# Wellcome Trust: portfolio, investments and team > Wellcome Trust is a government based in United Kingdom. 64 investments on record, latest Aug 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/wellcome-trust (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Investor](https://millionrounds.com/investors) # Wellcome Trust Last cheque observed Aug 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Government Seed Series A Series B Health-tech Pharmaceuticals Transcriptomics Cheques on record **0%** of best year **0** **cheques in 12 months**, 64 on record Since the last cheque **2638** days **00** hrs **00** min **00** sec Median round **$30M** Rounds led **0 of 64** Sole investor **13 rounds** Exits **9 from the portfolio** Mostly in **United States, 67%** Pitch Wellcome Trust ## Wellcome Trust highlights - 01 64 rounds on record - 02 Mostly Series B and Series C: 55% of its rounds - 03 Sole investor in 13 rounds, median $6.9M - 04 9 exits from the portfolio ## What they do - **Type:** Government (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth Pre-IPO - **Sectors:** Health-tech Pharmaceuticals Transcriptomics - **Based in:** London, United Kingdom - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **64 appearances** - **2019** 2 rounds - **Aug** **[Kineta](https://millionrounds.com/company/kineta)** US · FinSMEs **$1.8M** Sole investor - **Mar** **[Karuna Therapeutics](https://millionrounds.com/company/karuna-therapeutics)** Series B · US · FinSMEs **$68M** With 8 others - **2018** 4 rounds - **Nov** **[OMass](https://millionrounds.com/company/omass)** Series A · GB · Innovation **$18M** Sole investor - **Aug** **[Karuna Pharma](https://millionrounds.com/company/karuna-pharma)** Series A · US · FinSMEs **$42M** With 3 others - **Jun** **[Karuna](https://millionrounds.com/company/karuna)** US · FinSMEs **$8.0M** Sole investor - **Mar** **[DoorDash](https://millionrounds.com/company/doordash)** Series D · US · FinSMEs **$535M** With 2 others - **2015** 1 round - **Jan** **[Verne Global](https://millionrounds.com/company/verne-global)** Series D **$98M** With 3 others - **2014** 5 rounds - **Oct** **[Omniox](https://millionrounds.com/company/omniox)** Grant · US **$5.8M** Sole investor - **Aug** **[Airstrip Technologies](https://millionrounds.com/company/airstrip-technologies)** Venture · US **$25M** With 2 others - **May** **[Kymab](https://millionrounds.com/company/kymab)** Series B · GB **$40M** With 1 other - **Apr** **[Integrated Diagnostics](https://millionrounds.com/company/integrated-diagnostics)** Series B · US **$30M** With 2 others - **Apr** **[Phononic Devices](https://millionrounds.com/company/phononic-devices)** Series D · US **$45M** With 1 other - **2013** 3 rounds - **Nov** **[Biocartis](https://millionrounds.com/company/biocartis)** Series E · CH · finsmes.com **$39M** With 5 others - **Sept** **[Treventis](https://millionrounds.com/company/treventis)** Seed · US · finsmes.com **$4.4M** Sole investor - **May** **[Trino Therapeutics](https://millionrounds.com/company/trino-therapeutics)** Series A · IE · pevc.dowjones.com **$12M** With 1 other - **2012** 6 rounds - **Oct** **[Airstrip Technologies](https://millionrounds.com/company/airstrip-technologies)** Venture · US · pevc.dowjones.com **$10M** Sole investor - **Jul** **[Siluria Technologies](https://millionrounds.com/company/siluria-technologies)** Series C · US · marketwire.com **$30M** With 8 others - **Jul** **[Cell Medica](https://millionrounds.com/company/cell-medica)** GB · finsmes.com **$26M** With 2 others - **May** **[Castlight Health](https://millionrounds.com/company/castlight-health)** Series D · US · techcrunch.com **$100M** With 7 others - **Feb** **[Integrated Diagnostics](https://millionrounds.com/company/integrated-diagnostics)** Series A · US · integrated-diagnostics.com **$10M** With 1 other - **Feb** **[Radius Health](https://millionrounds.com/company/radius-health)** Series C · US · onbiovc.com **$21M** With 6 others - **2011** 8 rounds - **Dec** **[PTC Therapeutics](https://millionrounds.com/company/ptc-therapeutics)** Growth · US · finsmes.com **$5.0M** Sole investor - **Dec** **[Radius Health](https://millionrounds.com/company/radius-health)** Growth · US **$21M** With 6 others - **Nov** **[Sapiens](https://millionrounds.com/company/sapiens)** Series B · DE · finsmes.com **$13M** Sole investor - **Nov** **[Biocartis](https://millionrounds.com/company/biocartis)** Series C · CH · finsmes.com **$96M** With 2 others - **Sept** **[Siluria Technologies](https://millionrounds.com/company/siluria-technologies)** Series B · US · finsmes.com **$20M** With 6 others - **Jul** **[Radius Health](https://millionrounds.com/company/radius-health)** Series C · US · onbiovc.com **$66M** With 6 others - **Mar** **[Beyond Oblivion](https://millionrounds.com/company/beyond-oblivion)** Growth · US · paidcontent.org **$77M** With 1 other - **Feb** **[Wonga](https://millionrounds.com/company/wonga)** Series C · GB · eu.techcrunch.com **$117M** With 2 others - **2010** 6 rounds - **Oct** **[CellBiosciences](https://millionrounds.com/company/cellbiosciences)** Series F · US · xconomy.com **$20M** With 7 others - **Jul** **[Kymab](https://millionrounds.com/company/kymab)** Series A · GB · kymab.com **$30M** Sole investor - **Jun** **[Castlight Health](https://millionrounds.com/company/castlight-health)** Series C · US · freshnews.com **$60M** With 6 others - **Apr** **[Biota Holdings](https://millionrounds.com/company/biota-holdings)** Venture · AU **$423K** Sole investor - **Apr** **[Achaogen](https://millionrounds.com/company/achaogen)** Series C · US · pr-inside.com **$56M** With 6 others - **Jan** **[Nabriva Therapeutics](https://millionrounds.com/company/nabriva-therapeutics)** Series B · AT · onbiovc.com **$22M** With 7 others - **2009** 7 rounds - **Nov** **[Oxagen](https://millionrounds.com/company/oxagen)** Series C · GB · fiercebiotech.com **$27M** With 8 others - **Oct** **[Integrated Diagnostics](https://millionrounds.com/company/integrated-diagnostics)** Series A · US · onbiovc.com **$30M** With 1 other - **Oct** **[Pacific Biosciences](https://millionrounds.com/company/pacific-biosciences)** Series E · US · onbiovc.com **$68M** With 13 others - **Jun** **[Chroma Therapeutics](https://millionrounds.com/company/chroma-therapeutics)** Venture · GB **$25M** With 5 others - **Jun** **[VaxInnate](https://millionrounds.com/company/vaxinnate)** Series D · US · onbiovc.com **$30M** With 6 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 **4** 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. Funds they back ## 1 fund commitment on record - **Managers:** 1 Every fund on record that it has committed money to, and the managers who invest it. Source: fund news. Managers it backs most - [KHP Ventures 1 fund](https://millionrounds.com/fund/khp-ventures) Most recent commitments - [KHP Ventures Innovations in Mental Health (IMH) Fund](https://millionrounds.com/fund/khp-ventures) ## Exits from the portfolio Companies it backed that were later bought or listed **9 in all** **[Sapiens](https://millionrounds.com/company/sapiens)** Bought by [Medtronic](https://millionrounds.com/fund/medtronic) **$200M** Aug 2014 **[CellBiosciences](https://millionrounds.com/company/cellbiosciences)** Bought by Bio-Techne **Undisclosed** Jun 2014 **[Amplimmune](https://millionrounds.com/company/amplimmune)** Bought by [AstraZeneca](https://millionrounds.com/fund/astrazeneca) **$500M** Aug 2013 **[Five Prime Therapeutics](https://millionrounds.com/company/five-prime-therapeutics)** Listed **Undisclosed** Jul 2013 **[PTC Therapeutics](https://millionrounds.com/company/ptc-therapeutics)** Listed **$125M** Jun 2013 **[Aton Pharma](https://millionrounds.com/company/aton-pharma)** Bought by Valeant Pharmaceuticals International **$318M** May 2010 **[Fovea Pharmaceuticals](https://millionrounds.com/company/fovea-pharmaceuticals)** Bought by [Sanofi Aventis](https://millionrounds.com/fund/sanofi) **Undisclosed** Oct 2009 **[Sirtris Pharmaceuticals](https://millionrounds.com/company/sirtris-pharmaceuticals)** Bought by [GlaxoSmithKline](https://millionrounds.com/fund/glaxosmithkline) **$720M** Apr 2008 **[Ionix Pharmaceuticals](https://millionrounds.com/company/ionix-pharmaceuticals)** Bought by Vernalis **Undisclosed** Jul 2005 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$30M** the round, not its cheque Alone, median **$6.9M** Led 0 of 64 rounds **0%** - **Sole investor:** 13 rounds - **Last cheque:** Aug 2019 - **Exits:** 9 from the portfolio Rounds by stage said on their site - Series B said *14* - Series C *14* - Venture *9* - Series A said *9* - Series D *5* - Seed said *-* - Growth said *-* Cheques by year Led Joined 2003 2019 Often in the room with - [HealthCare Ventures](https://millionrounds.com/fund/healthcare-ventures-llc) 8 - [Abingworth](https://millionrounds.com/fund/abingworth) 7 - [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) 7 - [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) 5 - [BB Biotech Ventures](https://millionrounds.com/fund/bb-biotech-ventures) 5 - [Domain Associates](https://millionrounds.com/fund/domain-associates) 5 **Pitching Wellcome Trust?** 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 Wellcome Trust. A count of rooms they were both in, not a relationship either has claimed. [**HealthCare Ventures** Growth equity **8** rounds together](https://millionrounds.com/fund/healthcare-ventures-llc)[**Abingworth** VC firm **7** rounds together](https://millionrounds.com/fund/abingworth)[**MPM Capital** Private equity **7** rounds together](https://millionrounds.com/fund/mpm-bioimpact)[**ARCH Venture Partners** VC firm **5** rounds together](https://millionrounds.com/fund/arch-venture-partners)[**BB Biotech Ventures** Growth equity **5** rounds together](https://millionrounds.com/fund/bb-biotech-ventures)[**Domain Associates** VC firm **5** rounds together](https://millionrounds.com/fund/domain-associates)[**FLAG Capital Management, LLC** Growth equity **5** rounds together](https://millionrounds.com/fund/flag-capital-management-llc)[**InterWest Partners** VC firm **4** rounds together](https://millionrounds.com/fund/interwest-partners)[**Kleiner Perkins Caufield & Byers** VC firm **4** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**Venrock** VC firm **4** rounds together](https://millionrounds.com/fund/venrock)[**Alloy Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/alloy-ventures)[**Brookside Capital** Hedge fund **3** rounds together](https://millionrounds.com/fund/brookside-capital) ## Recently backed The latest companies Wellcome Trust put money into. [**DoorDash** $535M · Mar 2018](https://millionrounds.com/company/doordash) ## On podcasts 1 episode naming Wellcome Trust in the title, and 3 more that mention it. - [Masters of Scale](https://millionrounds.com/podcasts/masters-of-scale) 20 Jan 2022 · 28 min Rapid Response: Lessons of Omicron, w/Sir Jeremy Farrar, director of Wellcome Trust Mentions [Wellcome Trust](https://millionrounds.com/fund/wellcome-trust) Apple Podcasts ### Mentioned in - [BRAVE Southeast Asia Tech](https://millionrounds.com/podcasts/brave-southeast-asia) 12 Mar 2024 · 42 min Bernard Leong: Astrophysics PHD to Serial Founder, Disrupting Extractive Enterprise Resource Planning (ERP) Systems & Startup vs. Family Career Decisions - E393 Apple PodcastsShow page - [Masters of Scale](https://millionrounds.com/podcasts/masters-of-scale) 1 Mar 2022 · 50 min Need to Know, w/Reid & Bob: Ukraine reverberations, inflation volatility, lessons from Peloton, Theranos, Meta, & more Apple Podcasts - [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 13 Apr 2020 · 59 min Sandra Robertson – Oxford's Queen of Endowment Management (Capital Allocators, EP.130) Apple PodcastsShow page ## Quick answers about Wellcome Trust ### What does Wellcome Trust invest in? Wellcome Trust invests most often at Series B and Series C (55% of the rounds on record), in sectors such as Health-tech, Pharmaceuticals and Transcriptomics. ### How active is Wellcome Trust? 64 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2019. ### What has Wellcome Trust invested in recently? Its most recent investments on record: Kineta (Undisclosed round, Aug 2019), Karuna Therapeutics (Series B, Mar 2019) and OMass (Series A, Nov 2018). ### How big are Wellcome Trust's cheques? The median round it joins is $30M. ### Does Wellcome Trust lead rounds? Rarely, if at all: none of its 64 investments on record names it as the lead. ### Where does Wellcome Trust invest? Most of the companies it backs are in the United States (67%), the United Kingdom (18%) and Switzerland (5%). ### Is Wellcome Trust investing now? No investments in the last 12 months; the latest was in Aug 2019. ### Who does Wellcome Trust invest alongside? Most often HealthCare Ventures (8 rounds together), Abingworth (7 rounds together) and MPM Capital (7 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=wellcome-trust) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=wellcome-trust)