# Franklin Templeton's Biotech Investments: 11 Startups in Its Portfolio (2026)

> The 11 Biotech startups Franklin Templeton has backed, by stage: $3.8B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/franklin-templeton-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Stage not reported

8

- [EQRx](https://millionrounds.com/company/eqrx)
- [Candid Therapeutics](https://millionrounds.com/company/candid-therapeutics)
- [Taysha Gene Therapies](https://millionrounds.com/company/taysha-gene-therapies)
- [Allogene Therapeutics](https://millionrounds.com/company/allogene-therapeutics)
- [Centessa Pharmaceuticals](https://millionrounds.com/company/centessa-pharmaceuticals)
- [True North Therapeutics](https://millionrounds.com/company/true-north-therapeutics)
- [Athira Pharma](https://millionrounds.com/company/athira-pharma)
- [Nautilus Biotechnology](https://millionrounds.com/company/nautilus-biotechnology)

## Series C and later

3

- [Lycia Therapeutics](https://millionrounds.com/company/lycia-therapeutics)
- [Metacrine](https://millionrounds.com/company/metacrine)
- [Benchling](https://millionrounds.com/company/benchling)

## Segment by segment

### Stage not reported

8 startups · $3.3B raised

- [**EQRx**](https://millionrounds.com/company/eqrx) EQRx is a biotechnology company that focuses on re-engineering the process of drug discovery to make them affordable. United States $1.2B
- [**Candid Therapeutics**](https://millionrounds.com/company/candid-therapeutics) Candid Therapeutics was a clinical-stage biotechnology company based in San Diego, California, founded in 2024. United States $875M
- [**Taysha Gene Therapies**](https://millionrounds.com/company/taysha-gene-therapies) Taysha Gene Therapies develops treatments to eradicate severe and life-threatening monogenic diseases of the central nervous system. United States $400M
- [**Allogene Therapeutics**](https://millionrounds.com/company/allogene-therapeutics) Allogene Therapeutics is a biotechnology company catalyzing cancer treatment through the development of CAR T therapy. United States $310M
- [**Centessa Pharmaceuticals**](https://millionrounds.com/company/centessa-pharmaceuticals) Centessa Pharmaceuticals is a pharmaceutical company that focuses on drug development to address significant medical needs. United States $250M
- [**True North Therapeutics**](https://millionrounds.com/company/true-north-therapeutics) True North Therapeutics is a pioneering biotechnology company selectively inhibiting the Complement pathway for diseases. United States $142M
- [**Athira Pharma**](https://millionrounds.com/company/athira-pharma) At Athira, we aim to restore neuronal health for those suffering from neurological diseases, including Alzheimer’s, Parkinson’s di United States $90M
- [**Nautilus Biotechnology**](https://millionrounds.com/company/nautilus-biotechnology) Nautilus Biotechnology is a life sciences company that develops a platform for analyzing and quantifying the human proteome. United States $1.6M

### Series C and later

3 startups · $517M raised

- [**Lycia Therapeutics**](https://millionrounds.com/company/lycia-therapeutics) Lycia Therapeutics is a clinical-stage biotechnology company based in South San Francisco, California. United States $182M
- [**Metacrine**](https://millionrounds.com/company/metacrine) Metacrine is a clinical-stage bio pharmaceutical company focused on building an innovative pipeline of best-in-class drugs. United States $173M
- [**Benchling**](https://millionrounds.com/company/benchling) Benchling is a cloud-based platform for biotechnology research and development and the only biology-first platform for scientific United States $162M

**How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names Franklin Templeton 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 **Franklin Templeton's AI portfolio** 27 startups · $49B](https://millionrounds.com/portfolio-maps/franklin-templeton-ai-portfolio)[Sector portfolio **Franklin Templeton's Fintech portfolio** 20 startups · $7.0B](https://millionrounds.com/portfolio-maps/franklin-templeton-fintech-portfolio)[Sector portfolio **Franklin Templeton's Web3 & Crypto portfolio** 15 startups · $1.4B](https://millionrounds.com/portfolio-maps/franklin-templeton-web3-crypto-portfolio)[Co-investors **Who invests with Franklin Templeton** 140 co-investors](https://millionrounds.com/portfolio-maps/franklin-templeton-co-investors)[Portfolio map **Franklin Templeton portfolio map** 107 startups · $102B](https://millionrounds.com/portfolio-maps/franklin-templeton-portfolio-map)[Sector portfolio **RA Capital Management's Biotech portfolio** 197 startups · $38B](https://millionrounds.com/portfolio-maps/ra-capital-management-biotech-portfolio)

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