# Invus' Biotech Investments: 50 Startups in Its Portfolio (2026)

> The 50 Biotech startups Invus has backed, by stage: $9.0B raised between them. From the rounds we track; updated nightly.

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

## Stage not reported

16

- [Tyra Biosciences](https://millionrounds.com/company/tyra-biosciences)
- [Leyden Labs](https://millionrounds.com/company/leyden-labs)
- [Schrödinger](https://millionrounds.com/company/schrodinger)
- [Cartesian Therapeutics](https://millionrounds.com/company/cartesian-therapeutics)
- [Kaleido BioSciences](https://millionrounds.com/company/kaleido-biosciences)
- [LEXEO Therapeutics](https://millionrounds.com/company/lexeo-therapeutics)
- [Ablative Solutions](https://millionrounds.com/company/ablative-solutions)
- [PatientsLikeMe](https://millionrounds.com/company/patientslikeme)
- [ITeos Therapeutics](https://millionrounds.com/company/iteos-therapeutics)
- [Bambusa Therapeutics](https://millionrounds.com/company/bambusa-therapeutics)
- [*I* Imvax](https://millionrounds.com/company/imvax)
- [Inotrem](https://millionrounds.com/company/inotrem)
- [Ikena Oncology](https://millionrounds.com/company/ikena-oncology)
- [MaaT Pharma](https://millionrounds.com/company/maat-pharma)
- [Cyclerion Therapeutics](https://millionrounds.com/company/cyclerion-therapeutics)
- [One Biosciences](https://millionrounds.com/company/one-biosciences)

## Series B

14

- [*B* BioNTech](https://millionrounds.com/company/biontech)
- [Laronde](https://millionrounds.com/company/laronde)
- [*CT* City Therapeutics](https://millionrounds.com/company/city-therapeutics)
- [Matchpoint Therapeutics](https://millionrounds.com/company/matchpoint-therapeutics)
- [Osanni Bio](https://millionrounds.com/company/osanni-bio)
- [Repertoire Immune Medicines](https://millionrounds.com/company/repertoire-immune-medicines)
- [Septerna](https://millionrounds.com/company/septerna)
- [MOMA Therapeutics](https://millionrounds.com/company/moma-therapeutics)
- [Achilles Therapeutics](https://millionrounds.com/company/achilles-therapeutics)
- [Vigil Neuroscience](https://millionrounds.com/company/vigil-neuroscience)
- [AlloVir](https://millionrounds.com/company/allovir)
- [*OP* Oyster Point](https://millionrounds.com/company/oyster-point)
- [Contraline](https://millionrounds.com/company/contraline)
- [NextPoint Therapeutics](https://millionrounds.com/company/nextpoint-therapeutics)

## Series A

10

- [Erasca](https://millionrounds.com/company/erasca)
- [Morphic Therapeutic](https://millionrounds.com/company/morphic-therapeutic)
- [Averna Therapeutics](https://millionrounds.com/company/averna-therapeutics)
- [Ottimo Pharma](https://millionrounds.com/company/ottimo-pharma)
- [Kronos Bio](https://millionrounds.com/company/kronos-bio)
- [Exsilio Therapeutics](https://millionrounds.com/company/exsilio-therapeutics)
- [Faze Medicines](https://millionrounds.com/company/faze-medicines)
- [Triplet Therapeutics](https://millionrounds.com/company/triplet-therapeutics)
- [Coave Therapeutics](https://millionrounds.com/company/coave-therapeutics)
- [*VS* Viseon Spine](https://millionrounds.com/company/viseon-spine)

## Series C and later

10

- [Arcus Biosciences](https://millionrounds.com/company/arcus-biosciences)
- [Encoded Therapeutics](https://millionrounds.com/company/encoded-therapeutics)
- [Solid Biosciences](https://millionrounds.com/company/solid-biosciences)
- [Metacrine](https://millionrounds.com/company/metacrine)
- [Rani Therapeutics](https://millionrounds.com/company/rani-therapeutics)
- [Hemab](https://millionrounds.com/company/hemab)
- [KSQ Therapeutics](https://millionrounds.com/company/ksq-therapeutics)
- [Lyndra Therapeutics](https://millionrounds.com/company/lyndra-therapeutics)
- [*SB* SQZ Biotechnologies](https://millionrounds.com/company/sqz-biotechnologies)
- [Ring Therapeutics](https://millionrounds.com/company/ring-therapeutics)

## Segment by segment

### Stage not reported

16 startups · $2.2B raised

- [**Tyra Biosciences**](https://millionrounds.com/company/tyra-biosciences) Tyra Biosciences is a biotechnology company targeting new pathways of acquired resistance in oncology with purpose-built drugs. United States $600M
- [**Leyden Labs**](https://millionrounds.com/company/leyden-labs) Leyden Labs, founded in June 2020 in Leiden, Netherlands, is a biotechnology company focused on developing innovative solutions fo Netherlands $221M
- [**Schrödinger**](https://millionrounds.com/company/schrodinger) Schrödinger is the scientific leader in developing state-of-the-art chemical simulation software for use in pharmaceutical, biotec United States $195M
- [**Cartesian Therapeutics**](https://millionrounds.com/company/cartesian-therapeutics) Pioneering Potent, Safer Cell Therapy in and Beyond Oncology United States $180M
- [**Kaleido BioSciences**](https://millionrounds.com/company/kaleido-biosciences) Kaleido BioSciences is a company working to design and analyze the microbiome system and provide adaptive solutions. United States $161M
- [**LEXEO Therapeutics**](https://millionrounds.com/company/lexeo-therapeutics) LEXEO Therapeutics utilizes gene therapy to treat genetically defined cardiovascular and central nervous system diseases. United States $154M
- [**Ablative Solutions**](https://millionrounds.com/company/ablative-solutions) Ablative Solutions is a clinical-stage medical device company founded in 2011, based in Wakefield, Massachusetts. United States $130M
- [**PatientsLikeMe**](https://millionrounds.com/company/patientslikeme) PatientsLikeMe is a leading personalized health network and digital health management platform. United States $127M

### Series B

14 startups · $2.9B raised

- [*B* **BioNTech**](https://millionrounds.com/company/biontech) Germany $687M
- [**Laronde**](https://millionrounds.com/company/laronde) Laronde develops an eRNA-based therapeutic platform that is capable of indicating diverse proteins inside the body. United States $440M
- [*CT* **City Therapeutics**](https://millionrounds.com/company/city-therapeutics) United States $235M
- [**Matchpoint Therapeutics**](https://millionrounds.com/company/matchpoint-therapeutics) Matchpoint Therapeutics is a biotechnology company based in Cambridge, Massachusetts, founded in 2021. United States $220M
- [**Osanni Bio**](https://millionrounds.com/company/osanni-bio) Osanni Bio is a biotechnology company developing therapies aimed at preventing and reversing blindness caused by retinal diseases. United States $190M
- [**Repertoire Immune Medicines**](https://millionrounds.com/company/repertoire-immune-medicines) Repertoire Immune Medicines is a clinical stage biotechnology company. - $189M
- [**Septerna**](https://millionrounds.com/company/septerna) Septerna is a biotech firm unlocking diverse drug discovery potential in G protein-coupled receptors across various diseases. United States $150M
- [**MOMA Therapeutics**](https://millionrounds.com/company/moma-therapeutics) MOMA Therapeutics is a clinical-stage biotechnology company based in Cambridge, Massachusetts, founded in 2020. United States $150M

### Series A

10 startups · $1.7B raised

- [**Erasca**](https://millionrounds.com/company/erasca) Erasca is a developer of oncology drugs intended to provide precision oncology options. United States $739M
- [**Morphic Therapeutic**](https://millionrounds.com/company/morphic-therapeutic) Morphic Therapeutic is a biotechnology company that develops oral integrin therapies to treat serious chronic diseases. United States $328M
- [**Averna Therapeutics**](https://millionrounds.com/company/averna-therapeutics) Averna Therapeutics develops genomic therapeutics that introduce therapeutic genes into safe shelters within the DNA. United States $170M
- [**Ottimo Pharma**](https://millionrounds.com/company/ottimo-pharma) Ottimo Pharma is a private, clinical-stage biotechnology company based in Sandwich, Kent, United Kingdom. United Kingdom $140M
- [**Kronos Bio**](https://millionrounds.com/company/kronos-bio) Kronos Bio focuses on the research and development of first-in-class therapies that modulate historically recalcitrant cancer. United States $123M
- [**Exsilio Therapeutics**](https://millionrounds.com/company/exsilio-therapeutics) Exsilio develops genomic therapeutics that introduce therapeutic genes into safe shelters within the DNA. - $82M
- [**Faze Medicines**](https://millionrounds.com/company/faze-medicines) Faze Medicines was a biotechnology company based in Cambridge, Massachusetts, founded in 2020. United States $81M
- [**Triplet Therapeutics**](https://millionrounds.com/company/triplet-therapeutics) Triplet Therapeutics develops and commercializes ribonucleic acid targeted therapeutics for the treatment of Huntington's disease. United States $49M

### Series C and later

10 startups · $2.2B 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
- [**Encoded Therapeutics**](https://millionrounds.com/company/encoded-therapeutics) Encoded Therapeutics is a Harnessing the regulatory genome to create next-generation molecular therapies. United States $379M
- [**Solid Biosciences**](https://millionrounds.com/company/solid-biosciences) Solid Biosciences is a life science company that conducts research for the treatment of Duchenne muscular dystrophy. United States $333M
- [**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
- [**Rani Therapeutics**](https://millionrounds.com/company/rani-therapeutics) Rani is a clinical-stage biotherapeutics company that enables the development of orally administered biologics to improve patient outcomes. United States $168M
- [**Hemab**](https://millionrounds.com/company/hemab) Hemab is a clinical-stage biotech company developing prophylactic therapeutics for serious, underserved bleeding and thrombotic disorders. Denmark $157M
- [**KSQ Therapeutics**](https://millionrounds.com/company/ksq-therapeutics) KSQ Therapeutics is using CRISPR technology within a powerful drug discovery engine to enable high-confidence drug development. United States $156M
- [**Lyndra Therapeutics**](https://millionrounds.com/company/lyndra-therapeutics) Lyndra Therapeutics is a clinical-stage biopharmaceutical company based in Watertown, Massachusetts. United States $156M

**How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names Invus 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)

[Portfolio map **Invus portfolio map** 69 startups · $18B](https://millionrounds.com/portfolio-maps/invus-portfolio-map)[Co-investors **Who invests with Invus** 65 co-investors](https://millionrounds.com/portfolio-maps/invus-co-investors)[Sector portfolio **RA Capital Management's Biotech portfolio** 197 startups · $38B](https://millionrounds.com/portfolio-maps/ra-capital-management-biotech-portfolio)[Sector portfolio **OrbiMed's Biotech portfolio** 176 startups · $28B](https://millionrounds.com/portfolio-maps/orbimed-biotech-portfolio)[Sector portfolio **Pioneer Fund's AI portfolio** 171 startups · $2.8B](https://millionrounds.com/portfolio-maps/pioneer-fund-2-ai-portfolio)[Sector portfolio **Gaingels' AI portfolio** 146 startups · $14B](https://millionrounds.com/portfolio-maps/gaingels-ai-portfolio)

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