# RTW Investments LLC Portfolio Map 2026: 69 Startups by Sector > RTW Investments LLC's portfolio mapped: 69 startups it has backed, in 3 sectors from Biotech, Pharma and Healthtech on. Source: https://millionrounds.com/portfolio-maps/rtw-investments-lp-portfolio-map (Millionrounds; every figure on the page links to its filing or article) ## Biotech 52 - [Oruka Therapeutics](https://millionrounds.com/company/oruka-therapeutics) - [Spyre Therapeutics](https://millionrounds.com/company/spyre-therapeutics) - [Kailera Therapeutics](https://millionrounds.com/company/kailera-therapeutics) - [Immunic Therapeutics](https://millionrounds.com/company/immunic-therapeutics) - [Century Therapeutics](https://millionrounds.com/company/century-therapeutics) - [Encoded Therapeutics](https://millionrounds.com/company/encoded-therapeutics) - [Windward Bio](https://millionrounds.com/company/windward-bio) - [Belite Bio](https://millionrounds.com/company/belite-bio) - [Rocket Pharmaceuticals](https://millionrounds.com/company/rocket-pharmaceuticals) - [*ZL* Zai Lab](https://millionrounds.com/company/zai-lab) - [Monte Rosa Therapeutics](https://millionrounds.com/company/monte-rosa-therapeutics) - [Beta Bionics](https://millionrounds.com/company/beta-bionics) - [CORXEL Pharmaceuticals](https://millionrounds.com/company/corxel-pharmaceuticals) - [*CP* CinCor Pharma](https://millionrounds.com/company/cincor-pharma) - [MoonLake Immunotherapeutics](https://millionrounds.com/company/moonlake-immunotherapeutics) - [Stoke Therapeutics](https://millionrounds.com/company/stoke-therapeutics) - [Mirador Therapeutics](https://millionrounds.com/company/mirador-therapeutics) - [Rapt Therapeutics](https://millionrounds.com/company/rapt-therapeutics) - [Science 37](https://millionrounds.com/company/science-37) - [Roivant Sciences](https://millionrounds.com/company/roivant-sciences) - [*NB* Nuance Biotech](https://millionrounds.com/company/nuance-biotech) - [Cogent Biosciences](https://millionrounds.com/company/cogent-biosciences) - [Crescent Biopharma](https://millionrounds.com/company/crescent-biopharma) - [Lycia Therapeutics](https://millionrounds.com/company/lycia-therapeutics) +28 more ## Pharma 14 - [Mineralys Therapeutics](https://millionrounds.com/company/mineralys-therapeutics) - [Dianthus Therapeutics](https://millionrounds.com/company/dianthus-therapeutics) - [ACELYRIN](https://millionrounds.com/company/acelyrin) - [Cullinan Therapeutics](https://millionrounds.com/company/cullinan-therapeutics) - [GH Research](https://millionrounds.com/company/gh-research) - [Jade Biosciences](https://millionrounds.com/company/jade-biosciences) - [Ocugen](https://millionrounds.com/company/ocugen) - [Artios Pharma](https://millionrounds.com/company/artios-pharma) - [Tarsus Pharmaceuticals](https://millionrounds.com/company/tarsus-pharmaceuticals) - [Umoja Biopharma](https://millionrounds.com/company/umoja-biopharma) - [Verastem Oncology](https://millionrounds.com/company/verastem-oncology) - [Whitehawk Therapeutics](https://millionrounds.com/company/whitehawk-therapeutics) - [ImageneBio](https://millionrounds.com/company/imagenebio) - [Ventyx Biosciences](https://millionrounds.com/company/ventyx-biosciences) ## Healthtech 3 - [Oricell Therapeutics](https://millionrounds.com/company/oricell-therapeutics) - [Magnolia Medical Technologies](https://millionrounds.com/company/magnolia-medical-technologies) - [LENZ Therapeutics](https://millionrounds.com/company/lenz-therapeutics) ## Segment by segment ### Biotech 52 startups · $11B raised - [**Oruka Therapeutics**](https://millionrounds.com/company/oruka-therapeutics) Oruka Therapeutics is advancing innovative biologics to redefine patient care standards in chronic skin diseases. United States $880M - [**Spyre Therapeutics**](https://millionrounds.com/company/spyre-therapeutics) Spyre Therapeutics is a biotechnology business that is developing a strong pipeline of antibody therapies. United States $678M - [**Kailera Therapeutics**](https://millionrounds.com/company/kailera-therapeutics) Kailera Therapeutics develops next-generation injectable and oral therapies for chronic weight management. United States $600M - [**Immunic Therapeutics**](https://millionrounds.com/company/immunic-therapeutics) Immunic is a biopharmaceutical company that develops a pipeline of selective oral immunology therapies. United States $400M - [**Century Therapeutics**](https://millionrounds.com/company/century-therapeutics) Century Therapeutics is a biotechnology company that develops cell therapies for hematological and solid tumor malignancies. United States $385M - [**Encoded Therapeutics**](https://millionrounds.com/company/encoded-therapeutics) Encoded Therapeutics is a Harnessing the regulatory genome to create next-generation molecular therapies. United States $379M - [**Windward Bio**](https://millionrounds.com/company/windward-bio) Windward Bio is a clinical-stage biotechnology company with deep discovery, development, and commercialization expertise committed Switzerland $365M - [**Belite Bio**](https://millionrounds.com/company/belite-bio) Belite Bio is a clinical stage biopharmaceutical drug development company. United States $350M ### Pharma 14 startups · $3.3B raised - [**Mineralys Therapeutics**](https://millionrounds.com/company/mineralys-therapeutics) Mineralys Therapeutics is a clinical-stage biopharmaceutical company committed to developing therapy for the treatment of hypertension. United States $788M - [**Dianthus Therapeutics**](https://millionrounds.com/company/dianthus-therapeutics) Dianthus Therapeutics is a biotech company developing new treatments for serious autoimmune diseases using a more targeted approach. United States $719M - [**ACELYRIN**](https://millionrounds.com/company/acelyrin) ACELYRIN is a biopharma company that identifies, acquires, and accelerates the development and commercialization of life-changing therapies. United States $300M - [**Cullinan Therapeutics**](https://millionrounds.com/company/cullinan-therapeutics) Cullinan Therapeutics is a developer of an externally sourced cancer therapeutics used to end a drug program quickly. United States $280M - [**GH Research**](https://millionrounds.com/company/gh-research) GH Research is a biopharmaceutical company developing novel therapies for the management of mental illness. Ireland $268M - [**Jade Biosciences**](https://millionrounds.com/company/jade-biosciences) Jade Biosciences is developing transformative therapies to redefine the standard of care for inflammation and immunology indications. United States $195M - [**Ocugen**](https://millionrounds.com/company/ocugen) Ocugen is a biotechnology company that develops novel gene and cell therapies to improve health and patient outcomes. United States $151M - [**Artios Pharma**](https://millionrounds.com/company/artios-pharma) Artios Pharma is a independent DNA Damage Response company with a strong pipeline of novel cancer therapies. United Kingdom $148M ### Healthtech 3 startups · $279M raised - [**Oricell Therapeutics**](https://millionrounds.com/company/oricell-therapeutics) Oricell Therapeutics is a clinical-stage biotechnology company based in Shanghai, China, founded in 2015. China $180M - [**Magnolia Medical Technologies**](https://millionrounds.com/company/magnolia-medical-technologies) Magnolia Medical Technologies is a Seattle-based healthcare company focused on improving diagnostic accuracy for sepsis detection United States $69M - [**LENZ Therapeutics**](https://millionrounds.com/company/lenz-therapeutics) LENZ Therapeutics operates as an organization engaged in the late-stage clinical development of pharmaceuticals for the eyes. United States $30M **How this map is made.** Every startup here has raised money in a round we track that names RTW Investments LLC as an investor, the first in 2017. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Growth fund · United States **Citibank** 236 startups · 12 sectors · $106B](https://millionrounds.com/portfolio-maps/citi-portfolio-map)[Growth fund · United States **Bond** 72 startups · 12 sectors · $24B](https://millionrounds.com/portfolio-maps/bond-portfolio-map)[Growth fund · United States **S2G Investments** 66 startups · 8 sectors · $5.0B](https://millionrounds.com/portfolio-maps/s2g-investments-portfolio-map)[Growth fund · United States **Catalyst Fund** 41 startups · 7 sectors · $845M](https://millionrounds.com/portfolio-maps/catalyst-fund-2-portfolio-map)[Growth fund · United States **Alibaba** 26 startups · 4 sectors · $44B](https://millionrounds.com/portfolio-maps/alibaba-portfolio-map)[Growth fund · United States **Three Arch Partners** 23 startups · 3 sectors · $1.0B](https://millionrounds.com/portfolio-maps/three-arch-partners-portfolio-map) ## Raising from investors like RTW Investments LLC? 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