# Norwest Venture Partners' Biotech Investments: 22 Startups in Its Portfolio (2026) > The 22 Biotech startups Norwest Venture Partners has backed, by stage: $2.4B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/norwest-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Series C and later 8 - [SetPoint Medical](https://millionrounds.com/company/setpoint-medical) - [Elligo Health Research](https://millionrounds.com/company/elligo-health-research) - [CareCloud](https://millionrounds.com/company/carecloud) - [Talkspace](https://millionrounds.com/company/talkspace) - [Nectero Medical](https://millionrounds.com/company/nectero-medical) - [ClearDATA](https://millionrounds.com/company/cleardata) - [MBX Biosciences](https://millionrounds.com/company/mbx-biosciences) - [Telcare](https://millionrounds.com/company/telcare) ## Stage not reported 6 - [BillionToOne](https://millionrounds.com/company/billiontoone) - [Silk Road Medical](https://millionrounds.com/company/silk-road-medical) - [Science Exchange](https://millionrounds.com/company/science-exchange) - [Onsite Dental](https://millionrounds.com/company/onsite-dental) - [Apostrophe](https://millionrounds.com/company/apostrophe) - [Excision BioTherapeutics](https://millionrounds.com/company/excision-biotherapeutics) ## Series A 4 - [Callio Therapeutics](https://millionrounds.com/company/callio-therapeutics) - [Ouro Medicines](https://millionrounds.com/company/ouro-medicines) - [*MT* Mosanna Therapeutics](https://millionrounds.com/company/mosanna-therapeutics) - [*RV* Ritual Vitamins](https://millionrounds.com/company/ritual-vitamins) ## Series B 4 - [Matchpoint Therapeutics](https://millionrounds.com/company/matchpoint-therapeutics) - [Nuvig Therapeutics](https://millionrounds.com/company/nuvig-therapeutics) - [Nanopath](https://millionrounds.com/company/nanopath) - [*N* NextHealth](https://millionrounds.com/company/nexthealth) ## Segment by segment ### Series C and later 8 startups · $958M raised - [**SetPoint Medical**](https://millionrounds.com/company/setpoint-medical) SetPoint Medical is a commercial-stage medical technology company founded in 2007, focused on developing bioelectronic therapies f United States $256M - [**Elligo Health Research**](https://millionrounds.com/company/elligo-health-research) Elligo Health Research brings clinical research to physician practices and accelerate the development of medical device and therapies. United States $160M - [**CareCloud**](https://millionrounds.com/company/carecloud) CareCloud, Inc., formerly MTBC, provides cloud-based technology-enabled software and services for medical practices in the US. United States $130M - [**Talkspace**](https://millionrounds.com/company/talkspace) Talkspace is a digital therapy company that offers online therapy, online counseling, psychiatry and medication management, and self-care. United States $109M - [**Nectero Medical**](https://millionrounds.com/company/nectero-medical) Nectero Medical develops a novel treatment to stabilize growth and prevent rupture of mid-sized abdominal aortic aneurysms. United States $96M - [**ClearDATA**](https://millionrounds.com/company/cleardata) ClearDATA is a cloud compliance and security solution designed specifically for the healthcare industry. United States $80M - [**MBX Biosciences**](https://millionrounds.com/company/mbx-biosciences) MBX Biosciences is a preclinical-stage biotech company that creates therapies to treat rare endocrine diseases. United States $64M - [**Telcare**](https://millionrounds.com/company/telcare) Telcare develops machine-2-machine cellular technology that wirelessly connects patients and physicians to cure chronic illnesses. United States $63M ### Stage not reported 6 startups · $596M raised - [**BillionToOne**](https://millionrounds.com/company/billiontoone) BillionToOne is a precision diagnostics company that focuses on genetic testing for disease detection. United States $280M - [**Silk Road Medical**](https://millionrounds.com/company/silk-road-medical) Silk Road Medical specializes in providing medical devices and solutions for the treatment of vascular diseases. United States $220M - [**Science Exchange**](https://millionrounds.com/company/science-exchange) Science Exchange, the R&D Services Management company, empowers research organizations to accelerate science and drive innovation United States $54M - [**Onsite Dental**](https://millionrounds.com/company/onsite-dental) Onsite Dental is a national dental care provider that offers high-quality, personalized oral health services directly at workplace United States $20M - [**Apostrophe**](https://millionrounds.com/company/apostrophe) Dermatology crafted to you and delivered to your door. United States $16M - [**Excision BioTherapeutics**](https://millionrounds.com/company/excision-biotherapeutics) Excision is developing CRISPR-based therapies to cure viral infectious diseases and improve the lives of chronically ill patients. United States $6.8M ### Series A 4 startups · $398M raised - [**Callio Therapeutics**](https://millionrounds.com/company/callio-therapeutics) Callio Therapeutics is a biotechnology company founded in 2025, focused on developing next-generation dual-payload antibody-drug c United States $187M - [**Ouro Medicines**](https://millionrounds.com/company/ouro-medicines) Ouro Medicines is a biotechnology company based in South San Francisco, established in 2025 by Monograph Capital in partnership with GSK. United States $120M - [*MT* **Mosanna Therapeutics**](https://millionrounds.com/company/mosanna-therapeutics) Switzerland $80M - [*RV* **Ritual Vitamins**](https://millionrounds.com/company/ritual-vitamins) United States $11M ### Series B 4 startups · $423M raised - [**Matchpoint Therapeutics**](https://millionrounds.com/company/matchpoint-therapeutics) Matchpoint Therapeutics is a biotechnology company based in Cambridge, Massachusetts, founded in 2021. United States $220M - [**Nuvig Therapeutics**](https://millionrounds.com/company/nuvig-therapeutics) Nuvig Therapeutics is advancing innovative and transformational therapies that are designed to induce natural mechanisms to restore immune. United States $161M - [**Nanopath**](https://millionrounds.com/company/nanopath) Nanopath Inc. United States $25M - [*N* **NextHealth**](https://millionrounds.com/company/nexthealth) United States $17M **How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names Norwest Venture Partners 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 **Norwest Venture Partners' AI portfolio** 51 startups · $5.0B](https://millionrounds.com/portfolio-maps/norwest-ai-portfolio)[Sector portfolio **Norwest Venture Partners' Fintech portfolio** 22 startups · $2.2B](https://millionrounds.com/portfolio-maps/norwest-fintech-portfolio)[Sector portfolio **Norwest Venture Partners' Big Data & Analytics portfolio** 19 startups · $1.2B](https://millionrounds.com/portfolio-maps/norwest-big-data-analytics-portfolio)[Sector portfolio **Norwest Venture Partners' Software portfolio** 13 startups · $821M](https://millionrounds.com/portfolio-maps/norwest-software-portfolio)[Sector portfolio **Norwest Venture Partners' Cybersecurity portfolio** 12 startups · $1.0B](https://millionrounds.com/portfolio-maps/norwest-cybersecurity-portfolio)[Sector portfolio **Norwest Venture Partners' Healthtech portfolio** 12 startups · $1.3B](https://millionrounds.com/portfolio-maps/norwest-healthtech-portfolio) ## Raising from investors like Norwest Venture Partners? 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