TPG Biotech

2002

Founded

71

Investments

United States

Offices

Venture Fund

Investor Type

About

TPG Biotech is the life sciences venture capital platform of TPG, a leading global alternative asset manager. Established in 2002, TPG Biotech focuses on investing in pharmaceutical discovery and development, medical technology, diagnostics, healthcare and pharmaceutical services, life sciences, and industrial applications of biotechnology. The firm leverages TPG's extensive resources and expertise to support companies developing disruptive science, technologies, and business models aimed at improving patient outcomes in areas with significant unmet medical needs.

TPG Biotech's investment strategy is thematic, concentrating on sectors such as oncology, autoimmune and inflammatory diseases, cardiometabolic diseases, ophthalmology, rare diseases, as well as commercial-stage medical devices and tech-enabled services. The team brings deep scientific, clinical, and operational expertise to its investments, partnering with companies from early-stage development through clinical trials to commercialization. This approach is built upon TPG's market-leading healthcare franchise, which has invested over $30 billion across the global healthcare ecosystem since 2003.

Portfolio Companies

Bicara Therapeutics, Trevi Therapeutics

Gepgraphic Focus

Global

Key Differentiators

"Access to TPGs extensive resources and expertise", Thematic investment strategy focusing on high-impact areas, Deep scientific, clinical, and operational expertise, Comprehensive support from early-stage development through commercialization

Thypical Investment Size

Varies based on company needs and stage of development

Total Funds Raised

Over $30 billion invested across the global healthcare ecosystem since 2003

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Software

SaaS

Consumer

FinTech

San Francisco

Pre-Seed

Seed

Series A

Series B

Series C

Series D

United States