# Who Invests With Novo Holdings: 87 Co-Investors (2026) > The 87 investors that have backed two or more of the same startups as Novo Holdings, by kind: vc firms, private equity and asset managers and corporate... Source: https://millionrounds.com/portfolio-maps/novo-ventures-co-investors (Millionrounds; every figure on the page links to its filing or article) ## VC firms 56 - [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) - [Wellington Management](https://millionrounds.com/fund/wellington-management) - [*EA* Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) - [Sanofi](https://millionrounds.com/fund/sanofi) - [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) - [Catalio Capital Management](https://millionrounds.com/fund/catalio-capital-management) - [Omega Funds](https://millionrounds.com/fund/omega-funds) - [Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) - [Versant Ventures](https://millionrounds.com/fund/versant-ventures) - [5AM Ventures](https://millionrounds.com/fund/5am-ventures) - [SV Health Investors](https://millionrounds.com/fund/sv-health-investors) - [Longwood Fund](https://millionrounds.com/fund/longwood-fund) - [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) - [Casdin Capital](https://millionrounds.com/fund/casdin-capital) - [Pivotal bioVenture Partners](https://millionrounds.com/fund/pivotal-life-sciences) - [Novo Seeds](https://millionrounds.com/fund/novo-seeds) - [Norwest Venture Partners](https://millionrounds.com/fund/norwest) - [*SL* SV Life Sciences](https://millionrounds.com/fund/sv-life-sciences) - [Novartis](https://millionrounds.com/fund/novartis) - [Canaan](https://millionrounds.com/fund/canaan-partners) - [Industrifonden](https://millionrounds.com/fund/industrifonden) - [RiverVest](https://millionrounds.com/fund/rivervest-venture-partners) - [Polaris Partners](https://millionrounds.com/fund/polaris-partners) - [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) +32 more ## Private equity and asset managers 19 - [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) - [OrbiMed](https://millionrounds.com/fund/orbimed) - [Vivo Capital](https://millionrounds.com/fund/vivo-capital) - [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) - [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) - [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) - [TPG](https://millionrounds.com/fund/tpg) - [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) - [TCG](https://millionrounds.com/fund/tcg) - [Andera Partners](https://millionrounds.com/fund/andera-partners) - [Invus](https://millionrounds.com/fund/invus) - [*AB* Avego Bioscience Capital](https://millionrounds.com/fund/avego-bioscience-capital) - [BlackRock](https://millionrounds.com/fund/blackrock) - [BioMedPartners](https://millionrounds.com/fund/biomedpartners) - [Blue Owl](https://millionrounds.com/fund/blue-owl) - [Soleus Capital](https://millionrounds.com/fund/soleus-capital) - [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) - [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) - [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) ## Corporate investors 8 - [SR One](https://millionrounds.com/fund/sr-one) - [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) - [Pfizer](https://millionrounds.com/fund/pfizer) - [Eli Lilly](https://millionrounds.com/fund/eli-lilly) - [*BI* Boehringer Ingelheim Venture Fund](https://millionrounds.com/fund/boehringer-ingelheim-venture-fund) - [Google Ventures](https://millionrounds.com/fund/gv) - [Sanofi Ventures](https://millionrounds.com/fund/sanofi-ventures) - [Roche Venture Fund](https://millionrounds.com/fund/roche-venture-fund) ## Government funds 4 - [Bpifrance](https://millionrounds.com/fund/bpifrance) - [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) - [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) - [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) ## Segment by segment ### VC firms 56 investors - [**New Enterprise Associates**](https://millionrounds.com/fund/new-enterprise-associates) VC firm United States 12 backed - [**Wellington Management**](https://millionrounds.com/fund/wellington-management) VC firm United States 10 backed - [*EA* **Export and Investment Fund**](https://millionrounds.com/fund/export-and-investment-fund) VC firm - 7 backed - [**Sanofi**](https://millionrounds.com/fund/sanofi) Investment firm France 7 backed - [**Sofinnova Partners**](https://millionrounds.com/fund/sofinnova-partners) VC firm France 6 backed - [**Catalio Capital Management**](https://millionrounds.com/fund/catalio-capital-management) VC firm United States 6 backed - [**Omega Funds**](https://millionrounds.com/fund/omega-funds) VC firm United States 6 backed - [**Samsara BioCapital**](https://millionrounds.com/fund/samsara-biocapital) VC firm United States 6 backed ### Private equity and asset managers 19 investors - [**RA Capital Management**](https://millionrounds.com/fund/ra-capital-management) Private equity United States 15 backed - [**OrbiMed**](https://millionrounds.com/fund/orbimed) Private equity United States 11 backed - [**Vivo Capital**](https://millionrounds.com/fund/vivo-capital) Private equity United States 9 backed - [**Cormorant Asset Management**](https://millionrounds.com/fund/cormorant-asset-management) Private equity United States 8 backed - [**Janus Henderson Investors**](https://millionrounds.com/fund/janus-henderson-investors) Private equity United Kingdom 8 backed - [**Forbion Capital Partners**](https://millionrounds.com/fund/forbion-capital-partners) Private equity Netherlands 8 backed - [**TPG**](https://millionrounds.com/fund/tpg) Private equity United States 5 backed - [**Perceptive Advisors**](https://millionrounds.com/fund/perceptive-advisors) Asset manager United States 5 backed ### Corporate investors 8 investors - [**SR One**](https://millionrounds.com/fund/sr-one) Corporate investor United States 6 backed - [**Novartis Venture Fund**](https://millionrounds.com/fund/novartis-venture-fund) Corporate investor Switzerland 5 backed - [**Pfizer**](https://millionrounds.com/fund/pfizer) Corporate investor United States 3 backed - [**Eli Lilly**](https://millionrounds.com/fund/eli-lilly) Corporate investor United States 3 backed - [*BI* **Boehringer Ingelheim Venture Fund**](https://millionrounds.com/fund/boehringer-ingelheim-venture-fund) Corporate investor Germany 3 backed - [**Google Ventures**](https://millionrounds.com/fund/gv) Corporate investor United States 2 backed - [**Sanofi Ventures**](https://millionrounds.com/fund/sanofi-ventures) Corporate investor United States 2 backed - [**Roche Venture Fund**](https://millionrounds.com/fund/roche-venture-fund) Corporate investor Switzerland 2 backed ### Government funds 4 investors - [**Bpifrance**](https://millionrounds.com/fund/bpifrance) Government fund France 6 backed - [**EIC Accelerator**](https://millionrounds.com/fund/eic-accelerator) Government fund European Union 4 backed - [**European Investment Bank**](https://millionrounds.com/fund/european-investment-bank) Government fund Luxembourg 2 backed - [**National Science Foundation**](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government fund United States 2 backed **How this map is made.** Every investor here has backed two or more of the same startups as Novo Holdings, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Novo Holdings. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **Novo Holdings portfolio map** 123 startups · $21B](https://millionrounds.com/portfolio-maps/novo-ventures-portfolio-map)[Sector portfolio **Novo Holdings' Biotech portfolio** 88 startups · $9.4B](https://millionrounds.com/portfolio-maps/novo-ventures-biotech-portfolio)[Investments abroad **Novo Holdings' investments in the United States** 64 startups · $11B](https://millionrounds.com/portfolio-maps/novo-ventures-investments-united-states)[Sector portfolio **Novo Holdings' Pharma portfolio** 17 startups · $2.8B](https://millionrounds.com/portfolio-maps/novo-ventures-pharma-portfolio)[Co-investors **Who invests with Seed Capital** 54 co-investors](https://millionrounds.com/portfolio-maps/seed-capital-co-investors)[Co-investors **Who invests with Heartcore Capital** 31 co-investors](https://millionrounds.com/portfolio-maps/heartcore-capital-co-investors) ## Raising from investors like Novo Holdings? Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports. [Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)