# Who Invests With National Institutes of Health: 42 Co-Investors (2026) > The 42 investors that have backed two or more of the same startups as National Institutes of Health, by kind: vc firms, government funds and accelerators. Source: https://millionrounds.com/portfolio-maps/national-institutes-of-health-co-investors (Millionrounds; every figure on the page links to its filing or article) ## VC firms 29 - [National Institute of Allergy and Infectious Diseases](https://millionrounds.com/fund/national-institute-of-allergy-and-infectious-diseases) - [*NI* National Institute on Aging](https://millionrounds.com/fund/national-institute-on-aging) - [*NC* National Cancer Institute (NCI)](https://millionrounds.com/fund/national-cancer-institute-nci) - [TEDCO](https://millionrounds.com/fund/tedco) - [MassVentures](https://millionrounds.com/fund/massventures) - [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) - [*NH* National Heart, Lung and Blood Institute](https://millionrounds.com/fund/national-heart-lung-and-blood-institute) - [*ON* One North Carolina Small Business Program](https://millionrounds.com/fund/one-north-carolina-small-business-program) - [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) - [SOSV](https://millionrounds.com/fund/sosv) - [5AM Ventures](https://millionrounds.com/fund/5am-ventures) - [Novartis](https://millionrounds.com/fund/novartis) - [Casdin Capital](https://millionrounds.com/fund/casdin-capital) - [Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-3) - [LD Capital](https://millionrounds.com/fund/xie) - [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) - [Morningside Group](https://millionrounds.com/fund/morningside) - [Social Starts](https://millionrounds.com/fund/social-starts) - [Revent](https://millionrounds.com/fund/revent-2) - [SV Angel](https://millionrounds.com/fund/sv-angel) - [Red Cedar Ventures](https://millionrounds.com/fund/red-cedar-ventures) - [Virginia Innovation Partnership Corporation](https://millionrounds.com/fund/virginia-innovation-partnership-corporation) - [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) - [DeepWork Capital](https://millionrounds.com/fund/deepwork-capital) +5 more ## Government funds 6 - [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) - [Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) - [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) - [Arch Grants](https://millionrounds.com/fund/arch-grants) - [North Carolina Biotechnology Center](https://millionrounds.com/fund/north-carolina-bio) - [Innovation Works](https://millionrounds.com/fund/innovation-works) ## Accelerators 4 - [MassChallenge](https://millionrounds.com/fund/masschallenge) - [MedTech Innovator](https://millionrounds.com/fund/medtech-innovator) - [Y Combinator](https://millionrounds.com/fund/y-combinator) - [Lighthouse Labs RVA](https://millionrounds.com/fund/lighthouse-labs-rva) ## Private equity and asset managers 3 - [Bios Partners](https://millionrounds.com/fund/bios-partners) - [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) - [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) ## Segment by segment ### VC firms 29 investors - [**National Institute of Allergy and Infectious Diseases**](https://millionrounds.com/fund/national-institute-of-allergy-and-infectious-diseases) Investment firm United States 9 backed - [*NI* **National Institute on Aging**](https://millionrounds.com/fund/national-institute-on-aging) VC firm - 8 backed - [*NC* **National Cancer Institute (NCI)**](https://millionrounds.com/fund/national-cancer-institute-nci) Investment firm United States 7 backed - [**TEDCO**](https://millionrounds.com/fund/tedco) VC firm United States 7 backed - [**MassVentures**](https://millionrounds.com/fund/massventures) VC firm United States 5 backed - [**Alumni Ventures**](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm United States 4 backed - [*NH* **National Heart, Lung and Blood Institute**](https://millionrounds.com/fund/national-heart-lung-and-blood-institute) VC firm - 4 backed - [*ON* **One North Carolina Small Business Program**](https://millionrounds.com/fund/one-north-carolina-small-business-program) Investment firm - 4 backed ### Government funds 6 investors - [**National Science Foundation**](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government fund United States 47 backed - [**Small Business Innovation Research**](https://millionrounds.com/fund/small-business-innovation-research) Government fund United States 7 backed - [**Connecticut Innovations**](https://millionrounds.com/fund/connecticut-innovations) Government fund United States 5 backed - [**Arch Grants**](https://millionrounds.com/fund/arch-grants) Government fund United States 2 backed - [**North Carolina Biotechnology Center**](https://millionrounds.com/fund/north-carolina-bio) Government fund United States 2 backed - [**Innovation Works**](https://millionrounds.com/fund/innovation-works) Government fund United States 2 backed ### Accelerators 4 investors - [**MassChallenge**](https://millionrounds.com/fund/masschallenge) Accelerator United States 12 backed - [**MedTech Innovator**](https://millionrounds.com/fund/medtech-innovator) Accelerator United States 5 backed - [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 5 backed - [**Lighthouse Labs RVA**](https://millionrounds.com/fund/lighthouse-labs-rva) Accelerator - 2 backed ### Private equity and asset managers 3 investors - [**Bios Partners**](https://millionrounds.com/fund/bios-partners) Private equity United States 2 backed - [**MPM Capital**](https://millionrounds.com/fund/mpm-bioimpact) Private equity United States 2 backed - [**RA Capital Management**](https://millionrounds.com/fund/ra-capital-management) Private equity United States 2 backed **How this map is made.** Every investor here has backed two or more of the same startups as National Institutes of Health, in rounds we track. Grouped by kind, each ranked by how many startups it shares with National Institutes of Health. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **National Institutes of Health portfolio map** 232 startups · $3.3B](https://millionrounds.com/portfolio-maps/national-institutes-of-health-portfolio-map)[Sector portfolio **National Institutes of Health's Biotech portfolio** 145 startups · $2.5B](https://millionrounds.com/portfolio-maps/national-institutes-of-health-biotech-portfolio)[Sector portfolio **National Institutes of Health's Healthtech portfolio** 46 startups · $487M](https://millionrounds.com/portfolio-maps/national-institutes-of-health-healthtech-portfolio)[Sector portfolio **National Institutes of Health's AI portfolio** 15 startups · $107M](https://millionrounds.com/portfolio-maps/national-institutes-of-health-ai-portfolio)[Co-investors **Who invests with National Science Foundation** 269 co-investors](https://millionrounds.com/portfolio-maps/nsf-small-business-innovation-research-small-business-techno-co-investors)[Co-investors **Who invests with International Finance Corporation** 112 co-investors](https://millionrounds.com/portfolio-maps/international-finance-corporation-ifc-co-investors) ## Raising from investors like National Institutes of Health? 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