# Wellcome Trust's Biotech Investments: 13 Startups in Its Portfolio (2026)

> The 13 Biotech startups Wellcome Trust has backed, by stage: $956M raised between them. From the rounds we track; updated nightly.

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

## Series C and later

6

- [*K* Kymab](https://millionrounds.com/company/kymab)
- [*CM* Cell Medica](https://millionrounds.com/company/cell-medica)
- [*OB* OptiScan Biomedical](https://millionrounds.com/company/optiscan-biomedical)
- [Integrated Diagnostics](https://millionrounds.com/company/integrated-diagnostics)
- [CellBiosciences](https://millionrounds.com/company/cellbiosciences)
- [*O* Oxagen](https://millionrounds.com/company/oxagen)

## Stage not reported

4

- [Chroma Therapeutics](https://millionrounds.com/company/chroma-therapeutics)
- [*NB* Novacta Biosystems](https://millionrounds.com/company/novacta-biosystems)
- [*K* Karuna](https://millionrounds.com/company/karuna)
- [*K* Kineta](https://millionrounds.com/company/kineta)

## Series A

3

- [*KP* Karuna Pharma](https://millionrounds.com/company/karuna-pharma)
- [*O* OMass](https://millionrounds.com/company/omass)
- [*QP* Qwell Pharmaceuticals](https://millionrounds.com/company/qwell-pharmaceuticals)

## Segment by segment

### Series C and later

6 startups · $749M raised

- [*K* **Kymab**](https://millionrounds.com/company/kymab) United Kingdom $229M
- [*CM* **Cell Medica**](https://millionrounds.com/company/cell-medica) United Kingdom $192M
- [*OB* **OptiScan Biomedical**](https://millionrounds.com/company/optiscan-biomedical) United States $121M
- [**Integrated Diagnostics**](https://millionrounds.com/company/integrated-diagnostics) Integrated Diagnostics develops tools to help physicians diagnose complex diseases with a non-invasive blood test. United States $95M
- [**CellBiosciences**](https://millionrounds.com/company/cellbiosciences) ProteinSimple develops and commercializes proprietary systems and consumables for protein analyzis. United States $85M
- [*O* **Oxagen**](https://millionrounds.com/company/oxagen) Oxagen develops small molecule drugs to treat inflammatory and respiratory diseases. United Kingdom $27M

### Stage not reported

4 startups · $139M raised

- [**Chroma Therapeutics**](https://millionrounds.com/company/chroma-therapeutics) Chroma Therapeutics is a biotechnology company located in Oxford/Abingdon, UK. United Kingdom $78M
- [*NB* **Novacta Biosystems**](https://millionrounds.com/company/novacta-biosystems) United Kingdom $29M
- [*K* **Karuna**](https://millionrounds.com/company/karuna) United States $20M
- [*K* **Kineta**](https://millionrounds.com/company/kineta) Kineta aims at developing edge therapeutics in autoimmune disease, viral disease, and chronic pain areas. United States $13M

### Series A

3 startups · $67M raised

- [*KP* **Karuna Pharma**](https://millionrounds.com/company/karuna-pharma) United States $42M
- [*O* **OMass**](https://millionrounds.com/company/omass) United Kingdom $18M
- [*QP* **Qwell Pharmaceuticals**](https://millionrounds.com/company/qwell-pharmaceuticals) Qwell Pharmaceuticals develops small molecule drugs that could prevent tumors and excess inflammation of skin cells. - $7.0M

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

[Sector portfolio **Scottish Enterprise's Biotech portfolio** 30 startups · $568M](https://millionrounds.com/portfolio-maps/scottish-enterprise-biotech-portfolio)[Sector portfolio **SBRI Healthcare's Healthtech portfolio** 27 startups · $42M](https://millionrounds.com/portfolio-maps/sbri-healthcare-healthtech-portfolio)[Sector portfolio **European Union's AI portfolio** 15 startups · $25M](https://millionrounds.com/portfolio-maps/european-union-ai-portfolio)[Sector portfolio **Scottish Enterprise's Healthtech portfolio** 12 startups · $63M](https://millionrounds.com/portfolio-maps/scottish-enterprise-healthtech-portfolio)[Sector portfolio **Scottish Enterprise's AI portfolio** 11 startups · $58M](https://millionrounds.com/portfolio-maps/scottish-enterprise-ai-portfolio)[Sector portfolio **Scottish Enterprise's IT Services portfolio** 10 startups · $25M](https://millionrounds.com/portfolio-maps/scottish-enterprise-it-services-portfolio)

## Raising from investors like Wellcome Trust?

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)