# BVF Partners' Biotech Investments: 11 Startups in Its Portfolio (2026) > The 11 Biotech startups BVF Partners has backed, by stage: $2.7B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/bvf-partners-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Series B 5 - [Akero Therapeutics](https://millionrounds.com/company/akero-therapeutics) - [SpringWorks Therapeutics](https://millionrounds.com/company/springworks-therapeutics) - [Contraline](https://millionrounds.com/company/contraline) - [*I* Ideaya](https://millionrounds.com/company/ideaya) - [*PT* Prevail Therapeutics](https://millionrounds.com/company/prevail-therapeutics) ## Series C and later 4 - [Arcus Biosciences](https://millionrounds.com/company/arcus-biosciences) - [Protagonist Therapeutics](https://millionrounds.com/company/protagonist-therapeutics) - [AnaptysBio](https://millionrounds.com/company/anaptysbio) - [*BD* Black Diamon Therapeutics](https://millionrounds.com/company/black-diamon-therapeutics) ## Stage not reported 2 - [Phathom Pharmaceuticals](https://millionrounds.com/company/phathom-pharmaceuticals) - [Dren Bio](https://millionrounds.com/company/dren-bio) ## Segment by segment ### Series B 5 startups · $1.1B raised - [**Akero Therapeutics**](https://millionrounds.com/company/akero-therapeutics) Akero Therapeutics is a biotechnology company focused on reversing the NASH epidemic by restoring the body’s metabolism to a balanced state. United States $502M - [**SpringWorks Therapeutics**](https://millionrounds.com/company/springworks-therapeutics) SpringWorks Therapeutics is a biopharmaceutical company that develops medicines for patients with severe rare diseases and cancer. United States $400M - [**Contraline**](https://millionrounds.com/company/contraline) Contraline is a clinical-stage biotechnology company based in Charlottesville, Virginia, founded in 2015. United States $100M - [*I* **Ideaya**](https://millionrounds.com/company/ideaya) United States $94M - [*PT* **Prevail Therapeutics**](https://millionrounds.com/company/prevail-therapeutics) United States $50M ### Series C and later 4 startups · $686M raised - [**Arcus Biosciences**](https://millionrounds.com/company/arcus-biosciences) Arcus Biosciences is a biopharmaceutical company that discovers, develops, and commercializes novel therapies for the treatment of cancer. United States $427M - [**Protagonist Therapeutics**](https://millionrounds.com/company/protagonist-therapeutics) Protagonist Therapeutics is a clinical-stage biopharmaceutical company with a proprietary technology platform focused on discoveri Australia $89M - [**AnaptysBio**](https://millionrounds.com/company/anaptysbio) AnaptysBio ($ANAB) is a clinical-stage biotechnology company focused on transforming patient health by discovering and developing United States $85M - [*BD* **Black Diamon Therapeutics**](https://millionrounds.com/company/black-diamon-therapeutics) United States $85M ### Stage not reported 2 startups · $905M raised - [**Phathom Pharmaceuticals**](https://millionrounds.com/company/phathom-pharmaceuticals) Phathom Pharmaceuticals is a biopharmaceutical company. United States $530M - [**Dren Bio**](https://millionrounds.com/company/dren-bio) Dren Bio focuses on protein engineering technologies for depletion of cells, protein aggregates, and other disease-causing agents. United States $375M **How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names BVF Partners as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Co-investors **Who invests with BVF Partners** 17 co-investors](https://millionrounds.com/portfolio-maps/bvf-partners-co-investors)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)[Sector portfolio **Andreessen Horowitz's AI portfolio** 259 startups · $426B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-ai-portfolio)[Sector portfolio **General Catalyst's AI portfolio** 226 startups · $179B](https://millionrounds.com/portfolio-maps/general-catalyst-ai-portfolio)[Sector portfolio **Sequoia Capital's AI portfolio** 209 startups · $543B](https://millionrounds.com/portfolio-maps/sequoia-capital-ai-portfolio) ## Raising from investors like BVF Partners? Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports. [Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)