# Novo Holdings' Investments in United States: 64 Startups by Sector (2026)

> The 64 startups in the United States that Novo Holdings has backed, by sector: Biotech, Pharma and Healthtech and more. $11B raised. Updated nightly.

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

## Biotech

43

- [Mirum Pharmaceuticals](https://millionrounds.com/company/mirum-pharmaceuticals)
- [Morphic Therapeutic](https://millionrounds.com/company/morphic-therapeutic)
- [Arcellx](https://millionrounds.com/company/arcellx)
- [Terremoto Biosciences](https://millionrounds.com/company/terremoto-biosciences)
- [Expedition Therapeutics](https://millionrounds.com/company/expedition-therapeutics)
- [Disc Medicine](https://millionrounds.com/company/disc-medicine)
- [Galera Therapeutics](https://millionrounds.com/company/galera-therapeutics)
- [Cogent Biosciences](https://millionrounds.com/company/cogent-biosciences)
- [Alveus Therapeutics Inc.](https://millionrounds.com/company/alveus-therapeutics-inc)
- [Unchained Labs](https://millionrounds.com/company/unchained-labs)
- [*BB* Bolt Biotherapeutics](https://millionrounds.com/company/bolt-biotherapeutics)
- [Callio Therapeutics](https://millionrounds.com/company/callio-therapeutics)
- [Bluejay Therapeutics](https://millionrounds.com/company/bluejay-therapeutics)
- [Nuvig Therapeutics](https://millionrounds.com/company/nuvig-therapeutics)
- [Glycomine](https://millionrounds.com/company/glycomine)
- [LEXEO Therapeutics](https://millionrounds.com/company/lexeo-therapeutics)
- [Clasp Therapeutics](https://millionrounds.com/company/clasp-therapeutics)
- [MDLIVE](https://millionrounds.com/company/mdlive)
- [Tarsa Therapeutics](https://millionrounds.com/company/tarsa-therapeutics)
- [*ST* SiteOne Therapeutics](https://millionrounds.com/company/siteone-therapeutics)
- [*IP* Inozyme Pharma](https://millionrounds.com/company/inozyme-pharma)
- [CARGO Therapeutics](https://millionrounds.com/company/cargo-therapeutics)
- [Aligos Therapeutics](https://millionrounds.com/company/aligos-therapeutics)
- [Newleos Therapeutics](https://millionrounds.com/company/newleos-therapeutics)

+19 more

## Pharma

12

- [MapLight Therapeutics](https://millionrounds.com/company/maplight-therapeutics)
- [*CT* Crystalys Therapeutics](https://millionrounds.com/company/crystalys-therapeutics)
- [Allakos](https://millionrounds.com/company/allakos)
- [Harmony Biosciences](https://millionrounds.com/company/harmony-biosciences)
- [Cyteir Therapeutics](https://millionrounds.com/company/cyteir-therapeutics)
- [KalVista Pharmaceuticals](https://millionrounds.com/company/kalvista-pharmaceuticals)
- [Claris Biotherapeutics](https://millionrounds.com/company/claris-biotherapeutics)
- [Avalyn Pharma](https://millionrounds.com/company/avalyn-pharma)
- [Rondo Therapeutics](https://millionrounds.com/company/rondo-therapeutics)
- [Thesan Pharmaceuticals](https://millionrounds.com/company/thesan-pharmaceuticals)
- [Invetx](https://millionrounds.com/company/invetx)
- [Spruce Biosciences](https://millionrounds.com/company/spruce-biosciences)

## Healthtech

3

- [Nalu Medical](https://millionrounds.com/company/nalu-medical)
- [Supira Medical](https://millionrounds.com/company/supira-medical)
- [AvenCell](https://millionrounds.com/company/avencell)

## AI

2

- [Octave](https://millionrounds.com/company/octave)
- [Kebotix](https://millionrounds.com/company/kebotix)

## Foodtech

2

- [Bbot](https://millionrounds.com/company/bbot)
- [Kate Farms](https://millionrounds.com/company/kate-farms)

## Energy

2

- [EnergyRe](https://millionrounds.com/company/energyre)
- [LanzaTech](https://millionrounds.com/company/lanzatech)

## Segment by segment

### Biotech

43 startups · $6.0B raised

- [**Mirum Pharmaceuticals**](https://millionrounds.com/company/mirum-pharmaceuticals) Mirum Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of therapies. United States $669M
- [**Morphic Therapeutic**](https://millionrounds.com/company/morphic-therapeutic) Morphic Therapeutic is a biotechnology company that develops oral integrin therapies to treat serious chronic diseases. United States $328M
- [**Arcellx**](https://millionrounds.com/company/arcellx) Arcellx is a clinical-stage biotechnology company focused on developing innovative immunotherapies for cancer and other incurable diseases. United States $285M
- [**Terremoto Biosciences**](https://millionrounds.com/company/terremoto-biosciences) Terremoto Biosciences is a clinical-stage biotechnology company founded in 2021, focused on covalent drug discovery and development. United States $283M
- [**Expedition Therapeutics**](https://millionrounds.com/company/expedition-therapeutics) Expedition Therapeutics is a biotechnology company based in San Francisco, founded in 2024. United States $280M
- [**Disc Medicine**](https://millionrounds.com/company/disc-medicine) Disc Medicine is a biopharmaceutical company that develops therapies for hematologic diseases and rare blood disorders. United States $275M
- [**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
- [**Cogent Biosciences**](https://millionrounds.com/company/cogent-biosciences) Cogent Biosciences is a biotechnology company that develops therapies for solid cancer tumors. United States $200M

### Pharma

12 startups · $2.1B raised

- [**MapLight Therapeutics**](https://millionrounds.com/company/maplight-therapeutics) MapLight Therapeutics is a biopharma company that offers a platform designed to discover and develop therapeutics for brain disorders. United States $523M
- [*CT* **Crystalys Therapeutics**](https://millionrounds.com/company/crystalys-therapeutics) United States $335M
- [**Allakos**](https://millionrounds.com/company/allakos) Allakos is a biotechnology company developing therapeutic antibodies targeting allergy, inflammatory and proliferative diseases. United States $294M
- [**Harmony Biosciences**](https://millionrounds.com/company/harmony-biosciences) Harmony Biosciences is a pharmaceutical company that develops and commercializes novel therapies for rare neurological disorders. United States $248M
- [**Cyteir Therapeutics**](https://millionrounds.com/company/cyteir-therapeutics) Cyteir is developing the next generation of synthetic lethal therapies to treat cancer. United States $126M
- [**KalVista Pharmaceuticals**](https://millionrounds.com/company/kalvista-pharmaceuticals) KalVista Pharmaceuticals focuses on developing oral medicines, particularly for managing hereditary angioedema. United States $125M
- [**Claris Biotherapeutics**](https://millionrounds.com/company/claris-biotherapeutics) Claris Biotherapeutics is a late-clinical stage biotechnology company based in Jersey City, New Jersey. United States $124M
- [**Avalyn Pharma**](https://millionrounds.com/company/avalyn-pharma) Avalyn Pharma is a biopharma company developing therapies for the treatment of idiopathic pulmonary fibrosis and other respiratory diseases. United States $100M

### Healthtech

3 startups · $328M raised

- [**Nalu Medical**](https://millionrounds.com/company/nalu-medical) Nalu Medical is a medical technology company that develops innovative solutions for patients with chronic neuropathic pain. United States $147M
- [**Supira Medical**](https://millionrounds.com/company/supira-medical) Supira Medical is a clinical-stage medical device company based in Los Gatos, California. United States $136M
- [**AvenCell**](https://millionrounds.com/company/avencell) AvenCell Therapeutics, Inc. United States $46M

### AI

2 startups · $75M raised

- [**Octave**](https://millionrounds.com/company/octave) Octave Capital partners with venture-backed and founder run technology companies to provide flexible growth capital and liquidity. United States $65M
- [**Kebotix**](https://millionrounds.com/company/kebotix) Kebotix is an AI and robotics-driven technology company located in Cambridge, Massachusetts. United States $10M

### Foodtech

2 startups · $551M raised

- [**Bbot**](https://millionrounds.com/company/bbot) Bbot is a restaurant and hospitality tech startup dedicated to simplifying and improving the ordering and payment process. United States $476M
- [**Kate Farms**](https://millionrounds.com/company/kate-farms) Kate Farms offers plant-based shakes and formulas for tube-fed adults and children. United States $75M

### Energy

2 startups · $1.4B raised

- [**EnergyRe**](https://millionrounds.com/company/energyre) EnergyRe is at the center of the clean energy future. United States $1.2B
- [**LanzaTech**](https://millionrounds.com/company/lanzatech) LanzaTech reduces emissions and makes new products for a circular carbon economy. United States $206M

**How this map is made.** Every startup here has raised money in a round we track that names Novo Holdings 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)

[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)[Co-investors **Who invests with Novo Holdings** 87 co-investors](https://millionrounds.com/portfolio-maps/novo-ventures-co-investors)[Sector portfolio **Novo Holdings' Pharma portfolio** 17 startups · $2.8B](https://millionrounds.com/portfolio-maps/novo-ventures-pharma-portfolio)[Investments abroad **Seed Capital's investments in the United States** 32 startups · $498M](https://millionrounds.com/portfolio-maps/seed-capital-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)

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