# Correlation Ventures' Biotech Investments: 15 Startups in Its Portfolio (2026) > The 15 Biotech startups Correlation Ventures has backed, by stage: $1.4B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/correlation-ventures-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Series B 5 - [Galera Therapeutics](https://millionrounds.com/company/galera-therapeutics) - [Annexon Biosciences](https://millionrounds.com/company/annexon-biosciences) - [Scout Bio](https://millionrounds.com/company/scout-bio) - [Prose](https://millionrounds.com/company/prose) - [Spirox](https://millionrounds.com/company/spirox) ## Stage not reported 3 - [Janux Therapeutics](https://millionrounds.com/company/janux-therapeutics) - [Trefoil Therapeutics](https://millionrounds.com/company/trefoil-therapeutics) - [Nerio Therapeutics](https://millionrounds.com/company/nerio-therapeutics) ## Series C and later 3 - [Luma Health](https://millionrounds.com/company/luma-health) - [*P* PowerVision](https://millionrounds.com/company/powervision) - [Synthorx](https://millionrounds.com/company/synthorx) ## Pre-seed and seed 2 - [Onward](https://millionrounds.com/company/onward) - [Mural Health](https://millionrounds.com/company/mural-health) ## Series A 2 - [*TT* Trefoil Therapueitcs](https://millionrounds.com/company/trefoil-therapueitcs) - [LQ3 Pharmaceuticals](https://millionrounds.com/company/lq3-pharmaceuticals) ## Segment by segment ### Series B 5 startups · $498M raised - [**Galera Therapeutics**](https://millionrounds.com/company/galera-therapeutics) Galera Therapeutics develops therapeutic agents for preventing damage to normal tissues during the radiation treatment of cancer. United States $219M - [**Annexon Biosciences**](https://millionrounds.com/company/annexon-biosciences) Annexon Biosciences is a biotech company, discovering and developing novel therapeutics for neurodegenerative and autoimmune disorders. United States $180M - [**Scout Bio**](https://millionrounds.com/company/scout-bio) Scout Bi is a biotechnology company that specializes in veterinary, animal health, and gene therapy. United States $53M - [**Prose**](https://millionrounds.com/company/prose) Prose is a made-to-order haircare and skincare company that specializes in creating customized products tailored to individual needs. United States $23M - [**Spirox**](https://millionrounds.com/company/spirox) Spirox is a medical device company improving the quality of life for patients suffering from nasal obstruction. United States $23M ### Stage not reported 3 startups · $386M raised - [**Janux Therapeutics**](https://millionrounds.com/company/janux-therapeutics) Janux Therapeutics develops immunotherapies that generates immune responses to prevent tumors and not affecting a patient’s healthy tissue. United States $350M - [**Trefoil Therapeutics**](https://millionrounds.com/company/trefoil-therapeutics) Trefoil is a biotechnology company that brings forward novel engineered FGF-1 compounds to treat endothelial cell mediated diseases. United States $33M - [**Nerio Therapeutics**](https://millionrounds.com/company/nerio-therapeutics) Nerio Therapeutics is a biotechnology company focused on the life sciences sector. United States $3.5M ### Series C and later 3 startups · $339M raised - [**Luma Health**](https://millionrounds.com/company/luma-health) Luma Health is a healthcare technology company founded in 2015 and based in San Mateo, California. United States $152M - [*P* **PowerVision**](https://millionrounds.com/company/powervision) PowerVision is a device company developing implantable intraocular lenses. United States $108M - [**Synthorx**](https://millionrounds.com/company/synthorx) Synthorx is a biotechnology company using synthetic biology to synthesize solutions. United States $79M ### Pre-seed and seed 2 startups · $135M raised - [**Onward**](https://millionrounds.com/company/onward) Onward is a customer service automation platform that creates a range of automated customer service and sales tools for business usage. Netherlands $122M - [**Mural Health**](https://millionrounds.com/company/mural-health) Mural Health is a clinical trials technology company founded in 2022 and based in Berwyn, Pennsylvania. United States $13M ### Series A 2 startups · $38M raised - [*TT* **Trefoil Therapueitcs**](https://millionrounds.com/company/trefoil-therapueitcs) United States $28M - [**LQ3 Pharmaceuticals**](https://millionrounds.com/company/lq3-pharmaceuticals) LQ3 Pharmaceuticals, Inc. United States $10M **How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names Correlation Ventures 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) [Sector portfolio **Correlation Ventures' AI portfolio** 31 startups · $1.1B](https://millionrounds.com/portfolio-maps/correlation-ventures-ai-portfolio)[Sector portfolio **Correlation Ventures' Fintech portfolio** 23 startups · $2.7B](https://millionrounds.com/portfolio-maps/correlation-ventures-fintech-portfolio)[Sector portfolio **Correlation Ventures' Healthtech portfolio** 20 startups · $447M](https://millionrounds.com/portfolio-maps/correlation-ventures-healthtech-portfolio)[Sector portfolio **Correlation Ventures' Big Data & Analytics portfolio** 17 startups · $412M](https://millionrounds.com/portfolio-maps/correlation-ventures-big-data-analytics-portfolio)[Sector portfolio **Correlation Ventures' IT Services portfolio** 10 startups · $49M](https://millionrounds.com/portfolio-maps/correlation-ventures-it-services-portfolio)[Co-investors **Who invests with Correlation Ventures** 217 co-investors](https://millionrounds.com/portfolio-maps/correlation-ventures-co-investors) ## Raising from investors like Correlation Ventures? 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