP of the GP i Filing they signed DJ **Daniel J. Estes** Member of the General Partner of the General Partner i Filing they signed JB **James Brush** General Partner & Portfolio Manager i Form ADV JN **James Newman Topper** Member of the General Partner of the General Partner i Filing they signed JB **Jamie Brush** Managing Member of the GP of the GP i Filing they signed JT **Jamie Topper** Managing Member of the GP of the GP i Filing they signed ND **Nader D. Naini** Member of the Issuer's affiliated advisor, Frazier Management, L.L.C. i Filing they signed ND **Nathan D. Every** Member of the Issuer's affiliated advisor, Frazier Management, L.L.C. i Filing they signed PJ **Patrick James Heron** Member of the General Partner of the General Partner i Filing they signed SR **Steve Ray Bailey** Chief Financial Officer & Chief Compliance Officer i Form ADV We also hold **29** 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 the register says From the firm's own filings with the SEC, which it must file accurately by law **$7.0B** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Frazier LIFE Sciences Management, LP - **SEC number:** CRD 317522 Funds on its Form ADV **8** private funds, **$2.7B** in gross assets · filed Mar 2024 Private equity **3** Venture **3** Hedge **2** - Frazier Life Sciences Public Fund, L.P. *Hedge* 119 investors $900M - Frazier Life Sciences X, L.P. *Private equity* 72 investors $567M - Frazier Life Sciences IX, L.P. *Venture* 54 investors $404M - Frazier Life Sciences XI, L.P. *Venture* 99 investors $316M - Frazier Life Sciences Public Overage Fund, L.P. *Hedge* 61 investors $281M - Frazier Life Sciences VIII, L.P. *Venture* 45 investors $161M - Frazier Healthcare VII, L.P. *Private equity* 39 investors $57M - Frazier Healthcare VII-A, L.P. *Private equity* 5 investors $16M ## What they claim to have backed From their own portfolio page (on their website) **28** of 48 we have independently watched raise [35pharma](https://millionrounds.com/company/35pharma)[Acerta-pharma](https://millionrounds.com/company/acerta-pharma)[Alcresta](https://millionrounds.com/company/alcresta)[Alentis](https://millionrounds.com/company/alentis-therapeutics)[Alestatherapeutics](https://millionrounds.com/company/alesta-therapeutics)[Anaptysbio](https://millionrounds.com/company/anaptysbio)[Arcutis](https://millionrounds.com/company/arcutis-biotherapeutics)[Aspenneuroscience](https://millionrounds.com/company/aspen-neuroscience)[Bridgebio](https://millionrounds.com/company/bridgebio)[Cidara](https://millionrounds.com/company/cidara-therapeutics)[Deciphera](https://millionrounds.com/company/deciphera-pharmaceuticals)[Discmedicine](https://millionrounds.com/company/disc-medicine)[Erasca](https://millionrounds.com/company/erasca)[Gondolabio](https://millionrounds.com/company/gondolabio)[Gritstonebio](https://millionrounds.com/company/gritstone-bio)[Hillstarbio](https://millionrounds.com/company/hillstar-bio)[Hummingbirdbioscience](https://millionrounds.com/company/hummingbird-bioscience)[Immutrin](https://millionrounds.com/company/immutrin)[Inipharm](https://millionrounds.com/company/inipharm)[Newamsterdampharma](https://millionrounds.com/company/new-amsterdam-pharma)[Passagebio](https://millionrounds.com/company/passage-bio)[Phathompharma](https://millionrounds.com/company/phathom-pharmaceuticals)[Rapt](https://millionrounds.com/company/rapt)[Rigel](https://millionrounds.com/company/rigel)[Rqbiotechnology](https://millionrounds.com/company/rq-biotechnology)[Scoutbio](https://millionrounds.com/company/scout-bio)[Sidewinderbio](https://millionrounds.com/company/sidewinder-therapeutics)[Star-therapeutics](https://millionrounds.com/company/star-therapeutics) Adverum Airnexis Angitiabio Architecttherapeutics Attovia Braveheart Collegiumpharma Completepharmacysolutions Eyconis Kalvista Knipper Krystalbio Mbxbio Mirumpharma Orapharma Parabilismed Radionetics Scilexholding Sudobio Zemdri 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. New fund on file **$960M** raised in Jun 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Series A Series B Series C Median round joined **$130M** the round, not its cheque Led 6 of 9 rounds **67%** - **Sole investor:** Never alone - **Last cheque:** Oct 2026 Rounds by stage said on their site - Series A *4* - Series B *2* - Series C *1* - Series D *1* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Novo Holdings](https://millionrounds.com/fund/novo-ventures) 4 - [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) 3 - [OrbiMed](https://millionrounds.com/fund/orbimed) 3 - [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) 3 - [Wellington Management](https://millionrounds.com/fund/wellington-management) 3 - [Balyasny Asset Management L.p.](https://millionrounds.com/fund/balyasny-asset-management-2) 2 **Pitching Frazier Life Sciences?** 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 Frazier Life Sciences. A count of rooms they were both in, not a relationship either has claimed. [**Novo Holdings** VC firm **4** rounds together](https://millionrounds.com/fund/novo-ventures)[**Cormorant Asset Management** Private equity **3** rounds together](https://millionrounds.com/fund/cormorant-asset-management)[**OrbiMed** Private equity **3** rounds together](https://millionrounds.com/fund/orbimed)[**RA Capital Management** Private equity **3** rounds together](https://millionrounds.com/fund/ra-capital-management)[**Wellington Management** VC firm **3** rounds together](https://millionrounds.com/fund/wellington-management)[**Balyasny Asset Management L.p.** Private equity **2** rounds together](https://millionrounds.com/fund/balyasny-asset-management-2)[**Droia Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/droia-ventures)[**Forbion Capital Partners** Private equity **2** rounds together](https://millionrounds.com/fund/forbion-capital-partners)[**LifeArc Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/lifearc-ventures)[**Longitude Capital** VC firm **2** rounds together](https://millionrounds.com/fund/longitude-capital)[**RTW Investments LLC** Growth equity **2** rounds together](https://millionrounds.com/fund/rtw-investments-lp) ## Recently backed The latest companies Frazier Life Sciences put money into. [**Sidewinder Therapeutics** $137M · Apr 2026](https://millionrounds.com/company/sidewinder-therapeutics)[**Aspen Neuroscience** $115M · Nov 2025](https://millionrounds.com/company/aspen-neuroscience)[**Hillstar Bio** $67M · Mar 2025](https://millionrounds.com/company/hillstar-bio)[**Alesta Therapeutics** $67M · Jan 2025](https://millionrounds.com/company/alesta-therapeutics)[**Alentis Therapeutics** $181M · Nov 2024](https://millionrounds.com/company/alentis-therapeutics) ## Quick answers about Frazier Life Sciences ### What does Frazier Life Sciences invest in? Frazier Life Sciences invests most often at Series A and Series B (75% of the rounds on record), in sectors such as Biotech, Therapeutics and Oncology. ### How active is Frazier Life Sciences? 9 investments on record, 6 of them in the last 12 months, and it led 6. The most recent was in Oct 2026. ### What has Frazier Life Sciences invested in recently? Its most recent investments on record: Zai Lab (Undisclosed round, Oct 2026), Crystalys Therapeutics (Series B, Jul 2026) and RQ Bio (Series A, Jun 2026). ### How big are Frazier Life Sciences's cheques? The median round it joins is $130M. ### Does Frazier Life Sciences lead rounds? Yes: it led 6 of its 9 investments on record (67%). ### Where does Frazier Life Sciences invest? Most of the companies it backs are in the United States (50%), China (13%) and the United Kingdom (13%). ### Is Frazier Life Sciences investing now? Yes: it is actively investing, with 6 investments in the last 12 months. ### Who does Frazier Life Sciences invest alongside? Most often Novo Holdings (4 rounds together), Cormorant Asset Management (3 rounds together) and OrbiMed (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=frazier-life-sciences) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=frazier-life-sciences)