# Novartis Venture Fund's Investments in United States: 27 Startups by Sector (2026)

> The 27 startups in the United States that Novartis Venture Fund has backed, by sector: Biotech, Pharma and Healthtech and more. $2.2B raised. Updated nightly.

Source: https://millionrounds.com/portfolio-maps/novartis-venture-fund-investments-united-states (Millionrounds; every figure on the page links to its filing or article)

## Biotech

22

- [Aeglea BioTherapeutics](https://millionrounds.com/company/aeglea-biotherapeutics)
- [Galera Therapeutics](https://millionrounds.com/company/galera-therapeutics)
- [*CT* Capstan Therapeutics](https://millionrounds.com/company/capstan-therapeutics)
- [Celladon](https://millionrounds.com/company/celladon)
- [FORMA Therapeutics](https://millionrounds.com/company/forma-therapeutics)
- [Sidewinder Therapeutics](https://millionrounds.com/company/sidewinder-therapeutics)
- [FORE Biotherapeutics](https://millionrounds.com/company/fore-biotherapeutics)
- [EpiBiologics](https://millionrounds.com/company/epibiologics)
- [Effector Therapeutics](https://millionrounds.com/company/effector-therapeutics)
- [TScan Therapeutics](https://millionrounds.com/company/tscan-therapeutics)
- [Ra Pharmaceuticals](https://millionrounds.com/company/ra-pharmaceuticals)
- [*LP* LigoCyte Pharmaceuticals](https://millionrounds.com/company/ligocyte-pharmaceuticals)
- [*E* Expansion](https://millionrounds.com/company/expansion)
- [*SS* Seventh Sense Biosystems](https://millionrounds.com/company/seventh-sense-biosystems)
- [*RM* ROX Medical](https://millionrounds.com/company/rox-medical)
- [ImaginAb](https://millionrounds.com/company/imaginab)
- [Renovacor](https://millionrounds.com/company/renovacor)
- [*I* Immunitas](https://millionrounds.com/company/immunitas)
- [*NP* NeuroGenetic Pharmaceuticals](https://millionrounds.com/company/neurogenetic-pharmaceuticals)
- [Cequent Pharmaceuticals](https://millionrounds.com/company/cequent-pharmaceuticals)
- [Lemonaid Health](https://millionrounds.com/company/lemonaid-health)
- [*AT* Anchor Therapeutics](https://millionrounds.com/company/anchor-therapeutics)

## Pharma

3

- [Protego Biopharma](https://millionrounds.com/company/protego-biopharma)
- [Thesan Pharmaceuticals](https://millionrounds.com/company/thesan-pharmaceuticals)
- [*AF* Ablation Frontiers](https://millionrounds.com/company/ablation-frontiers)

## Healthtech

2

- [Advanced Animal Diagnostics](https://millionrounds.com/company/advanced-animal-diagnostics)
- [*AT* Ascent Therapeutics](https://millionrounds.com/company/ascent-therapeutics)

## Segment by segment

### Biotech

22 startups · $2.0B raised

- [**Aeglea BioTherapeutics**](https://millionrounds.com/company/aeglea-biotherapeutics) Aeglea BioTherapeutics is a clinical-stage biotechnology company that develops enzyme therapies for rare metabolic diseases. United States $266M
- [**Galera Therapeutics**](https://millionrounds.com/company/galera-therapeutics) Galera Therapeutics develops therapeutic agents for preventing damage to normal tissues during the radiation treatment of cancer. United States $219M
- [*CT* **Capstan Therapeutics**](https://millionrounds.com/company/capstan-therapeutics) Capstan Therapeutics is advancing cell engineering to develop therapeutics for a broad range of diseases. United States $175M
- [**Celladon**](https://millionrounds.com/company/celladon) Celladon is a biotechnology company developing molecular therapies for the treatment of heart failure. United States $172M
- [**FORMA Therapeutics**](https://millionrounds.com/company/forma-therapeutics) FORMA Therapeutics is a biopharmaceutical company focused on the discovery, development, and commercialization of transformative medicines. United States $143M
- [**Sidewinder Therapeutics**](https://millionrounds.com/company/sidewinder-therapeutics) Sidewinder Therapeutics is a biotechnology company that offers life-saving therapies for cancer and rare diseases. United States $137M
- [**FORE Biotherapeutics**](https://millionrounds.com/company/fore-biotherapeutics) Fore Biotherapeutics is a clinical-stage precision oncology company based in Philadelphia, PA. United States $108M
- [**EpiBiologics**](https://millionrounds.com/company/epibiologics) EpiBiologics is a biotechnology company based in San Mateo, California, founded in 2022. United States $107M

### Pharma

3 startups · $217M raised

- [**Protego Biopharma**](https://millionrounds.com/company/protego-biopharma) Protego Biopharma is a California-based biotechnology company that researches and develops small-molecule therapeutics for the tre United States $130M
- [**Thesan Pharmaceuticals**](https://millionrounds.com/company/thesan-pharmaceuticals) Thesan Pharmaceuticals is a preclinical biopharmaceutical company developing novel therapeutics for skin disorders. United States $65M
- [*AF* **Ablation Frontiers**](https://millionrounds.com/company/ablation-frontiers) A develops and markets cardiac ablation devices for the treatment of individuals suffering from atrial fibrillation. United States $22M

### Healthtech

2 startups · $38M raised

- [**Advanced Animal Diagnostics**](https://millionrounds.com/company/advanced-animal-diagnostics) Advanced Animal Diagnostics (AAD) is a biotechnology company based in Morrisville, North Carolina, established in 2001. United States $20M
- [*AT* **Ascent Therapeutics**](https://millionrounds.com/company/ascent-therapeutics) Ascent Therapeutics offers Pepducins targeting GPCRs on the cell membrane, expanding the GPCR frontier. United States $19M

**How this map is made.** Every startup here has raised money in a round we track that names Novartis Venture Fund as an investor and is based in United States. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Co-investors **Who invests with Novartis Venture Fund** 52 co-investors](https://millionrounds.com/portfolio-maps/novartis-venture-fund-co-investors)[Sector portfolio **Novartis Venture Fund's Biotech portfolio** 39 startups · $3.3B](https://millionrounds.com/portfolio-maps/novartis-venture-fund-biotech-portfolio)[Investments abroad **M Ventures' investments in the United States** 54 startups · $1.7B](https://millionrounds.com/portfolio-maps/m-ventures-investments-united-states)[Investments abroad **Index Ventures' investments in the United States** 217 startups · $50B](https://millionrounds.com/portfolio-maps/index-ventures-investments-united-states)[Investments abroad **Bossa Invest's investments in the United States** 161 startups · $6.5B](https://millionrounds.com/portfolio-maps/bossa-invest-investments-united-states)[Investments abroad **Village Global's investments in the United States** 127 startups · $6.5B](https://millionrounds.com/portfolio-maps/village-global-investments-united-states)

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