# Top 50 Biotech Startups Founded in 2023 by Funding (2026)

> The 50 best-funded biotech startups founded in 2023, ranked by total funding raised: $3.1B combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/biotech-startups-founded-2023 (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Zenas BioPharma** Zenas BioPharma is a biopharmaceutical company that focuses on developing immune-based therapies for patients.](https://millionrounds.com/company/zenas-biopharma) Zenas BioPharma is a biopharmaceutical company that focuses on developing immune-based therapies for patients. *Founded* 2023 Waltham, United States **$420M** last round Mar 2026
- 2 [**TCG Labs Soleil** TCG Labs-Soleil is a Novel Approach to a Combined Venture-Biotech R&D Ecosystem.](https://millionrounds.com/company/tcg-labs-soleil) TCG Labs-Soleil is a Novel Approach to a Combined Venture-Biotech R&D Ecosystem. *Founded* 2023 United States **$400M** last round Jul 2025
- 3 [**Beacon Therapeutics** Beacon Therapeutics is a clinical-stage ophthalmic gene therapy company founded in 2023, dedicated to saving and restoring vision for patients with retinal dise](https://millionrounds.com/company/beacon-therapeutics) Beacon Therapeutics is a clinical-stage ophthalmic gene therapy company founded in 2023, dedicated to saving and restoring vision for patients with retinal dise *Founded* 2023 Alachua, United States **$247M** last round Jan 2026
- 4 [**Alveus Therapeutics Inc.** Alveus Therapeutics Inc is a clinical-stage biotechnology company focused on developing innovative therapies for obesity and metabolic diseases.](https://millionrounds.com/company/alveus-therapeutics-inc) Alveus Therapeutics Inc is a clinical-stage biotechnology company focused on developing innovative therapies for obesity and metabolic diseases. *Founded* 2023 Philadelphia, United States **$197M** last round Feb 2026
- 5 [**Biossil** Biossil is an AI-native biopharma company located in Toronto, Canada.](https://millionrounds.com/company/biossil) Biossil is an AI-native biopharma company located in Toronto, Canada. *Founded* 2023 Toronto, Canada **$153M** last round Sept 2026
- 6 [**Sidewinder Therapeutics** Sidewinder Therapeutics is a biotechnology company that offers life-saving therapies for cancer and rare diseases.](https://millionrounds.com/company/sidewinder-therapeutics) Sidewinder Therapeutics is a biotechnology company that offers life-saving therapies for cancer and rare diseases. *Founded* 2023 San Diego, United States **$137M** last round Apr 2026
- 7 [**Cytospire Therapeutics**](https://millionrounds.com/company/cytospire-therapeutics) *Founded* 2023 United Kingdom **$121M** last round May 2026
- 8 [**BrainChild Bio** BrainChild Bio develops CAR-T cell therapies for pediatric brain tumors, focusing on DIPG.](https://millionrounds.com/company/brainchild-bio) BrainChild Bio develops CAR-T cell therapies for pediatric brain tumors, focusing on DIPG. *Founded* 2023 Seattle, United States **$116M** last round Sept 2026
- 9 [**TwoStep Therapeutics** TwoStep Therapeutics is a biotechnology company focused on developing targeted therapies for solid tumors.](https://millionrounds.com/company/twostep-therapeutics) TwoStep Therapeutics is a biotechnology company focused on developing targeted therapies for solid tumors. *Founded* 2023 San Carlos, United States **$84M** last round Sept 2026
- 10 [**Osmo** Osmo is an AI-powered olfactory intelligence company founded in 2022, specializing in digitizing smell.](https://millionrounds.com/company/osmo) Osmo is an AI-powered olfactory intelligence company founded in 2022, specializing in digitizing smell. *Founded* 2023 New York, United States **$73M** last round Feb 2026
- 11 [**Shinobi Therapeutics** Shinobi Therapeutics develops immune-evasive iPS cell therapies for cancer treatment.](https://millionrounds.com/company/shinobi-therapeutics) Shinobi Therapeutics develops immune-evasive iPS cell therapies for cancer treatment. *Founded* 2023 South San Francisco, United States **$68M** last round Aug 2024
- 12 [**Hillstar Bio** Hillstar Bio is a Boston-based biotechnology company founded in 2023, specializing in precision immunology.](https://millionrounds.com/company/hillstar-bio) Hillstar Bio is a Boston-based biotechnology company founded in 2023, specializing in precision immunology. *Founded* 2023 Boston, United States **$67M** last round Mar 2025
- 13 [**Spiro Medical** Spiro Medical is a medical device company developing a groundbreaking Pulmonary Neuromodulation (PNM) System for asthma treatment.](https://millionrounds.com/company/spiro-medical) Spiro Medical is a medical device company developing a groundbreaking Pulmonary Neuromodulation (PNM) System for asthma treatment. *Founded* 2023 Menlo Park, United States **$67M** last round Jan 2026
- 14 [**Progentos Therapeutics** Progentos Therapeutics develops an approach to treat multiple sclerosis that stimulates the body's natural repair mechanisms.](https://millionrounds.com/company/progentos-therapeutics) Progentos Therapeutics develops an approach to treat multiple sclerosis that stimulates the body's natural repair mechanisms. *Founded* 2023 Watertown, United States **$65M** last round May 2024
- 15 [**Dualitas Therapeutics** Dualitas Therapeutics is a biotechnology company based in South San Francisco, CA, founded in 2023.](https://millionrounds.com/company/dualitas-therapeutics) Dualitas Therapeutics is a biotechnology company based in South San Francisco, CA, founded in 2023. *Founded* 2023 South San Francisco, United States **$65M** last round Sept 2025
- 16 [**Kynexis** Kynexis B.V.](https://millionrounds.com/company/kynexis) Kynexis B.V. *Founded* 2023 Cambridge, Netherlands **$61M** last round Nov 2023
- 17 [**Trogenix** Trogenix is a biotechnology company dedicated to developing precision cancer gene therapies for solid tumors.](https://millionrounds.com/company/trogenix) Trogenix is a biotechnology company dedicated to developing precision cancer gene therapies for solid tumors. *Founded* 2023 Edinburgh, United Kingdom **$55M** last round Oct 2025
- 18 [**Kimia Therapeutics** Kimia Therapeutics, Inc.](https://millionrounds.com/company/kimia-therapeutics) Kimia Therapeutics, Inc. *Founded* 2023 Berkeley, United States **$55M** last round Dec 2023
- 19 [**NewBiologix** NewBiologix is a biotechnology and technology innovation company based in Epalinges, Switzerland, founded in 2022-2023.](https://millionrounds.com/company/newbiologix) NewBiologix is a biotechnology and technology innovation company based in Epalinges, Switzerland, founded in 2022-2023. *Founded* 2023 Epalinges, Switzerland **$50M** last round May 2023
- 20 [**PhaseV** PhaseV is a Boston-based technology company founded in 2023 that specializes in optimizing clinical development for biopharma sponsors and contract research org](https://millionrounds.com/company/phasev) PhaseV is a Boston-based technology company founded in 2023 that specializes in optimizing clinical development for biopharma sponsors and contract research org *Founded* 2023 Cambridge, United States **$50M** last round May 2025
- 21 [**Pi Health** Pi Health is a provider of platforms to assist oncology-related clinical trials with identifying sites and helping sponsors manage sites](https://millionrounds.com/company/pi-health) Pi Health is a provider of platforms to assist oncology-related clinical trials with identifying sites and helping sponsors manage sites *Founded* 2023 Cambridge, United States **$40M** last round Apr 2026
- 22 [**Orakl Oncology** Orakl Oncology is a French techbio startup founded in 2023 as a spin-off from the Gustave Roussy Institute, a leading cancer research center.](https://millionrounds.com/company/orakl-oncology) Orakl Oncology is a French techbio startup founded in 2023 as a spin-off from the Gustave Roussy Institute, a leading cancer research center. *Founded* 2023 Paris, France **$35M** last round Nov 2026
- 23 [**Kinish** Kinish Inc.](https://millionrounds.com/company/kinish) Kinish Inc. *Founded* 2023 Tokyo, Japan **$35M** last round Oct 2026
- 24 [**Cloverleaf Bio** Cloverleaf Bio is a biotechnology company based in New Haven, Connecticut, founded in 2023.](https://millionrounds.com/company/cloverleaf-bio) Cloverleaf Bio is a biotechnology company based in New Haven, Connecticut, founded in 2023. *Founded* 2023 New Haven, United States **$33M** last round Sept 2026
- 25 [**Advanced Medicine Partners** Advanced Medicine Partners is a biotechnology company focused on process development, manufacturing, analytical development, and testing for advanced therapy pr](https://millionrounds.com/company/advanced-medicine-partners) Advanced Medicine Partners is a biotechnology company focused on process development, manufacturing, analytical development, and testing for advanced therapy pr *Founded* 2023 Cary, United States **$32M** last round Jun 2024
- 26 [**Oorja Bio** Oorja Bio is a Houston-based clinical-stage biopharmaceutical company founded in 2023.](https://millionrounds.com/company/oorja-bio) Oorja Bio is a Houston-based clinical-stage biopharmaceutical company founded in 2023. *Founded* 2023 Houston, United States **$30M** last round May 2026
- 27 [**Superpower** Superpower is a health-tech subscription company based in Los Angeles, founded in 2023 by Jacob Peters, Max Marchione, and Kevin Unkrich.](https://millionrounds.com/company/superpower) Superpower is a health-tech subscription company based in Los Angeles, founded in 2023 by Jacob Peters, Max Marchione, and Kevin Unkrich. *Founded* 2023 San Francisco, United States **$30M** last round Apr 2025
- 28 [**BioOrbit** BioOrbit is a UK-based biotechnology startup focused on space-based drug development and pharmaceutical manufacturing.](https://millionrounds.com/company/bioorbit) BioOrbit is a UK-based biotechnology startup focused on space-based drug development and pharmaceutical manufacturing. *Founded* 2023 London, United Kingdom **$27M** last round Oct 2026
- 29 [**Accipiter Biosciences** Accipiter Biosciences is a biotechnology company.](https://millionrounds.com/company/accipiter-biosciences) Accipiter Biosciences is a biotechnology company. *Founded* 2023 Seattle, United States **$23M** last round Jul 2026
- 30 [**Spore.Bio** Spore.Bio is a French deeptech startup founded in January 2023 and based in Paris.](https://millionrounds.com/company/spore-bio) Spore.Bio is a French deeptech startup founded in January 2023 and based in Paris. *Founded* 2023 Paris, France **$23M** last round Jan 2026
- 31 [**VRG Therapeutics** VRG Tx is technology-driven biotech with a drug discovery platform that integrates AI with wet lab processes to develop next-generation therapeutics.](https://millionrounds.com/company/vrg-therapeutics) VRG Tx is technology-driven biotech with a drug discovery platform that integrates AI with wet lab processes to develop next-generation therapeutics. *Founded* 2023 Budapest, Hungary **$21M** last round Feb 2024
- 32 [**Tolerance Bio** Tolerance Bio is a biotechnology company founded in 2023 and based in Philadelphia, Pennsylvania, with operations in Chapel Hill, North Carolina.](https://millionrounds.com/company/tolerance-bio) Tolerance Bio is a biotechnology company founded in 2023 and based in Philadelphia, Pennsylvania, with operations in Chapel Hill, North Carolina. *Founded* 2023 Philadelphia, United States **$20M** last round Jun 2026
- 33 [**Junevity** Junevity is a biotechnology company based in San Francisco, founded in 2023 as a spin-out from the University of California, San Francisco (UCSF).](https://millionrounds.com/company/junevity) Junevity is a biotechnology company based in San Francisco, founded in 2023 as a spin-out from the University of California, San Francisco (UCSF). *Founded* 2023 San Francisco, United States **$20M** last round Sept 2026
- 34 [**Novellia** Novellia is an AI-enabled personal health data company based in New York City, founded in 2023 by Shashi Shankar.](https://millionrounds.com/company/novellia) Novellia is an AI-enabled personal health data company based in New York City, founded in 2023 by Shashi Shankar. *Founded* 2023 New York, United States **$18M** last round Jun 2026
- 35 [**Primrose Bio** Primrose Bio is a biotechnology company that focuses on discovery, development, and manufacturing of new molecules.](https://millionrounds.com/company/primrose-bio) Primrose Bio is a biotechnology company that focuses on discovery, development, and manufacturing of new molecules. *Founded* 2023 San Diego, United States **$17M** last round Sept 2026
- 36 [**Forest Neurotech** Forest Neurotech to empower individuals and improving lives by developing a minimally invasive ultrasonic whole-brain computer interface.](https://millionrounds.com/company/forest-neurotech) Forest Neurotech to empower individuals and improving lives by developing a minimally invasive ultrasonic whole-brain computer interface. *Founded* 2023 Palo Alto, United States **$14M** last round Mar 2024
- 37 [**Biostate AI** Biostate AI is a biotechnology startup founded in 2023, focused on precision health through the integration of generative AI and RNA sequencing.](https://millionrounds.com/company/biostate-ai) Biostate AI is a biotechnology startup founded in 2023, focused on precision health through the integration of generative AI and RNA sequencing. *Founded* 2023 Houston, United States **$12M** last round May 2025
- 38 [**Generation Lab** Generation Lab measures molecular disbalance a marker of aging using a straightforward cheek-swab test combined with patented methodologies.](https://millionrounds.com/company/generation-lab) Generation Lab measures molecular disbalance a marker of aging using a straightforward cheek-swab test combined with patented methodologies. *Founded* 2023 Burlingame, United States **$11M** last round Oct 2025
- 39 [**Axithra** Axithra is a Belgian health technology company founded in 2023, emerging from the Photonics Research Group at Ghent University and imec.](https://millionrounds.com/company/axithra) Axithra is a Belgian health technology company founded in 2023, emerging from the Photonics Research Group at Ghent University and imec. *Founded* 2023 Ghent, Belgium **$11M** last round Sept 2023
- 40 [**ALLOX** ALLOX is a techbio startup founded in 2023, emerging from Barcelona's Centre for Genomic Regulation.](https://millionrounds.com/company/allox) ALLOX is a techbio startup founded in 2023, emerging from Barcelona's Centre for Genomic Regulation. *Founded* 2023 Barcelona, Spain **$11M** last round Oct 2026
- 41 [**Amlogenyx** Amlogenyx is a novel gene therapeutics company that focuses on developing lysosome-based treatments for Alzheimer's disease.](https://millionrounds.com/company/amlogenyx) Amlogenyx is a novel gene therapeutics company that focuses on developing lysosome-based treatments for Alzheimer's disease. *Founded* 2023 Somerville, United States **$10M** last round Jul 2026
- 42 [**Synthesize Bio** Synthesize Bio is a biotechnology company based in Seattle, founded in 2023.](https://millionrounds.com/company/synthesize-bio) Synthesize Bio is a biotechnology company based in Seattle, founded in 2023. *Founded* 2023 Seattle, United States **$10M** last round Sept 2025
- 43 [**Tracer Biotechnologies** Tracer Biotechnologies, Inc.](https://millionrounds.com/company/tracer-biotechnologies) Tracer Biotechnologies, Inc. *Founded* 2023 New York, United States **$10M** last round Dec 2024
- 44 [**Orbit Technologies** Orbit Technologies develops non-invasive brain-computer interfaces to improve gaming and virtual reality experiences.](https://millionrounds.com/company/orbit-technologies) Orbit Technologies develops non-invasive brain-computer interfaces to improve gaming and virtual reality experiences. *Founded* 2023 Boston, United States **$9.8M** last round Feb 2025
- 45 [**Kappa Biosciences** The next big solution for biotechnology and bioscience research](https://millionrounds.com/company/kappa-biosciences) The next big solution for biotechnology and bioscience research *Founded* 2023 United States **$8.5M** last round Dec 2023
- 46 [**Adjuvia Therapeutics** Adjuvia Therapeutics is a clinical-stage biopharmaceutical company located in San Francisco.](https://millionrounds.com/company/adjuvia-therapeutics) Adjuvia Therapeutics is a clinical-stage biopharmaceutical company located in San Francisco. *Founded* 2023 San Francisco, United States **$8.0M** last round Jul 2026
- 47 [**ALKemist Bio** ALKemist Bio is a biotechnology company based in Turin, Italy, founded in 2023.](https://millionrounds.com/company/alkemist-bio) ALKemist Bio is a biotechnology company based in Turin, Italy, founded in 2023. *Founded* 2023 Turin, Italy **$7.6M** last round Dec 2023
- 48 [**Sortera Bio** Sortera Bio is harnessing Deep Screening to address the toughest challenges in biologics discovery.](https://millionrounds.com/company/sortera-bio) Sortera Bio is harnessing Deep Screening to address the toughest challenges in biologics discovery. *Founded* 2023 Cambridge, United Kingdom **$7.1M** last round May 2025
- 49 [**Level Zero Health** Building cutting-edge biosensor technology.](https://millionrounds.com/company/level-zero-health) Building cutting-edge biosensor technology. *Founded* 2023 San Francisco, United Kingdom **$6.9M** last round Feb 2025
- 50 [**Cantai Therapeutics** Cantai Therapeutics is a biotechnology company dedicated to developing bispecific antibodies aimed at treating autoimmune and inflammatory diseases.](https://millionrounds.com/company/cantai-therapeutics) Cantai Therapeutics is a biotechnology company dedicated to developing bispecific antibodies aimed at treating autoimmune and inflammatory diseases. *Founded* 2023 Philadelphia, United States **$6.5M** last round Jan 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies founded in 2023 whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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## More biotech lists

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