# Wellington Management's Biotech Investments: 62 Startups in Its Portfolio (2026)

> The 62 Biotech startups Wellington Management has backed, by stage: $16B raised between them. From the rounds we track; updated nightly.

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

## Series C and later

27

- [Blueprint Medicines](https://millionrounds.com/company/blueprint-medicines)
- [Kymera Therapeutics](https://millionrounds.com/company/kymera-therapeutics)
- [Avidity Biosciences](https://millionrounds.com/company/avidity-biosciences)
- [Moderna](https://millionrounds.com/company/moderna)
- [Arcus Biosciences](https://millionrounds.com/company/arcus-biosciences)
- [Tubulis](https://millionrounds.com/company/tubulis)
- [Galecto](https://millionrounds.com/company/galecto)
- [*A* Atreca](https://millionrounds.com/company/atreca)
- [*ZL* Zai Lab](https://millionrounds.com/company/zai-lab)
- [Beta Bionics](https://millionrounds.com/company/beta-bionics)
- [Obsidian Therapeutics](https://millionrounds.com/company/obsidian-therapeutics)
- [Bluejay Therapeutics](https://millionrounds.com/company/bluejay-therapeutics)
- [RayzeBio](https://millionrounds.com/company/rayzebio)
- [Atsena Therapeutics](https://millionrounds.com/company/atsena-therapeutics)
- [Scorpion Therapeutics](https://millionrounds.com/company/scorpion-therapeutics)
- [Mersana Therapeutics](https://millionrounds.com/company/mersana-therapeutics)
- [Boundless Bio](https://millionrounds.com/company/boundless-bio)
- [PMV Pharmaceuticals](https://millionrounds.com/company/pmv-pharmaceuticals)
- [FORMA Therapeutics](https://millionrounds.com/company/forma-therapeutics)
- [Civitas Therapeutics](https://millionrounds.com/company/civitas-therapeutics)
- [*ST* SiteOne Therapeutics](https://millionrounds.com/company/siteone-therapeutics)
- [FORE Biotherapeutics](https://millionrounds.com/company/fore-biotherapeutics)
- [*N* NightstaRx](https://millionrounds.com/company/nightstarx)
- [Strata Oncology](https://millionrounds.com/company/strata-oncology)

+3 more

## Series B

14

- [Artiva Biotherapeutics](https://millionrounds.com/company/artiva-biotherapeutics)
- [Global Blood Therapeutics](https://millionrounds.com/company/global-blood-therapeutics)
- [Voyager Therapeutics](https://millionrounds.com/company/voyager-therapeutics)
- [Upstream Bio](https://millionrounds.com/company/upstream-bio)
- [Gracell Biotechnologies](https://millionrounds.com/company/gracell-biotechnologies)
- [Generation Bio](https://millionrounds.com/company/generation-bio)
- [Neon Therapeutics](https://millionrounds.com/company/neon-therapeutics)
- [Black Diamond Therapeutics](https://millionrounds.com/company/black-diamond-therapeutics)
- [Alkeus Pharmaceuticals](https://millionrounds.com/company/alkeus-pharmaceuticals)
- [Freeline](https://millionrounds.com/company/freeline)
- [Chroma Medicine](https://millionrounds.com/company/chroma-medicine)
- [*FS* Forty Seven](https://millionrounds.com/company/forty-seven)
- [Allena Pharmaceuticals](https://millionrounds.com/company/allena-pharmaceuticals)
- [Nivalis Therapeutics](https://millionrounds.com/company/nivalis-therapeutics)

## Stage not reported

13

- [Apogee Therapeutics](https://millionrounds.com/company/apogee-therapeutics)
- [Nuvalent](https://millionrounds.com/company/nuvalent)
- [Centessa Pharmaceuticals](https://millionrounds.com/company/centessa-pharmaceuticals)
- [Nurix Therapeutics](https://millionrounds.com/company/nurix-therapeutics)
- [Vets First Choice](https://millionrounds.com/company/vets-first-choice)
- [Cogent Biosciences](https://millionrounds.com/company/cogent-biosciences)
- [Crescent Biopharma](https://millionrounds.com/company/crescent-biopharma)
- [Acrivon Therapeutics](https://millionrounds.com/company/acrivon-therapeutics)
- [CARGO Therapeutics](https://millionrounds.com/company/cargo-therapeutics)
- [Aligos Therapeutics](https://millionrounds.com/company/aligos-therapeutics)
- [Entrada Therapeutics](https://millionrounds.com/company/entrada-therapeutics)
- [*SP* Sasuma Pharmaceuticals](https://millionrounds.com/company/sasuma-pharmaceuticals)
- [Scribe Therapeutics](https://millionrounds.com/company/scribe-therapeutics)

## Series A

8

- [Dyne Therapeutics](https://millionrounds.com/company/dyne-therapeutics)
- [Nuvation Bio](https://millionrounds.com/company/nuvation-bio)
- [Rhythm Pharmaceuticals](https://millionrounds.com/company/rhythm-pharmaceuticals)
- [Disc Medicine](https://millionrounds.com/company/disc-medicine)
- [Verve Therapeutics](https://millionrounds.com/company/verve-therapeutics)
- [*GT* Gemini Therapeutics](https://millionrounds.com/company/gemini-therapeutics)
- [Satsuma Pharmaceuticals](https://millionrounds.com/company/satsuma-pharmaceuticals)
- [Carisma](https://millionrounds.com/company/carisma)

## Segment by segment

### Series C and later

27 startups · $7.9B raised

- [**Blueprint Medicines**](https://millionrounds.com/company/blueprint-medicines) Blueprint Medicines is a global, fully integrated biopharmaceutical company that invents life-changing medicines. United States $1.4B
- [**Kymera Therapeutics**](https://millionrounds.com/company/kymera-therapeutics) Kymera Therapeutics is a biotechnology company that specializes in the field of targeted protein degradation. United States $799M
- [**Avidity Biosciences**](https://millionrounds.com/company/avidity-biosciences) Synapse Energy Economics is a consulting firm providing economic and policy analysis for the electric power sector. United States $790M
- [**Moderna**](https://millionrounds.com/company/moderna) Learn how we’re changing the world of medicine. United States $675M
- [**Arcus Biosciences**](https://millionrounds.com/company/arcus-biosciences) Arcus Biosciences is a biopharmaceutical company that discovers, develops, and commercializes novel therapies for the treatment of cancer. United States $427M
- [**Tubulis**](https://millionrounds.com/company/tubulis) Tubulis is a chemotherapeutic medication developer specializing in cancer and chronic disease treatment. Germany $401M
- [**Galecto**](https://millionrounds.com/company/galecto) Galecto is a clinical stage biotechnology company focused on the development of novel treatments for fibrosis and cancer. Denmark $365M
- [*A* **Atreca**](https://millionrounds.com/company/atreca) Atreca develops a technology to identify the set of antibodies produced during an immune response, without prior knowledge of an antigen. United States $313M

### Series B

14 startups · $2.5B raised

- [**Artiva Biotherapeutics**](https://millionrounds.com/company/artiva-biotherapeutics) Artiva Biotherapeutics is a biotech company focused on developing and commercializing allogeneic natural killer (NK) cell therapies. United States $420M
- [**Global Blood Therapeutics**](https://millionrounds.com/company/global-blood-therapeutics) GBT is a clinical-stage biopharmaceutical company developing a therapy for sickle cell disease. United States $389M
- [**Voyager Therapeutics**](https://millionrounds.com/company/voyager-therapeutics) Voyager Therapeutics is a biotechnology company specializing in gene therapy and neurology. United States $205M
- [**Upstream Bio**](https://millionrounds.com/company/upstream-bio) Upstream Bio focuses on developing an antibody therapy for the treatment of severe asthma. United States $200M
- [**Gracell Biotechnologies**](https://millionrounds.com/company/gracell-biotechnologies) Gracell Biotechnologies is a developer of cancer immune therapy designed to treat cancer. China $185M
- [**Generation Bio**](https://millionrounds.com/company/generation-bio) Generation Bio is a biotechnology company that develops genetic medicines to treat genetic disorders. United States $176M
- [**Neon Therapeutics**](https://millionrounds.com/company/neon-therapeutics) NEON Therapeutics is focused on unlocking the full potential of the immune system to recognize and attack cancer. United States $161M
- [**Black Diamond Therapeutics**](https://millionrounds.com/company/black-diamond-therapeutics) Black Diamond Therapeutics is a medical company focused on analyzing genetically defined cancers. United States $160M

### Stage not reported

13 startups · $3.5B raised

- [**Apogee Therapeutics**](https://millionrounds.com/company/apogee-therapeutics) Apogee Therapeutics is a biotechnology company that offers therapies for immunological and inflammatory disorders. United States $1.3B
- [**Nuvalent**](https://millionrounds.com/company/nuvalent) Nuvalent is a biopharmaceutical company that develops targeted therapies for cancer by designing small-molecule medicines. United States $500M
- [**Centessa Pharmaceuticals**](https://millionrounds.com/company/centessa-pharmaceuticals) Centessa Pharmaceuticals is a pharmaceutical company that focuses on drug development to address significant medical needs. United States $250M
- [**Nurix Therapeutics**](https://millionrounds.com/company/nurix-therapeutics) Nurix Therapeutics is a biopharmaceutical company that focuses on the development and discovery of small molecule drugs. United States $250M
- [**Vets First Choice**](https://millionrounds.com/company/vets-first-choice) Vets First Choice provides veterinary practices with an online pharmacy and home delivery services. United States $227M
- [**Cogent Biosciences**](https://millionrounds.com/company/cogent-biosciences) Cogent Biosciences is a biotechnology company that develops therapies for solid cancer tumors. United States $200M
- [**Crescent Biopharma**](https://millionrounds.com/company/crescent-biopharma) Crescent Biopharma is a biotechnology firm focused on developing novel precision-engineered medicines. United States $185M
- [**Acrivon Therapeutics**](https://millionrounds.com/company/acrivon-therapeutics) Acrivon Therapeutics is a precision oncology therapeutics company specializing in drug development through early clinical treatment success. United States $130M

### Series A

8 startups · $2.6B raised

- [**Dyne Therapeutics**](https://millionrounds.com/company/dyne-therapeutics) Dyne Therapeutics is a developer of targeted therapies intended for serious muscle diseases. United States $828M
- [**Nuvation Bio**](https://millionrounds.com/company/nuvation-bio) Nuvation Bio is a global biopharmaceutical company focusing on unmet needs in oncology. United States $675M
- [**Rhythm Pharmaceuticals**](https://millionrounds.com/company/rhythm-pharmaceuticals) Rhythm is a biopharmaceutical company focused on developing and commercializing peptide therapeutics United States $311M
- [**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
- [**Verve Therapeutics**](https://millionrounds.com/company/verve-therapeutics) Verve Therapeutics is a genetic medicine firm that is developing treatments for cardiovascular disease. United States $202M
- [*GT* **Gemini Therapeutics**](https://millionrounds.com/company/gemini-therapeutics) Gemini Therapeutics focuses on genetically-defined dry age-related macular degeneration (AMD) and associated rare genetic diseases. United States $138M
- [**Satsuma Pharmaceuticals**](https://millionrounds.com/company/satsuma-pharmaceuticals) Satsuma Pharmaceuticals is a clinical-stage biopharmaceutical company engaged in developing a novel therapeutic product. United States $92M
- [**Carisma**](https://millionrounds.com/company/carisma) Carisma is a provider of outsourced managed IT services. United States $53M

**How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names Wellington Management 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 **Wellington Management's AI portfolio** 26 startups · $67B](https://millionrounds.com/portfolio-maps/wellington-management-ai-portfolio)[Sector portfolio **Wellington Management's Fintech portfolio** 22 startups · $15B](https://millionrounds.com/portfolio-maps/wellington-management-fintech-portfolio)[Sector portfolio **Wellington Management's Healthtech portfolio** 12 startups · $3.2B](https://millionrounds.com/portfolio-maps/wellington-management-healthtech-portfolio)[Sector portfolio **Wellington Management's Pharma portfolio** 11 startups · $2.2B](https://millionrounds.com/portfolio-maps/wellington-management-pharma-portfolio)[Co-investors **Who invests with Wellington Management** 257 co-investors](https://millionrounds.com/portfolio-maps/wellington-management-co-investors)[Portfolio map **Wellington Management portfolio map** 170 startups · $127B](https://millionrounds.com/portfolio-maps/wellington-management-portfolio-map)

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