# Investors based in Bethesda (2026 list) > 81 investors based in Bethesda, 7% active in the last 12 months. Led by National Institutes of Health, Novak Biddle Venture Partners, Lockheed Martin. Source: https://millionrounds.com/lists/investors-based-in-bethesda (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors based in Bethesda Updated 7 November 2026 Firms with an address in Bethesda. A head office is a fact about the firm; where it invests is on its own page. [See all 81 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-bethesda)The top 25 **81** investors on the list No change this week **79** cheques in 12 months *-25%* against the market **$23M** median round they joined *+185%* against the market median **7%** wrote a cheque in 12 months **4%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (6) - 1 [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) *Deploying now* Government · United States **388** **$2.3M** median round **Oct 2026** last seen - 2 [Novak Biddle Venture Partners](https://millionrounds.com/fund/novak-biddle-venture-partners) quiet VC firm · United States **86** **$8M** median round **Jul 2015** last seen - 3 [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) *Deploying now* Corporate VC · United States **80** **$27M** median round **Oct 2026** last seen - 4 [Northpond Ventures](https://millionrounds.com/fund/northpond-ventures) *Deploying now* Private equity · United States **45** **$23M** median round **Oct 2026** last seen - 5 [CNF Investments](https://millionrounds.com/fund/cnf-investments) quiet VC firm · United States **26** **$5.1M** median round **Oct 2014** last seen - 6 [Columbia Partners Private Capital](https://millionrounds.com/fund/columbia-partners-private-capital) quiet Fund of funds · United States **21** **$16M** median round **Jul 2015** last seen - 7 [Epidarex Capital](https://millionrounds.com/fund/epidarex-capital) *Deploying now* VC firm · United States **15** **$28M** median round **Oct 2026** last seen - 8 [MidCap Financial](https://millionrounds.com/fund/midcap-financial) quiet Private credit · United States **9** **$25M** median round **Feb 2018** last seen - 9 [Global Environment Fund](https://millionrounds.com/fund/global-environment-fund) quiet Private equity · United States **8** **$2M** median round **May 2018** last seen - 10 [Rotunda Capital Partners](https://millionrounds.com/fund/rotunda-capital-partners) quiet Private equity · United States **5** **$23M** median round **Jan 2018** last seen - 11 [ImpactAssets](https://millionrounds.com/fund/impactassets) *Deploying now* VC firm · United States **4** **$37M** median round **Oct 2026** last seen - 12 [Cystic Fibrosis Foundation](https://millionrounds.com/fund/cystic-fibrosis-fo) quiet VC firm · United States **3** **$41M** median round **Aug 2025** last seen - 13 [Payment Ventures, LLC.](https://millionrounds.com/fund/payment-ventures-llc) quiet VC firm · United States **3** **$1.3M** median round **Oct 2013** last seen - 14 [Toucan Capital](https://millionrounds.com/fund/toucan-capital) quiet Growth equity · United States **3** **$8M** median round **Feb 2008** last seen - 15 [Marriott International](https://millionrounds.com/fund/marriott-international) quiet Corporate VC · United States **2** **$50M** median round **Aug 2019** last seen - 16 [Newmark Knight Frank](https://millionrounds.com/fund/newmark-knight-frank) quiet Growth equity · United States **2** **$40M** median round **May 2018** last seen - 17 [Azulito Fund](https://millionrounds.com/fund/azulito-fund) *Deploying now* Family office · United States **1** **$2.5M** median round **Jun 2026** last seen - 18 [Potomac Ventures (An Alumni Ventures Fund)](https://millionrounds.com/fund/potomac-ventures-an-alumni-ventures-fund) quiet VC firm · United States **1** **$3M** median round **Aug 2001** last seen - 19 [Signal Hill Equity Partners](https://millionrounds.com/fund/signal-hill-equity-partners) quiet Private equity · United States **1** **-** median round **Aug 2015** last seen - 20 [Terra Magnum Capital Partners](https://millionrounds.com/fund/terra-magnum-capital-partners) quiet Fund of funds · United States **1** **$75M** median round **Jun 2019** last seen - 21 [1788 Holdings, LLC](https://millionrounds.com/fund/1788-holdings-llc) unknown Family office · United States **none observed** **-** median round **-** last seen - 22 [ABO Agency Ventures](https://millionrounds.com/fund/abo-agency-ventures) unknown VC firm · United States **none observed** **-** median round **-** last seen - 23 [Adasel Global Partners LLC](https://millionrounds.com/fund/adasel-global-partners-llc) unknown Investment firm · United States **none observed** **-** median round **-** last seen - 24 [Blue Fire Equity](https://millionrounds.com/fund/blue-fire-equity) unknown Investment firm · United States **none observed** **-** median round **-** last seen - 25 [Briley Group](https://millionrounds.com/fund/briley-group) unknown Company · United States **none observed** **-** median round **-** last seen **56 more on this list** All 81 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 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-bethesda) ## The Newest Cheques Rounds this list's investors joined most recently - **30** Oct **[Dog Aging Project](https://millionrounds.com/company/dog-aging-project)** Grant · $29M *Led by* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) - **15** Oct **[OMass Therapeutics](https://millionrounds.com/company/omass-therapeutics)** Series C · $310M *With* [Northpond Ventures](https://millionrounds.com/fund/northpond-ventures) - **6** Oct **[RougeTx](https://millionrounds.com/company/rougetx)** Series A · $58M *With* [Epidarex Capital](https://millionrounds.com/fund/epidarex-capital) - **6** Oct **[Afterglow Climate Justice Fund](https://millionrounds.com/company/afterglow-climate-justice-fund)** Other · $72M *With* [ImpactAssets](https://millionrounds.com/fund/impactassets) - **5** Oct **[Living Optics](https://millionrounds.com/company/living-optics)** $20M *With* [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) - **8** Sept **[CloudNC](https://millionrounds.com/company/cloudnc)** Series B · $20M *With* [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) ## Stages This Year 79 rounds - Grant **34%** - Other **13%** - Venture **13%** - Series B **13%** - Series A **11%** - Other **16%** ## What They Backed Sectors, last 12 months - Biotech **32** - AI **14** - Healthcare **12** - Defence Tech **7** - Aerospace & Space **6** - Logistics **5** ## Cheques by Quarter Led Joined 25 Q1 25 29 Q2 25 28 Q3 25 31 Q4 25 19 Q1 26 25 Q2 26 23 Q3 26 5 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors based in London 4,496](https://millionrounds.com/lists/investors-based-in-london) - [Investors based in CA 3,746](https://millionrounds.com/lists/investors-based-in-ca) - [Investors based in NY 3,658](https://millionrounds.com/lists/investors-based-in-ny) - [Investors based in WA 2,473](https://millionrounds.com/lists/investors-based-in-wa) - [Investors based in San Francisco 2,377](https://millionrounds.com/lists/investors-based-in-san-francisco) - [Investors based in TX 2,250](https://millionrounds.com/lists/investors-based-in-tx) - [Investors based in Dubai 1,922](https://millionrounds.com/lists/investors-based-in-dubai) - [Investors based in Los Angeles 1,261](https://millionrounds.com/lists/investors-based-in-los-angeles) - [Investors based in Chicago 1,255](https://millionrounds.com/lists/investors-based-in-chicago) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors based in Bethesda ### Who are the most active investors based in Bethesda? By cheques observed, the most active are National Institutes of Health, Novak Biddle Venture Partners, Lockheed Martin, Northpond Ventures and CNF Investments. ### How many investors based in Bethesda are there? 81 are on record. 7% made an investment in the last 12 months and 4% have led a round. ### Which stages do investors based in Bethesda back? Of the rounds with a named stage in the last 12 months, mostly Grant (48%) and Series B (18%). ### How big are the rounds investors based in Bethesda join? The typical (median) round among the leading investors here is $23M. ### Which sectors do investors based in Bethesda back most? In the last 12 months, mostly Biotech, AI and Healthcare. ### Which investors based in Bethesda lead the most rounds? Northpond Ventures (8 led), National Institutes of Health (1 led) and Lockheed Martin (1 led). ### What have investors based in Bethesda invested in recently? Recent rounds include Dog Aging Project (Grant, Oct 2026, with National Institutes of Health), OMass Therapeutics (Series C, Oct 2026, with Northpond Ventures) and RougeTx (Series A, Oct 2026, with Epidarex Capital). ### How is this list of investors based in Bethesda ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)