# Johnson & Johnson Innovation: portfolio, investments and team

> Johnson & Johnson Innovation is a growth equity. 24 investments on record, 2 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team.

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

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

# Johnson & Johnson Innovation

Last cheque observed Jun 2026; 24 cheques on record.

Email

Growth equity Deploying now

Series C Series A Series B Biotechnology Health Care

Follow Johnson & Johnson Innovation and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fjohnson-and-johnson-innovation)

Deploying now

**100%** of best year **2** **cheques in 12 months**, 24 on record

Since the last cheque **147** days **00** hrs **00** min **00** sec

Median round **$43M** Rounds led **1 of 24** Sole investor **2 rounds** Mostly in **United States, 54%**

Pitch Johnson & Johnson Innovation

## Johnson & Johnson Innovation highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Series C and Series A: 62% of its rounds
- 03 Sole investor in 2 rounds, median $69M

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Biotechnology Health Care
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **24 appearances**

- **2026** 2 rounds
- **Jun** **[SonoThera](https://millionrounds.com/company/sonothera)** Series B · US · Ventureburn **$125M** With 10 others
- **Jun** **[CereVasc](https://millionrounds.com/company/cerevasc)** Series C · US · Ventureburn **$85M** With 6 others
- **2021** 1 round
- **Aug** **[Iterative Scopes](https://millionrounds.com/company/iterative-scopes)** Series A · US · Firms' own news pages **$30M** With 5 others
- **2019** 8 rounds
- **Jun** **[Carbon](https://millionrounds.com/company/carbon)** US · FinSMEs **$260M** With 8 others
- **Jun** **[Blackthorn Therapeutics](https://millionrounds.com/company/blackthorn-therapeutics)** Series B · US · FinSMEs **$76M** With 11 others
- **May** **Techsomed** IL · En **$2.6M** *Led*
- **Apr** **[HistoSonics](https://millionrounds.com/company/histosonics)** Series C · US · Hatteras Venture Partners **$54M** With 5 others
- **Apr** **[Fusion Pharamaceuticals](https://millionrounds.com/company/fusion-pharamaceuticals)** Series B · CA · FinSMEs **$105M** With 11 others
- **Mar** **[Hyalex Orthopaedics](https://millionrounds.com/company/hyalex-orthopaedics)** Series A · US · FinSMEs **$33M** With 3 others
- **Mar** **[Inivata](https://millionrounds.com/company/inivata)** Series B · US · FinSMEs **$53M** With 4 others
- **Feb** **BiomX** Series B · IL · En **$32M** With 7 others
- **2018** 2 rounds
- **Jun** **Zebra Medical Vision** Series C · IL · FinSMEs **$30M** With 9 others
- **Apr** **V-Wave** Series C · IL · FinSMEs **$70M** With 10 others
- **2017** 3 rounds
- **Sept** **[XW Labs](https://millionrounds.com/company/xw-labs)** Series B · CN · FinSMEs **$17M** With 5 others
- **May** **[Hyalex Orthopaedics](https://millionrounds.com/company/hyalex-orthopaedics)** Series A · US · FinSMEs **$16M** With 1 other
- **May** **BiomX** Series A · IL · Prnewswire **$24M** With 4 others
- **2016** 2 rounds
- **Aug** **[CVRx](https://millionrounds.com/company/cvrx)** Series G · US · FinSMEs **$113M** Sole investor
- **Aug** **[Torax Medical](https://millionrounds.com/company/torax-medical)** Series E · US · FinSMEs **$25M** Sole investor
- **2015** 6 rounds
- **Nov** **[First Aid Shot Therapy](https://millionrounds.com/company/first-aid-shot-therapy)** Series C · US **$24M** With 4 others
- **Nov** **[PrEP Biopharm](https://millionrounds.com/company/prep-biopharm)** Series A · GB **$32M** With 1 other
- **Sept** **[Asceneuron](https://millionrounds.com/company/asceneuron)** Series A · CH **$31M** With 3 others
- **Apr** **[Merus](https://millionrounds.com/company/merus)** Series C · NL **$79M** With 10 others
- **Mar** **[Minerva Neuroscience](https://millionrounds.com/company/minerva-neuroscience)** US **$31M** With 5 others
- **Jan** **[Atlas Genetics](https://millionrounds.com/company/atlas-genetics)** Series C · GB **$20M** 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 **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.

## The cheque

Series C Series A Series B

Median round joined **$43M** the round, not its cheque Alone, median **$69M**

Led 1 of 24 rounds **4%**

- **Sole investor:** 2 rounds
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Series C *7*
- Series A *6*
- Series B *6*
- Series E *1*
- Series G *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) 4
- [OrbiMed](https://millionrounds.com/fund/orbimed) 3
- [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) 2
- [Alexandria Real Estate Equities](https://millionrounds.com/fund/alexandria) 2
- [Eli Lilly](https://millionrounds.com/fund/eli-lilly) 2
- [Lumira Ventures](https://millionrounds.com/fund/lumira-ventures) 2

**Pitching Johnson & Johnson Innovation?** 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 Johnson & Johnson Innovation. A count of rooms they were both in, not a relationship either has claimed.

[**Perceptive Advisors** Asset manager **4** rounds together](https://millionrounds.com/fund/perceptive-advisors)[**OrbiMed** Private equity **3** rounds together](https://millionrounds.com/fund/orbimed)[**ARCH Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/arch-venture-partners)[**Alexandria Real Estate Equities** VC firm **2** rounds together](https://millionrounds.com/fund/alexandria)[**Eli Lilly** Corporate VC **2** rounds together](https://millionrounds.com/fund/eli-lilly)[**Lumira Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/lumira-ventures)[**Mirae Asset** VC firm **2** rounds together](https://millionrounds.com/fund/mirae-asset)[**Novartis Venture Fund** Corporate VC **2** rounds together](https://millionrounds.com/fund/novartis-venture-fund)[**Sofinnova Investments** VC firm **2** rounds together](https://millionrounds.com/fund/sofinnova-investments)

## Recently backed

The latest companies Johnson & Johnson Innovation put money into.

[**SonoThera** $125M · Jun 2026](https://millionrounds.com/company/sonothera)[**CereVasc** $85M · Jun 2026](https://millionrounds.com/company/cerevasc)[**Iterative Scopes** $30M · Aug 2021](https://millionrounds.com/company/iterative-scopes)[**Carbon** $260M · Jun 2019](https://millionrounds.com/company/carbon)[**Blackthorn Therapeutics** $76M · Jun 2019](https://millionrounds.com/company/blackthorn-therapeutics)[**HistoSonics** $54M · Apr 2019](https://millionrounds.com/company/histosonics)

## Quick answers about Johnson & Johnson Innovation

### What does Johnson & Johnson Innovation invest in?

Johnson & Johnson Innovation invests most often at Series C and Series A (62% of the rounds on record), in sectors such as Biotechnology and Health Care.

### How active is Johnson & Johnson Innovation?

24 investments on record, 2 of them in the last 12 months, and it led 1. The most recent was in Jun 2026.

### What has Johnson & Johnson Innovation invested in recently?

Its most recent investments on record: SonoThera (Series B, Jun 2026), CereVasc (Series C, Jun 2026) and Iterative Scopes (Series A, Aug 2021).

### How big are Johnson & Johnson Innovation's cheques?

The median round it joins is $43M.

### Does Johnson & Johnson Innovation lead rounds?

Sometimes: it led 1 of its 24 investments on record (4%).

### Where does Johnson & Johnson Innovation invest?

Most of the companies it backs are in the United States (54%), Israel (21%) and the United Kingdom (8%).

### Is Johnson & Johnson Innovation investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does Johnson & Johnson Innovation invest alongside?

Most often Perceptive Advisors (4 rounds together), OrbiMed (3 rounds together) and ARCH Venture Partners (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=johnson-and-johnson-innovation) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=johnson-and-johnson-innovation)