Investor Lists

Corporate VCs backing Biotech

Updated 7 November 2026

Corporate VCs we have observed in a biotech round in the last two years.

89investors on the listNo change this week
643cheques in 12 months+16% against the market
$27Mmedian round they joined+238% against the market median
88%wrote a cheque in 12 months
47%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1Google VenturesDeploying nowCorporate VC · United States884$38Mmedian roundOct 2026last seen
  2. 2Samsung NextDeploying nowCorporate VC · United States311$15Mmedian roundNov 2026last seen
  3. 3Novartis Venture FundDeploying nowCorporate VC · Switzerland154$48Mmedian roundNov 2026last seen
  4. 4M VenturesDeploying nowCorporate VC · Switzerland143$15Mmedian roundSept 2026last seen
  5. 5Advantage CapitalDeploying nowCorporate VC · United States142$4.1Mmedian roundSept 2026last seen
  6. 6Sony Innovation FundDeploying nowCorporate VC · Japan142$10Mmedian roundSept 2026last seen
  7. 7SR OneDeploying nowCorporate VC · United States139$66Mmedian roundOct 2026last seen
  8. 8Eli LillyDeploying nowCorporate VC · United States137$56Mmedian roundNov 2026last seen
  9. 9Barclays VenturesDeploying nowCorporate VC · United Kingdom128$23Mmedian roundOct 2026last seen
  10. 10British Business BankDeploying nowCorporate VC · United Kingdom105$6.3Mmedian roundNov 2026last seen
  11. 11Hana VenturesDeploying nowCorporate VC · South Korea102$6.2Mmedian roundJul 2026last seen
  12. 12Nippon Venture CapitalDeploying nowCorporate VC · Japan95$2.9Mmedian roundJul 2026last seen
  13. 13Chiratae VenturesDeploying nowCorporate VC · India90$6.6Mmedian roundOct 2026last seen
  14. 14Rev1 VenturesDeploying nowCorporate VC · United States89$3Mmedian roundMar 2026last seen
  15. 15Unilever VenturesDeploying nowCorporate VC · United Kingdom89$8.2Mmedian roundSept 2026last seen
  16. 16PfizerDeploying nowCorporate VC · United States84$51Mmedian roundJun 2026last seen
  17. 17Lockheed MartinDeploying nowCorporate VC · United States80$27Mmedian roundOct 2026last seen
  18. 18Rainmatter by ZerodhaDeploying nowCorporate VC · India79$2.5Mmedian roundNov 2026last seen
  19. 19Bosch VenturesDeploying nowCorporate VC · Germany75$35Mmedian roundOct 2026last seen
  20. 20Axon Partners GroupDeploying nowCorporate VC · Spain72$5Mmedian roundJul 2026last seen
  21. 21Accenture VenturesDeploying nowCorporate VC · Ireland62$25Mmedian roundAug 2026last seen
  22. 22Aramco VenturesDeploying nowCorporate VC · Saudi Arabia60$27Mmedian roundSept 2026last seen
  23. 23Hitachi VenturesDeploying nowCorporate VC · Germany59$31Mmedian roundOct 2026last seen
  24. 24Boehringer Ingelheim Venture FundDeploying nowCorporate VC · Germany59$20Mmedian roundSept 2026last seen
  25. 25ICF CapitalDeploying nowCorporate VC · Spain58$1.4Mmedian roundOct 2026last seen
64 more on this list

All 89 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

See the whole list →

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Quick answers about corporate VCs backing Biotech

Who are the most active corporate VCs backing Biotech?

By cheques observed, the most active are Google Ventures, Samsung Next, Novartis Venture Fund, M Ventures and Advantage Capital.

How many corporate VCs backing Biotech are there?

89 are on record. 88% made an investment in the last 12 months and 47% have led a round.

Which stages do corporate VCs backing Biotech back?

Of the rounds with a named stage in the last 12 months, mostly Series A (22%) and Series B (21%).

How big are the rounds corporate VCs backing Biotech join?

The typical (median) round among the leading investors here is $15M.

Which sectors do corporate VCs backing Biotech back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

Which corporate VCs backing Biotech lead the most rounds?

Google Ventures (33 led), Novartis Venture Fund (5 led) and Barclays Ventures (5 led).

Where are corporate VCs backing Biotech based?

Among the most active, most are based in the United States (8), the United Kingdom (3) and Germany (3).

What have corporate VCs backing Biotech invested in recently?

Recent rounds include T-Therapeutics (Series B, Nov 2026, with British Business Bank), firmly (Series A, Nov 2026, with Samsung Next) and Anaheim Bio (Series A, Nov 2026, with Novartis Venture Fund).

Built from the rounds we watched, refreshed every night. How we count · Report a correction