# Square 1 Bank's Biotech Investments: 14 Startups in Its Portfolio (2026)

> The 14 Biotech startups Square 1 Bank has backed, by stage: $1.6B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/square-1-bank-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Series B

5

- [*CT* Cidara Therapeutics](https://millionrounds.com/company/cidara-therapeutics)
- [Tarsa Therapeutics](https://millionrounds.com/company/tarsa-therapeutics)
- [Conventus Orthopaedics](https://millionrounds.com/company/conventus-orthopaedics)
- [Recursion](https://millionrounds.com/company/recursion)
- [Azalea Health](https://millionrounds.com/company/azalea-health)

## Stage not reported

5

- [*S* Sebacia](https://millionrounds.com/company/sebacia)
- [y prime](https://millionrounds.com/company/yprime)
- [*ZT* Zavante Therapeutics](https://millionrounds.com/company/zavante-therapeutics)
- [*NC* Nico Corporation](https://millionrounds.com/company/nico-corporation)
- [*TM* TV Medical](https://millionrounds.com/company/tv-medical)

## Series C and later

4

- [Trevi Therapeutics](https://millionrounds.com/company/trevi-therapeutics)
- [ReVision Optics](https://millionrounds.com/company/revision-optics)
- [*B* BAROnova](https://millionrounds.com/company/baronova)
- [NeoChord](https://millionrounds.com/company/neochord)

## Segment by segment

### Series B

5 startups · $773M raised

- [*CT* **Cidara Therapeutics**](https://millionrounds.com/company/cidara-therapeutics) Cidara Therapeutics is a biotechnology company that specializes in the fields of healthcare and therapeutics. United States $463M
- [**Tarsa Therapeutics**](https://millionrounds.com/company/tarsa-therapeutics) Tarsa Therapeutics develops an oral formulation of calcitonin for the treatment and prevention of postmenopausal osteoporosis. United States $121M
- [**Conventus Orthopaedics**](https://millionrounds.com/company/conventus-orthopaedics) Conventus Orthopaedics is a provider of a range of orthopedic and sports medicine services. United States $94M
- [**Recursion**](https://millionrounds.com/company/recursion) Recursion provides analytic data tool solutions such as recursion analyzers, mortgage company data and data cloud. United States $81M
- [**Azalea Health**](https://millionrounds.com/company/azalea-health) Azalea Health is a healthcare software company based in the U.S. United States $14M

### Stage not reported

5 startups · $139M raised

- [*S* **Sebacia**](https://millionrounds.com/company/sebacia) Sebacia is a commercial-stage dermatology company that develops an alternative to the topical and systemic drugs for the treatment of acne. United States $102M
- [**y prime**](https://millionrounds.com/company/yprime) YPrime is a clinical technology company founded in 2006 and based in Malvern, Pennsylvania. United States $13M
- [*ZT* **Zavante Therapeutics**](https://millionrounds.com/company/zavante-therapeutics) Zavante focuses on developing novel therapies to improve the outcomes of hospitalized patients. United States $10M
- [*NC* **Nico Corporation**](https://millionrounds.com/company/nico-corporation) United States $8.0M
- [*TM* **TV Medical**](https://millionrounds.com/company/tv-medical) United States $7.0M

### Series C and later

4 startups · $706M raised

- [**Trevi Therapeutics**](https://millionrounds.com/company/trevi-therapeutics) Trevi Therapeutics is a clinical-stage biopharmaceutical company that develops drugs for treating uremic pruritus. United States $386M
- [**ReVision Optics**](https://millionrounds.com/company/revision-optics) ReVision Optics offers PRESBYLENS, a refractive surgery solution to correct vision loss by the natural aging process. United States $172M
- [*B* **BAROnova**](https://millionrounds.com/company/baronova) BAROnova is a Silicon Valley based venture-backed company that has developed a novel non-surgical solution for obesity. United States $85M
- [**NeoChord**](https://millionrounds.com/company/neochord) NeoChord is a medical device company that develops devices that allow mitral valve repair to be performed on a beating heart. United States $63M

**How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names Square 1 Bank 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)

[Portfolio map **Square 1 Bank portfolio map** 33 startups · $2.9B](https://millionrounds.com/portfolio-maps/square-1-bank-portfolio-map)[Co-investors **Who invests with Square 1 Bank** 25 co-investors](https://millionrounds.com/portfolio-maps/square-1-bank-co-investors)[Sector portfolio **National Cancer Institute (NCI)'s Biotech portfolio** 34 startups · $361M](https://millionrounds.com/portfolio-maps/national-cancer-institute-nci-biotech-portfolio)[Sector portfolio **National Institute of Allergy and Infectious Diseases' Biotech portfolio** 28 startups · $407M](https://millionrounds.com/portfolio-maps/national-institute-of-allergy-and-infectious-diseases-biotech-portfolio)[Sector portfolio **Mayo Clinic's Healthtech portfolio** 22 startups · $2.1B](https://millionrounds.com/portfolio-maps/mayo-clinic-healthtech-portfolio)[Sector portfolio **Mayo Clinic's Biotech portfolio** 19 startups · $479M](https://millionrounds.com/portfolio-maps/mayo-clinic-biotech-portfolio)

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