# HBM: portfolio, investments and team > HBM is a venture studio. 8 investments on record, latest Jan 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/hbm (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # HBM Last cheque observed Jan 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Venture studio Series B Series C Cheques on record **0%** of best year **0** **cheques in 12 months**, 8 on record Since the last cheque **2853** days **00** hrs **00** min **00** sec Median round **$69M** Rounds led **0 of 8** Mostly in **United States, 75%** Pitch HBM ## HBM highlights - 01 8 rounds on record - 02 Mostly Series B and Series C: 100% of its rounds ## What they do - **Type:** Venture studio (from a list, unverified) - **Cheque size:** Not stated - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **8 appearances** - **2019** 1 round - **Jan** **[Gynesonics](https://millionrounds.com/company/gynesonics)** US · FinSMEs **$75M** With 7 others - **2018** 3 rounds - **Oct** **[sphingotec](https://millionrounds.com/company/sphingotec)** DE · FinSMEs **$23M** With 1 other - **Sept** **[Galera Therapeutics](https://millionrounds.com/company/galera-therapeutics)** US · Endpts **$150M** With 5 others - **Apr** **[Corvidia](https://millionrounds.com/company/corvidia)** Series B · US · FinSMEs **$60M** With 8 others - **2017** 4 rounds - **Dec** **[Aptinyx](https://millionrounds.com/company/aptinyx)** Series B · US · FinSMEs **$70M** With 15 others - **Dec** **[Hookipa](https://millionrounds.com/company/hookipa)** Series C · AT · FinSMEs **$60M** With 8 others - **Aug** **[Armo Biosciences](https://millionrounds.com/company/armo-biosciences)** Series C · US · FinSMEs **$67M** With 10 others - **Aug** **[Homology Medicines](https://millionrounds.com/company/homology-medicines)** Series B · US · FinSMEs **$84M** With 7 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 **1** person 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. ## The cheque Series B Series C Median round joined **$69M** the round, not its cheque Led 0 of 8 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Jan 2019 Rounds by stage said on their site - Series B *3* - Series C *2* Cheques by year Led Joined 2017 2019 Often in the room with - [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) 2 **Pitching HBM?** 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 HBM. A count of rooms they were both in, not a relationship either has claimed. [**Sofinnova Investments** VC firm **2** rounds together](https://millionrounds.com/fund/sofinnova-investments) ## Recently backed The latest companies HBM put money into. [**sphingotec** $23M · Oct 2018](https://millionrounds.com/company/sphingotec)[**Galera Therapeutics** $150M · Sept 2018](https://millionrounds.com/company/galera-therapeutics)[**Aptinyx** $70M · Dec 2017](https://millionrounds.com/company/aptinyx)[**Hookipa** $60M · Dec 2017](https://millionrounds.com/company/hookipa)[**Homology Medicines** $84M · Aug 2017](https://millionrounds.com/company/homology-medicines) ## Quick answers about HBM ### What does HBM invest in? HBM invests most often at Series B and Series C (100% of the rounds on record). ### How active is HBM? 8 investments on record, 0 of them in the last 12 months. The most recent was in Jan 2019. ### What has HBM invested in recently? Its most recent investments on record: Gynesonics (Undisclosed round, Jan 2019), sphingotec (Undisclosed round, Oct 2018) and Galera Therapeutics (Undisclosed round, Sept 2018). ### How big are HBM's cheques? The median round it joins is $69M. ### Does HBM lead rounds? Rarely, if at all: none of its 8 investments on record names it as the lead. ### Where does HBM invest? Most of the companies it backs are in the United States (75%), Germany (13%) and Austria (13%). ### Is HBM investing now? No investments in the last 12 months; the latest was in Jan 2019. ### Who does HBM invest alongside? Most often Sofinnova Investments (2 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=hbm) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=hbm)