# NFX's Biotech Investments: 11 Startups in Its Portfolio (2026)

> The 11 Biotech startups NFX has backed, by stage: $315M raised between them. From the rounds we track; updated nightly.

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

## Pre-seed and seed

6

- [Eleven Therapeutics](https://millionrounds.com/company/eleven-therapeutics)
- [Line 5](https://millionrounds.com/company/line-5)
- [ImmuneBridge](https://millionrounds.com/company/immunebridge)
- [Pangea Therapeutics Ltd.](https://millionrounds.com/company/pangea-therapeutics-ltd)
- [Cyclana Bio](https://millionrounds.com/company/cyclana-bio)
- [ZipBio](https://millionrounds.com/company/zipbio)

## Series A

3

- [TwoStep Therapeutics](https://millionrounds.com/company/twostep-therapeutics)
- [Centivax](https://millionrounds.com/company/centivax)
- [Genome Compiler](https://millionrounds.com/company/genome-compiler)

## Stage not reported

2

- [*T* Themis](https://millionrounds.com/company/themis)
- [Mana.bio](https://millionrounds.com/company/mana-bio)

## Segment by segment

### Pre-seed and seed

6 startups · $73M raised

- [**Eleven Therapeutics**](https://millionrounds.com/company/eleven-therapeutics) Eleven Therapeutics is a biotechnology company founded in 2020, specializing in next-generation RNA therapeutics. United Kingdom $22M
- [**Line 5**](https://millionrounds.com/company/line-5) Line 5 offers fully fund and finance vehicle protection plans for automobiles, SUVs, trucks and more. - $20M
- [**ImmuneBridge**](https://millionrounds.com/company/immunebridge) ImmuneBridge is a biotechnology company based in San Francisco, founded in 2018. United States $13M
- [**Pangea Therapeutics Ltd.**](https://millionrounds.com/company/pangea-therapeutics-ltd) Pangea Therapeutics Ltd. United States $7.0M
- [**Cyclana Bio**](https://millionrounds.com/company/cyclana-bio) Cyclana Bio is a biotechnology company based in Cambridge, UK, dedicated to advancing women's health, particularly in the area of United Kingdom $6.7M
- [**ZipBio**](https://millionrounds.com/company/zipbio) Compressing biology to develop the next generation of therapies United States $4.0M

### Series A

3 startups · $166M raised

- [**TwoStep Therapeutics**](https://millionrounds.com/company/twostep-therapeutics) TwoStep Therapeutics is a biotechnology company focused on developing targeted therapies for solid tumors. United States $84M
- [**Centivax**](https://millionrounds.com/company/centivax) Centivax, Inc. United States $71M
- [**Genome Compiler**](https://millionrounds.com/company/genome-compiler) Genome Compiler is a computer aided design and collaboration platforms for the synthetic biology industry United States $12M

### Stage not reported

2 startups · $76M raised

- [*T* **Themis**](https://millionrounds.com/company/themis) Austria $56M
- [**Mana.bio**](https://millionrounds.com/company/mana-bio) Mana.bio is an AI-based biotechnology startup founded in 2021, focused on enhancing targeted gene therapy delivery. United States $20M

**How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names NFX 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 **NFX's AI portfolio** 29 startups · $1.9B](https://millionrounds.com/portfolio-maps/nfx-ai-portfolio)[Sector portfolio **NFX's Fintech portfolio** 13 startups · $637M](https://millionrounds.com/portfolio-maps/nfx-fintech-portfolio)[Co-investors **Who invests with NFX** 105 co-investors](https://millionrounds.com/portfolio-maps/nfx-co-investors)[Portfolio map **NFX portfolio map** 93 startups · $4.4B](https://millionrounds.com/portfolio-maps/nfx-portfolio-map)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)

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