# Top 16 Biotech Startups in Portland by Funding (2026)

> The 16 best-funded biotech startups in Portland, ranked by total funding raised: $376M combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Vets First Choice** Vets First Choice provides veterinary practices with an online pharmacy and home delivery services.](https://millionrounds.com/company/vets-first-choice) Vets First Choice provides veterinary practices with an online pharmacy and home delivery services. *Founded* 2009 Portland, United States **$227M** last round Jul 2017
- 2 [**Vetsource** Vetsource is a data-driven pet health technology company based in Portland, Oregon.](https://millionrounds.com/company/vetsource) Vetsource is a data-driven pet health technology company based in Portland, Oregon. *Founded* 2008 Portland, United States **$50M** last round Jun 2018
- 3 [**Brave Care** Brave Care is a pediatric healthcare company focused on providing modern primary and urgent care specifically for children.](https://millionrounds.com/company/brave-care) Brave Care is a pediatric healthcare company focused on providing modern primary and urgent care specifically for children. *Founded* 2017 Portland, United States **$30M** last round Oct 2021
- 4 [**Torque** Torque is an open-source framework provider that specializes in self-configuring cloud systems for development operations (DevOps).](https://millionrounds.com/company/torque) Torque is an open-source framework provider that specializes in self-configuring cloud systems for development operations (DevOps). *Founded* 2020 Portland, United States **$25M** last round Nov 2017
- 5 [**MedRhythms** Medrhythms utilizes sensors, music, and software to develop evidence-based, neurologic interventions to measure and improve walking.](https://millionrounds.com/company/medrhythms) Medrhythms utilizes sensors, music, and software to develop evidence-based, neurologic interventions to measure and improve walking. *Founded* 2013 Portland, United States **$9.6M** last round Oct 2026
- 6 [**Caravel Bio** Caravel Bio is a biotechnology and synthetic biology company based in Portland, Oregon, founded in 2022.](https://millionrounds.com/company/caravel-bio) Caravel Bio is a biotechnology and synthetic biology company based in Portland, Oregon, founded in 2022. *Founded* 2022 Portland, United States **$9.0M** last round Oct 2026
- 7 [**NurseGrid** Nursegrid is a create digital communication and collaboration tools.](https://millionrounds.com/company/nursegrid) Nursegrid is a create digital communication and collaboration tools. *Founded* 2013 Portland, United States **$6.9M** last round Jan 2018
- 8 [**Madorra** Madorra is a women's health firm that develops solutions to improve quality of life after menopause.](https://millionrounds.com/company/madorra) Madorra is a women's health firm that develops solutions to improve quality of life after menopause. *Founded* 2014 Portland, United States **$6.0M** last round Dec 2022
- 9 [**Mimikai** Mimikai is a personal care brand specializing in insect protection through a bio-inspired approach.](https://millionrounds.com/company/mimikai) Mimikai is a personal care brand specializing in insect protection through a bio-inspired approach. *Founded* 2015 Portland, United States **$4.0M** last round Nov 2024
- 10 [**Hemex Health** Hemex Health is a provider of a diagnostic device designed for populations at risk for malaria and sickle cell disease.](https://millionrounds.com/company/hemex-health) Hemex Health is a provider of a diagnostic device designed for populations at risk for malaria and sickle cell disease. *Founded* 2016 Portland, United States **$3.0M** last round Mar 2023
- 11 [**Araceli Biosciences** Araceli Biosciences is a biotechnology company based in Tigard, Oregon, founded in 2020 as a spinout from Phoseon Technology.](https://millionrounds.com/company/araceli-biosciences) Araceli Biosciences is a biotechnology company based in Tigard, Oregon, founded in 2020 as a spinout from Phoseon Technology. *Founded* 2022 Portland, United States **$2.5M** last round Nov 2026
- 12 [**Birch Biosciences** Birch Biosciences is an AI-native cleantech startup based in Portland, Oregon, founded in 2021.](https://millionrounds.com/company/birch-biosciences) Birch Biosciences is an AI-native cleantech startup based in Portland, Oregon, founded in 2021. *Founded* 2021 Portland, United States **$1.6M** last round Feb 2023
- 13 [**AIKO Biotechnology** AIKO Biotechnology, Inc.](https://millionrounds.com/company/aiko-biotechnology) AIKO Biotechnology, Inc. *Founded* 2006 Portland, United States **$850K** last round Nov 2009
- 14 [**AvantBio** AvantBio develops bioscience, biomedicine, and chemistry products and processes for therapeutic, bioresearch, and chemical reagent markets.](https://millionrounds.com/company/avantbio) AvantBio develops bioscience, biomedicine, and chemistry products and processes for therapeutic, bioresearch, and chemical reagent markets. *Founded* 2008 Portland, United States **$300K** last round Dec 2010
- 15 [**Ubivac** UbiVac is a clinical-stage biotechnology company engaged in the research and development of therapeutic vaccines to combat cancer.](https://millionrounds.com/company/ubivac) UbiVac is a clinical-stage biotechnology company engaged in the research and development of therapeutic vaccines to combat cancer. *Founded* 2005 Portland, United States **$80K** last round Aug 2026
- 16 [**Veana Therapeutics** Veana Therapeutics is a Biotechnology Company based in Oregon.](https://millionrounds.com/company/veana-therapeutics) Veana Therapeutics is a Biotechnology Company based in Oregon. *Founded* 2012 Portland, United States **$50K** last round Jan 2022

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies 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.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back biotech startups in Portland in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More biotech lists

[See all](https://millionrounds.com/top-lists?t=Biotech)

[*IL* *NH* *CS* **Biotech startups in Europe** 1,665 companies · $22B](https://millionrounds.com/top-lists/biotech-startups-europe)[*GV* *IL* *RM* **Biotech startups that raised in 2026** 896 companies · $37B in 2026](https://millionrounds.com/top-lists/biotech-startups-raised-2026)[*IL* *CS* *ON* **Biotech startups in the United Kingdom** 588 companies · $15B](https://millionrounds.com/top-lists/biotech-startups-united-kingdom)[*GV* *RM* *M* **Biotech startups in the United States that raised in 2026** 498 companies · $32B in 2026](https://millionrounds.com/top-lists/biotech-startups-united-states-raised-2026)[*NH* *DT* *E* **Biotech startups founded in 2018** 368 companies · $14B](https://millionrounds.com/top-lists/biotech-startups-founded-2018)[*NR* *LL* *ST* **Biotech startups founded in 2020** 337 companies · $7.0B](https://millionrounds.com/top-lists/biotech-startups-founded-2020)[*E* *ET* *NA* **Biotech startups founded in 2019** 336 companies · $11B](https://millionrounds.com/top-lists/biotech-startups-founded-2019)[*IL* *RB* *VS* **Biotech startups founded in 2021** 275 companies · $12B](https://millionrounds.com/top-lists/biotech-startups-founded-2021)

## More lists for Portland

[See all](https://millionrounds.com/top-lists?r=Portland)

[*V* *S* *P* **Startups in Portland** 213 companies · $3.3B](https://millionrounds.com/top-lists/startups-portland)[*C* *B* *M* **IT Services startups in Portland** 22 companies · $130M](https://millionrounds.com/top-lists/it-services-startups-portland)[*P* *C* *OS* **AI startups in Portland** 18 companies · $521M](https://millionrounds.com/top-lists/ai-startups-portland)[*VF* *V* *BC* **Healthcare startups in Portland** 14 companies · $403M](https://millionrounds.com/top-lists/healthcare-startups-portland)[*AS* *C* *C* **Software startups in Portland** 13 companies · $286M](https://millionrounds.com/top-lists/software-startups-portland)[*P* *H* *H* **Big Data & Analytics startups in Portland** 12 companies · $480M](https://millionrounds.com/top-lists/big-data-startups-portland)[*NL* *NS* *CB* **Food & Beverage startups in Portland** 11 companies · $63M](https://millionrounds.com/top-lists/food-beverage-startups-portland)[*TV* *J* *C* **Internet startups in Portland** 11 companies · $176M](https://millionrounds.com/top-lists/internet-startups-portland)