# Index Ventures' Biotech Investments: 12 Startups in Its Portfolio (2026) > The 12 Biotech startups Index Ventures has backed, by stage: $608M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/index-ventures-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Series B 7 - [Acutus Medical](https://millionrounds.com/company/acutus-medical) - [GenSight Biologics](https://millionrounds.com/company/gensight-biologics) - [Birdie](https://millionrounds.com/company/birdie) - [*CS* CareX SA](https://millionrounds.com/company/carex-sa) - [*M* Mind-NRG](https://millionrounds.com/company/mind-nrg) - [*O* OncoEthix](https://millionrounds.com/company/oncoethix) - [*FT* Funxional Therapeutics](https://millionrounds.com/company/funxional-therapeutics) ## Series A 3 - [*D* Daye](https://millionrounds.com/company/daye) - [*X* XO1](https://millionrounds.com/company/xo1) - [EnCare Biotech](https://millionrounds.com/company/encare-biotech) ## Stage not reported 2 - [Science Exchange](https://millionrounds.com/company/science-exchange) - [Sequenta](https://millionrounds.com/company/sequenta) ## Segment by segment ### Series B 7 startups · $479M raised - [**Acutus Medical**](https://millionrounds.com/company/acutus-medical) Acutus Medical develops medical technologies to treat complex cardiac arrhythmia. United States $268M - [**GenSight Biologics**](https://millionrounds.com/company/gensight-biologics) GenSight Biologics develops gene therapy-based treatments for retinal degenerative diseases. France $80M - [**Birdie**](https://millionrounds.com/company/birdie) Birdie is the CX intelligence platform that turns every customer signal into a real business decision, and the customer context l United Kingdom $45M - [*CS* **CareX SA**](https://millionrounds.com/company/carex-sa) CareX SA is a biopharmaceutical company focused on metabolic disease. France $32M - [*M* **Mind-NRG**](https://millionrounds.com/company/mind-nrg) Mind-NRG develops peptidic neurotrophic factors for psychiatric and neurologic diseases. Switzerland $24M - [*O* **OncoEthix**](https://millionrounds.com/company/oncoethix) Oncoethix is a clinical-stage biotechnology company developing cancer drugs. Switzerland $19M - [*FT* **Funxional Therapeutics**](https://millionrounds.com/company/funxional-therapeutics) Funxional Therapeutics Ltd. United Kingdom $12M ### Series A 3 startups · $34M raised - [*D* **Daye**](https://millionrounds.com/company/daye) United Kingdom $17M - [*X* **XO1**](https://millionrounds.com/company/xo1) XO1 Ltd is a virtual biotechnology company formed specifically to develop ichorcumab. United Kingdom $11M - [**EnCare Biotech**](https://millionrounds.com/company/encare-biotech) EnCare Biotech B.V., a newly founded spin-off company from University Medical Center Utrecht Netherlands $5.5M ### Stage not reported 2 startups · $95M raised - [**Science Exchange**](https://millionrounds.com/company/science-exchange) Science Exchange, the R&D Services Management company, empowers research organizations to accelerate science and drive innovation United States $54M - [**Sequenta**](https://millionrounds.com/company/sequenta) Sequenta is engaged in the discovery and development of clinical diagnostics based on a platform for understanding immune system status. United States $41M **How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names Index 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 **Index Ventures' AI portfolio** 126 startups · $49B](https://millionrounds.com/portfolio-maps/index-ventures-ai-portfolio)[Sector portfolio **Index Ventures' Fintech portfolio** 46 startups · $11B](https://millionrounds.com/portfolio-maps/index-ventures-fintech-portfolio)[Sector portfolio **Index Ventures' IT Services portfolio** 37 startups · $871M](https://millionrounds.com/portfolio-maps/index-ventures-it-services-portfolio)[Sector portfolio **Index Ventures' Software portfolio** 25 startups · $2.0B](https://millionrounds.com/portfolio-maps/index-ventures-software-portfolio)[Sector portfolio **Index Ventures' Internet portfolio** 21 startups · $3.3B](https://millionrounds.com/portfolio-maps/index-ventures-internet-portfolio)[Sector portfolio **Index Ventures' Big Data & Analytics portfolio** 21 startups · $1.6B](https://millionrounds.com/portfolio-maps/index-ventures-big-data-analytics-portfolio) ## Raising from investors like Index Ventures? 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)