# SR One's Biotech Investments: 44 Startups in Its Portfolio (2026)

> The 44 Biotech startups SR One has backed, by stage: $5.6B raised between them. From the rounds we track; updated nightly.

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

## Series C and later

12

- [CORXEL Pharmaceuticals](https://millionrounds.com/company/corxel-pharmaceuticals)
- [Odyssey Therapeutics](https://millionrounds.com/company/odyssey-therapeutics)
- [Spero Therapeutics](https://millionrounds.com/company/spero-therapeutics)
- [Decibel Therapeutics](https://millionrounds.com/company/decibel-therapeutics)
- [HotSpot Therapeutics](https://millionrounds.com/company/hotspot-therapeutics)
- [*TT* TP Therapeutics](https://millionrounds.com/company/tp-therapeutics)
- [Pulmocide](https://millionrounds.com/company/pulmocide)
- [FORE Biotherapeutics](https://millionrounds.com/company/fore-biotherapeutics)
- [Effector Therapeutics](https://millionrounds.com/company/effector-therapeutics)
- [Propeller Health](https://millionrounds.com/company/propeller-health)
- [Novalar Pharmaceuticals](https://millionrounds.com/company/novalar-pharmaceuticals)
- [Onyvax](https://millionrounds.com/company/onyvax)

## Series A

11

- [Morphic Therapeutic](https://millionrounds.com/company/morphic-therapeutic)
- [AirNexis Therapeutics](https://millionrounds.com/company/airnexis-therapeutics)
- [Addition Therapeutics](https://millionrounds.com/company/addition-therapeutics)
- [*I* Immutrin](https://millionrounds.com/company/immutrin)
- [Antag Therapeutics](https://millionrounds.com/company/antag-therapeutics)
- [Akamis Bio](https://millionrounds.com/company/akamis-bio)
- [Ancora Biotech](https://millionrounds.com/company/ancora-biotech)
- [*G* Gotham](https://millionrounds.com/company/gotham)
- [*P* Palleon](https://millionrounds.com/company/palleon)
- [Navitor Pharmaceuticals](https://millionrounds.com/company/navitor-pharmaceuticals)
- [*P* Puridify](https://millionrounds.com/company/puridify)

## Series B

11

- [Windward Bio](https://millionrounds.com/company/windward-bio)
- [Arcellx](https://millionrounds.com/company/arcellx)
- [MiroBio](https://millionrounds.com/company/mirobio)
- [Bicycle Therapeutics](https://millionrounds.com/company/bicycle-therapeutics)
- [Palleon Pharmaceuticals](https://millionrounds.com/company/palleon-pharmaceuticals)
- [Nimbus Therapeutics](https://millionrounds.com/company/nimbus-therapeutics)
- [Avenzo Therapeutics](https://millionrounds.com/company/avenzo-therapeutics)
- [*N* Nucleonics](https://millionrounds.com/company/nucleonics)
- [Simcha Therapeutics](https://millionrounds.com/company/simcha-therapeutics)
- [*Z* ZappRx](https://millionrounds.com/company/zapprx)
- [*P* Progyny](https://millionrounds.com/company/progyny)

## Stage not reported

10

- [*TP* Turning Point Therapeutics](https://millionrounds.com/company/turning-point-therapeutics)
- [Dren Bio](https://millionrounds.com/company/dren-bio)
- [Alumis](https://millionrounds.com/company/alumis)
- [True North Therapeutics](https://millionrounds.com/company/true-north-therapeutics)
- [MISSION Therapeutics](https://millionrounds.com/company/mission-therapeutics)
- [Principia BioPharma](https://millionrounds.com/company/principia-biopharma)
- [*NP* NeuroTherapeutics Pharma](https://millionrounds.com/company/neurotherapeutics-pharma)
- [*AT* Altiris Therapeutics](https://millionrounds.com/company/altiris-therapeutics)
- [*M* Macrolide](https://millionrounds.com/company/macrolide)
- [*GP* Gladius Pharmaceuticals](https://millionrounds.com/company/gladius-pharmaceuticals)

## Segment by segment

### Series C and later

12 startups · $1.6B raised

- [**CORXEL Pharmaceuticals**](https://millionrounds.com/company/corxel-pharmaceuticals) CORXEL Pharmaceuticals is a clinical-stage biopharmaceutical company founded in 2019, previously known as JiXing Pharmaceuticals. United States $287M
- [**Odyssey Therapeutics**](https://millionrounds.com/company/odyssey-therapeutics) Odyssey Therapeutics creates precision immunomodulators and oncology medicines for patients with cancer and inflammatory diseases. United States $238M
- [**Spero Therapeutics**](https://millionrounds.com/company/spero-therapeutics) Spero Therapeutics develops therapeutics for treatment of gram-negative infections. United States $199M
- [**Decibel Therapeutics**](https://millionrounds.com/company/decibel-therapeutics) Decibel Therapeutics is a hearing company focused on discovering and developing new medicines to protect, repair, and restore hearing. United States $189M
- [**HotSpot Therapeutics**](https://millionrounds.com/company/hotspot-therapeutics) HotSpot Therapeutics is a developer of a therapy platform designed to discover medicines and provide proper treatment. United States $145M
- [*TT* **TP Therapeutics**](https://millionrounds.com/company/tp-therapeutics) United States $126M
- [**Pulmocide**](https://millionrounds.com/company/pulmocide) Pulmocide is a private biopharmaceutical company based in London, United Kingdom, founded in 2007. United Kingdom $110M
- [**FORE Biotherapeutics**](https://millionrounds.com/company/fore-biotherapeutics) Fore Biotherapeutics is a clinical-stage precision oncology company based in Philadelphia, PA. United States $108M

### Series A

11 startups · $1.1B raised

- [**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
- [**AirNexis Therapeutics**](https://millionrounds.com/company/airnexis-therapeutics) AirNexis Therapeutics develops clinical-stage therapies for chronic obstructive pulmonary disease and other pulmonary conditions. United States $200M
- [**Addition Therapeutics**](https://millionrounds.com/company/addition-therapeutics) Addition Therapeutics develops RNA-only therapeutics using PRINT technology for genetic medicine. United States $100M
- [*I* **Immutrin**](https://millionrounds.com/company/immutrin) Immutrin is a biotech developing next‐generation antibody therapies to clear amyloid deposits and reverse amyloidosis. United Kingdom $87M
- [**Antag Therapeutics**](https://millionrounds.com/company/antag-therapeutics) Antag Therapeutics is a clinical-stage biopharmaceutical company based in Copenhagen, focused on developing innovative therapies f Denmark $84M
- [**Akamis Bio**](https://millionrounds.com/company/akamis-bio) Akamis Bio is a clinical-stage oncology company based in Cambridge, Massachusetts, dedicated to improving treatment for colorectal United Kingdom $60M
- [**Ancora Biotech**](https://millionrounds.com/company/ancora-biotech) Ancora Biotech is a California-based biotechnology company that researches and develops T-cell therapies for the treatment of canc United States $60M
- [*G* **Gotham**](https://millionrounds.com/company/gotham) United States $54M

### Series B

11 startups · $1.3B raised

- [**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
- [**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
- [**MiroBio**](https://millionrounds.com/company/mirobio) MiroBio is Harnessing the natural control mechanisms of the immune system. United Kingdom $144M
- [**Bicycle Therapeutics**](https://millionrounds.com/company/bicycle-therapeutics) Bicycle Therapeutics is developing a technology for the creation of new generation biotherapeutics. United Kingdom $110M
- [**Palleon Pharmaceuticals**](https://millionrounds.com/company/palleon-pharmaceuticals) Palleon Pharmaceuticals is a clinical-stage biotechnology company based in Waltham, Massachusetts. United States $100M
- [**Nimbus Therapeutics**](https://millionrounds.com/company/nimbus-therapeutics) Nimbus Therapeutics is a clinical-stage biotechnology company based in Boston, Massachusetts, founded in 2009. United States $72M
- [**Avenzo Therapeutics**](https://millionrounds.com/company/avenzo-therapeutics) Developing the next generation of oncology therapies for patients. United States $60M
- [*N* **Nucleonics**](https://millionrounds.com/company/nucleonics) Nucleonics is a biotechnology company focused on RNA interference-based therapeutics. United States $49M

### Stage not reported

10 startups · $1.7B raised

- [*TP* **Turning Point Therapeutics**](https://millionrounds.com/company/turning-point-therapeutics) Turning Point Therapeutics is a pharmaceutical company that discovers and develops precision medicines for cancer and other diseases. - $460M
- [**Dren Bio**](https://millionrounds.com/company/dren-bio) Dren Bio focuses on protein engineering technologies for depletion of cells, protein aggregates, and other disease-causing agents. United States $375M
- [**Alumis**](https://millionrounds.com/company/alumis) Alumis is a precision medicine company focused on the discovery, development and treatment of autoimmune disorders. United States $345M
- [**True North Therapeutics**](https://millionrounds.com/company/true-north-therapeutics) True North Therapeutics is a pioneering biotechnology company selectively inhibiting the Complement pathway for diseases. United States $142M
- [**MISSION Therapeutics**](https://millionrounds.com/company/mission-therapeutics) Mission Therapeutics is a clinical-stage biopharmaceutical company based in Cambridge, UK, focused on drug discovery and developme United Kingdom $113M
- [**Principia BioPharma**](https://millionrounds.com/company/principia-biopharma) Principia Biopharma is dedicated to bringing oral therapies to patients with significant unmet medical needs in immunology & oncology. United States $90M
- [*NP* **NeuroTherapeutics Pharma**](https://millionrounds.com/company/neurotherapeutics-pharma) NeuroTherapeutics Pharma is a biopharmaceutical company developing new therapies to treat pain, epilepsy, and other nervous system disorder. United States $58M
- [*AT* **Altiris Therapeutics**](https://millionrounds.com/company/altiris-therapeutics) Altiris Therapeutics develops and commercializes drugs to treat metastatic cancer. United States $44M

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

[Co-investors **Who invests with SR One** 63 co-investors](https://millionrounds.com/portfolio-maps/sr-one-co-investors)[Portfolio map **SR One portfolio map** 59 startups · $8.3B](https://millionrounds.com/portfolio-maps/sr-one-portfolio-map)[Sector portfolio **Coinbase Ventures' Web3 & Crypto portfolio** 168 startups · $5.7B](https://millionrounds.com/portfolio-maps/coinbase-web3-crypto-portfolio)[Sector portfolio **Salesforce Ventures' AI portfolio** 115 startups · $181B](https://millionrounds.com/portfolio-maps/salesforce-ventures-ai-portfolio)[Sector portfolio **Google Ventures' AI portfolio** 81 startups · $16B](https://millionrounds.com/portfolio-maps/gv-ai-portfolio)[Sector portfolio **Google Ventures' Biotech portfolio** 74 startups · $12B](https://millionrounds.com/portfolio-maps/gv-biotech-portfolio)

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