# IP Group's Biotech Investments: 19 Startups in Its Portfolio (2026) > The 19 Biotech startups IP Group has backed, by stage: $921M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/ip-group-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Pre-seed and seed 5 - [Kynos Therapeutics](https://millionrounds.com/company/kynos-therapeutics) - [Resseptor Therapeutics](https://millionrounds.com/company/resseptor-therapeutics) - [Jetra Therapeutics](https://millionrounds.com/company/jetra-therapeutics) - [Amprologix](https://millionrounds.com/company/amprologix) - [Ubiquigent](https://millionrounds.com/company/ubiquigent) ## Series A 4 - [Innervace](https://millionrounds.com/company/innervace) - [Rage Biotech](https://millionrounds.com/company/rage-biotech) - [Kira Biotech](https://millionrounds.com/company/kira-biotech) - [Clyde Biosciences](https://millionrounds.com/company/clyde-biosciences) ## Stage not reported 4 - [MISSION Therapeutics](https://millionrounds.com/company/mission-therapeutics) - [Istesso](https://millionrounds.com/company/istesso) - [Spirea](https://millionrounds.com/company/spirea) - [*A* Activiomics](https://millionrounds.com/company/activiomics) ## Series C and later 3 - [STORM Therapeutics](https://millionrounds.com/company/storm-therapeutics) - [Microbiotica](https://millionrounds.com/company/microbiotica) - [Carisma Therapeutics](https://millionrounds.com/company/carisma-therapeutics) ## Series B 3 - [Artios](https://millionrounds.com/company/artios) - [*I* Inivata](https://millionrounds.com/company/inivata) - [*O* Oxyntix](https://millionrounds.com/company/oxyntix) ## Segment by segment ### Pre-seed and seed 5 startups · $13M raised - [**Kynos Therapeutics**](https://millionrounds.com/company/kynos-therapeutics) Kynos Therapeutics develops KMO inhibitors across key indications in inflammation, immunity, and metabolism. United Kingdom $8.5M - [**Resseptor Therapeutics**](https://millionrounds.com/company/resseptor-therapeutics) Covalent-binding TCRs for autoimmune & oncology Australia $1.5M - [**Jetra Therapeutics**](https://millionrounds.com/company/jetra-therapeutics) Jetra Therapeutics is a preclinical biotechnology company developing a novel engineered protein for the treatment of obesity-relat Australia $1.3M - [**Amprologix**](https://millionrounds.com/company/amprologix) Amprologix is a UK biotechnology company based in Plymouth, England, founded in 2018. United Kingdom $992K - [**Ubiquigent**](https://millionrounds.com/company/ubiquigent) Ubiquigent provides the research community with reagents, kits, and drug discovery, assay development and compound profiling services. United Kingdom $758K ### Series A 4 startups · $92M raised - [**Innervace**](https://millionrounds.com/company/innervace) Innervace is a regenerative medicine company focused on developing implantable tissue-engineered neural pathways to restore brain United States $40M - [**Rage Biotech**](https://millionrounds.com/company/rage-biotech) RAGE Biotech is a biotechnology industry. Australia $29M - [**Kira Biotech**](https://millionrounds.com/company/kira-biotech) Kira Biotech is an Immunology Company. Australia $20M - [**Clyde Biosciences**](https://millionrounds.com/company/clyde-biosciences) Clyde Biosciences Limited is a leading provider of cardiac cell analysis and safety services, specializing in cardiomyocyte safety United Kingdom $2.9M ### Stage not reported 4 startups · $146M raised - [**MISSION Therapeutics**](https://millionrounds.com/company/mission-therapeutics) Mission Therapeutics is a clinical-stage biopharmaceutical company based in Cambridge, UK, focused on drug discovery and developme United Kingdom $113M - [**Istesso**](https://millionrounds.com/company/istesso) Istesso is a London-based biopharmaceutical company focused on immunometabolism drug discovery and development. United Kingdom $29M - [**Spirea**](https://millionrounds.com/company/spirea) Spirea Ltd. United Kingdom $3.4M - [*A* **Activiomics**](https://millionrounds.com/company/activiomics) Activiomics develops phosphoproteomics solutions for biomarker discovery and drug candidate profiling. United Kingdom $805K ### Series C and later 3 startups · $524M raised - [**STORM Therapeutics**](https://millionrounds.com/company/storm-therapeutics) Targeting pathways that modify RNA to deliver novel cancer therapeutics United Kingdom $317M - [**Microbiotica**](https://millionrounds.com/company/microbiotica) Microbiotica is a clinical-stage biopharmaceutical company based in Cambridge, UK, founded in 2016. United Kingdom $117M - [**Carisma Therapeutics**](https://millionrounds.com/company/carisma-therapeutics) Carisma Therapeutics is a biotech company that develops novel chimeric antigen receptor macrophage technology to treat solid tumors. United States $90M ### Series B 3 startups · $145M raised - [**Artios**](https://millionrounds.com/company/artios) Artios Pharma Limited is a privately held biotechnology company based in Cambridge, United Kingdom, at the Babraham Research Campus. United Kingdom $83M - [*I* **Inivata**](https://millionrounds.com/company/inivata) United Kingdom $59M - [*O* **Oxyntix**](https://millionrounds.com/company/oxyntix) Oxyntix is a research-intensive team, developing and commercialising new technologies in energy and process engineering, among other fields. United Kingdom $2.6M **How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names IP Group 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 **IP Group portfolio map** 67 startups · $3.4B](https://millionrounds.com/portfolio-maps/ip-group-portfolio-map)[Co-investors **Who invests with IP Group** 32 co-investors](https://millionrounds.com/portfolio-maps/ip-group-co-investors)[Sector portfolio **Antler's AI portfolio** 168 startups · $3.8B](https://millionrounds.com/portfolio-maps/antler-ai-portfolio)[Sector portfolio **Index Ventures' AI portfolio** 126 startups · $49B](https://millionrounds.com/portfolio-maps/index-ventures-ai-portfolio)[Sector portfolio **Innovate UK's Biotech portfolio** 88 startups · $1.7B](https://millionrounds.com/portfolio-maps/innovate-uk-biotech-portfolio)[Sector portfolio **GSR's Web3 & Crypto portfolio** 77 startups · $4.2B](https://millionrounds.com/portfolio-maps/gsr-web3-crypto-portfolio) ## Raising from investors like IP Group? 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