# Seed biotech investors (2026 list) > 553 seed biotech investors, 91% active in the last 12 months. Led by Y Combinator, Techstars, Sequoia Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/seed-biotech-investors (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Seed biotech investors Updated 7 November 2026 Firms we have watched take part in a seed round raised by a biotech company in the last two years. Both the stage and the sector are what they did, not what their website says. [See all 553 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseed-biotech-investors)The top 25 **553** investors on the list *+18* this week **10,888** cheques in 12 months *-13%* against the market **$6.9M** median round they joined *-14%* against the market median **91%** wrote a cheque in 12 months **46%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen - 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen - 3 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen - 4 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) *Deploying now* Government · United States **1,869** **$926K** median round **Sept 2026** last seen - 5 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen - 6 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen - 7 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen - 8 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen - 9 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen - 10 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen - 11 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen - 12 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen - 13 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen - 14 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen - 15 [SOSV](https://millionrounds.com/fund/sosv) *Deploying now* VC firm · United States **951** **$2.5M** median round **Nov 2026** last seen - 16 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen - 17 [Kima Ventures](https://millionrounds.com/fund/kima-ventures) *Deploying now* VC firm · France **859** **$4.2M** median round **Nov 2026** last seen - 18 [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) *Deploying now* VC firm · United States **834** **$875K** median round **Sept 2026** last seen - 19 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen - 20 [BoxGroup](https://millionrounds.com/fund/boxgroup) *Deploying now* VC firm · United States **773** **$18M** median round **Nov 2026** last seen - 21 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen - 22 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **740** **$37M** median round **Oct 2026** last seen - 23 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen - 24 [Greylock](https://millionrounds.com/fund/greylock-partners) *Deploying now* VC firm · United States **719** **$25M** median round **Oct 2026** last seen - 25 [Innovate UK](https://millionrounds.com/fund/innovate-uk) *Deploying now* VC firm · United Kingdom **704** **$1.2M** median round **Oct 2026** last seen **528 more on this list** All 553 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%2Fseed-biotech-investors) ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[URobotics](https://millionrounds.com/company/urobotics)** Series A · $30M *With* [Aju IB Investment](https://millionrounds.com/fund/aju-ib-investment) - **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital) - **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt) - **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel) - **5** Nov **[ArrayPatch](https://millionrounds.com/company/arraypatch)** Seed · $1.8M *Led by* [DeepIE Ventures](https://millionrounds.com/fund/deepie-ventures) - **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *Led by* [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) ## Stages This Year 6,681 rounds - Seed **22%** - Venture **21%** - Series A **15%** - Pre-seed **10%** - Series B **7%** - Other **25%** ## What They Backed Sectors, last 12 months - AI **2,438** - Biotech **681** - Healthcare **469** - Big Data & Analytics **319** - Fintech **304** - Energy **259** ## Cheques by Quarter Led Joined 3,220 Q1 25 3,205 Q2 25 3,532 Q3 25 3,653 Q4 25 3,466 Q1 26 2,969 Q2 26 2,448 Q3 26 615 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Seed AI investors 2,922](https://millionrounds.com/lists/seed-ai-investors) - [Series A AI investors 2,490](https://millionrounds.com/lists/series-a-ai-investors) - [Series B AI investors 1,557](https://millionrounds.com/lists/series-b-ai-investors) - [Pre-seed AI investors 1,286](https://millionrounds.com/lists/pre-seed-ai-investors) - [Growth AI investors 1,186](https://millionrounds.com/lists/growth-ai-investors) - [Series A fintech investors 950](https://millionrounds.com/lists/series-a-fintech-investors) - [Series C AI investors 930](https://millionrounds.com/lists/series-c-ai-investors) - [Seed fintech investors 925](https://millionrounds.com/lists/seed-fintech-investors) - [Series A biotech investors 650](https://millionrounds.com/lists/series-a-biotech-investors) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders in health and biotech - The Innovator's Prescription: A Disruptive Solution for Health Care Clayton M. Christensen · 2008 4.21 from 1,158 ratings on Goodreads Health and biotech Innovation Moats and competition About the book A groundbreaking prescription for health care reform--from a legendary leader in innovation... Our health care system is in critical condition. Each year, fewer Americans can afford it, fewer businesses can provide it, and fewer government programs can promise it for future… On AmazonListen on Audible - Where Does It Hurt?: An Entrepreneur's Guide to Fixing Health Care Jonathan Bush · 2014 3.78 from 598 ratings on Goodreads Health and biotech Company building Innovation About the book A bold new remedy for the sprawling and wasteful health care industry Where else but the doctor’s office do you have to fill out a form on a clipboard? Have you noticed that hospital bills are almost unintelligible, except for the absurdly high dollar amount? Why is it that… On AmazonListen on Audible - Ashes to Ashes: America's Hundred-Year Cigarette War, the Public Health, and the Unabashed Triumph of Philip Morris Richard Kluger · 1997 3.94 from 306 ratings on Goodreads Health and biotech Company building About the book Ashes to Ashes is a monumental history of the American tobacco industry’s ironic success in developing the cigarette, modern society’s most widespread instrument of self-destruction, into the nation’s most profitable consumer product. Starting with its energized, work-obsessed… On AmazonListen on Audible - The Kelloggs: The Battling Brothers of Battle Creek Howard Markel · 2017 3.87 from 969 ratings on Goodreads Health and biotech Company building About the book "What's more American than Corn Flakes?" --Bing Crosby From the much admired medical historian ("Markel shows just how compelling the medical history can be"--Andrea Barrett) and author of An Anatomy of Addiction ("Absorbing, vivid"--Sherwin Nuland, The New York Times Book… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=health&stage=seed). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about seed biotech investors ### Who are the most active seed biotech investors? By cheques observed, the most active are Y Combinator, Techstars, Sequoia Capital, National Science Foundation and Alumni Ventures. ### How many seed biotech investors are there? 553 are on record. 91% made an investment in the last 12 months and 46% have led a round. ### Which stages do seed biotech investors back? Of the rounds with a named stage in the last 12 months, mostly Seed (30%) and Series A (21%). ### How big are the rounds seed biotech investors join? The typical (median) round among the leading investors here is $5M. ### Which sectors do seed biotech investors back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which seed biotech investors lead the most rounds? Accel (103 led), General Catalyst (97 led) and Sequoia Capital (91 led). ### Where are seed biotech investors based? Most of the leading investors here are based in the United States (20 of the top 25); the rest in France and the United Kingdom. ### What have seed biotech investors invested in recently? Recent rounds include URobotics (Series A, Nov 2026, with Aju IB Investment), Physicl (Seed, Nov 2026, with Inovia Capital) and Ocient (Series C, Nov 2026, with In-Q-Tel). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)