# Keiretsu Forum's Biotech Investments: 14 Startups in Its Portfolio (2026) > The 14 Biotech startups Keiretsu Forum has backed, by stage: $130M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/keiretsu-forum-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 12 - [SonALAsense](https://millionrounds.com/company/sonalasense) - [Maxwell Biosciences](https://millionrounds.com/company/maxwell-biosciences) - [ActX](https://millionrounds.com/company/actx) - [Orion Biotechnology](https://millionrounds.com/company/orion-biotechnology) - [Inmedix](https://millionrounds.com/company/inmedix) - [Cannara Biotech](https://millionrounds.com/company/cannara-biotech) - [iQure Pharma](https://millionrounds.com/company/iqure-pharma) - [Virion Therapeutics](https://millionrounds.com/company/virion-therapeutics) - [Hemex Health](https://millionrounds.com/company/hemex-health) - [Biolive](https://millionrounds.com/company/biolive) - [Xeno Biosciences](https://millionrounds.com/company/xeno-biosciences) - [Atrin Pharmaceuticals](https://millionrounds.com/company/atrin-pharmaceuticals) ## Series A 2 - [Astarte Medical](https://millionrounds.com/company/astarte-medical) - [Healionics](https://millionrounds.com/company/healionics) ## Segment by segment ### Stage not reported 12 startups · $108M raised - [**SonALAsense**](https://millionrounds.com/company/sonalasense) SonALAsense develops SDT (Sonodynamic Therapy) intended to turn glioblastoma multiforme (GBM) patients into cancer survivors. United States $46M - [**Maxwell Biosciences**](https://millionrounds.com/company/maxwell-biosciences) Maxwell Biosciences is a biotechnology company based in Austin, Texas, founded in 2016. United States $20M - [**ActX**](https://millionrounds.com/company/actx) ActX is a dynamic venture that focuses on making patient genomic information truly useful in everyday medical practice. United States $11M - [**Orion Biotechnology**](https://millionrounds.com/company/orion-biotechnology) Orion Biotechnology is a clinical-stage biotechnology company based in Ottawa, Canada, with research and development operations in Canada $6.8M - [**Inmedix**](https://millionrounds.com/company/inmedix) Inmedix brings cloud-based clinical diagnostics and immuno-autonomics to medicine to improve outcomes in autoimmune diseases and beyond. United States $4.7M - [**Cannara Biotech**](https://millionrounds.com/company/cannara-biotech) Cannara Biotech is to operate the largest indoor medical cannabis cultivation facility. Canada $4.6M - [**iQure Pharma**](https://millionrounds.com/company/iqure-pharma) iQure Pharma is a global biotech company that develops new therapeutics for patients and physicians. United States $4.3M - [**Virion Therapeutics**](https://millionrounds.com/company/virion-therapeutics) Virion Therapeutics is a science-driven company developing innovative immune-based treatments for virally-associated cancers. United States $4.1M ### Series A 2 startups · $23M raised - [**Astarte Medical**](https://millionrounds.com/company/astarte-medical) Astarte Medical is a clinical intelligence company dedicated to precision medicine for preterm infants and children with medical complexity. United States $13M - [**Healionics**](https://millionrounds.com/company/healionics) Healionics has developed a novel vascular graft, based on a platform biomaterial, offering improved vascular access for dialysis patients. 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 Keiretsu Forum 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 **Keiretsu Forum portfolio map** 68 startups · $649M](https://millionrounds.com/portfolio-maps/keiretsu-forum-portfolio-map)[Co-investors **Who invests with Keiretsu Forum** 23 co-investors](https://millionrounds.com/portfolio-maps/keiretsu-forum-co-investors)[Sector portfolio **AngelList's AI portfolio** 21 startups · $166M](https://millionrounds.com/portfolio-maps/angellist-ai-portfolio)[Sector portfolio **S16vc's AI portfolio** 16 startups · $767M](https://millionrounds.com/portfolio-maps/s16vc-founders-for-founders-fund-ai-portfolio)[Sector portfolio **Sand Hill Angels' Biotech portfolio** 14 startups · $117M](https://millionrounds.com/portfolio-maps/sand-hill-angels-biotech-portfolio)[Sector portfolio **New York Angels' Healthtech portfolio** 11 startups · $94M](https://millionrounds.com/portfolio-maps/new-york-angels-healthtech-portfolio) ## Raising from investors like Keiretsu Forum? 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