Top Venture Capital Firms & Investors for Biotech Startups in 2025

The biotech sector experienced a major rebound in 2024, with venture funding surging after a slowdown in 2022–23. In the U.S. and Europe, biotech startups collectively raised $28.1 billion in venture capital, marking a 33% increase from the previous year’s $21.2 billion. This renewed confidence in biotech investment was characterized by larger funding rounds but fewer deals overall, signaling a shift toward high-conviction bets on select companies.

Investors play a critical role in the biotech ecosystem. They provide the necessary capital to fund research, development, and commercialization of new technologies. Understanding the landscape of biotech investment in 2024 can give startups a significant edge in attracting and securing the right partners. We have therefore listed the worlds all BioTech investors.

Leading Biotech Venture Capital Firms and Investors

Biotech remains dominated by sector-specialized investors, with several top-tier venture capital firms and corporate backers leading the largest deals in 2024.

Among the most active biotech VCs were
Novo Holdings, Frazier Life Sciences, Arch Venture Partners, and Forbion Ventures, all of which played key roles in financing high-growth startups and emerging biopharma innovators.

In a sign of growing crossover between biotech and Silicon Valley, leading tech-focused funds are expanding into biotech investing. Andreessen Horowitz (
a16z Bio Fund) and SoftBank made high-profile biotech bets in 2024, particularly in the AI-driven drug discovery space.

For example, a16z backed Genesis Therapeutics, a biotech startup using AI to accelerate drug development, reinforcing the trend of computational biology bridging the gap between biotech and tech investing.

Key Biotech Startups and Funding Trends in 2025

Several biotech startups secured blockbuster funding rounds in 2024, underscoring the renewed investor confidence in the industry. Xaira Therapeutics, a next-generation biotech company, raised a record-breaking $1 billion launch round, marking one of the largest biotech fundings of the year. This mega-deal set the tone for a wave of $100M+ early-stage biotech financings, signaling strong institutional backing for breakthrough science.

Two standout biotech startups, Seaport Therapeutics and Exsilio Therapeutics, both founded by renowned scientists with successful exits, raised Series A rounds exceeding $100–200 million each. Investors are increasingly betting on experienced biotech founders, providing them with large-scale funding from the outset to accelerate drug development and commercialization.

With biotech investment at an all-time high, a wave of AI-powered drug discovery startups, and pharmaceutical giants increasingly backing venture-stage innovation, 2025 is set to be a transformative year for biotech startups and investors.

All BioTech Investors Globally

Khosla Ventures
Founded
2004
Investments
1027
Exits
141
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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Kleiner Perkins
Founded
1972
Investments
1347
Exits
317
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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LRVHealth
Founded
2000
Investments
69
Exits
11
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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LYFE Capital
Founded
2014
Investments
43
Exits
5
Investment stage
Seed
Series A
Series B
Company profile
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LYZZ Capital
Founded
Investments
16
Exits
1
Investment stage
Series D
Company profile
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Level One Fund
Founded
2019
Investments
7
Exits
0
Investment stage
Series A
Series B
Series C
Company profile
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Lifeforce Capital
Founded
2015
Investments
51
Exits
5
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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Lifeline Ventures
Founded
2009
Investments
139
Exits
16
Investment stage
Seed
Series A
Series B
Company profile
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Lightspeed China Partners
Founded
2006
Investments
138
Exits
10
Investment stage
Seed
Series A
Series B
Company profile
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Lightspeed Venture Partners
Founded
2000
Investments
1148
Exits
205
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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Logos Capital
Founded
2019
Investments
86
Exits
45
Investment stage
Series C
Series D
Series B
Company profile
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Lowercarbon Capital
Founded
2018
Investments
48
Exits
0
Investment stage
Pre-Seed
Seed
Series A
Company profile
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Lumira Ventures
Founded
1989
Investments
82
Exits
19
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
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Lux Capital
Founded
2000
Investments
403
Exits
47
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
See full breakdown
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M13
Founded
2016
Investments
98
Exits
17
Investment stage
Pre-Seed
Seed
Series A
Company profile
See full breakdown
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MB Venture Partners
Founded
2001
Investments
90
Exits
12
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
See full breakdown
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MDI Ventures
Founded
2016
Investments
82
Exits
10
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
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MVM Life Science Partners
Founded
1997
Investments
59
Exits
21
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
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Madrona Venture Group
Founded
1995
Investments
450
Exits
92
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
See full breakdown
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Magnetic Ventures
Founded
2019
Investments
13
Exits
1
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
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Matrix Partners China
Founded
1977
Investments
653
Exits
43
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
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Maveron
Founded
1998
Investments
283
Exits
65
Investment stage
Pre-Seed
Seed
Series A
Company profile
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Mayfield Fund
Founded
1969
Investments
622
Exits
182
Investment stage
Pre-Seed
Seed
Series A
Company profile
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Menlo Ventures
Founded
1976
Investments
717
Exits
167
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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What factors should biotech startups consider when choosing investors?

Biotech startups should consider several factors when choosing investors, including the investor's industry expertise, the level of support provided, their track record with similar companies, and their alignment with the startup's values and goals. Finding investors who offer not just financial resources but also strategic guidance and networking opportunities can be crucial for the growth and success of the company.

How can startups demonstrate their potential to investors?

Startups can demonstrate their potential to investors by showcasing a clear, compelling value proposition, a well-defined business model, and the scientific validity of their technology or approach. Additionally, highlighting a strong management team, successful pilot studies or clinical trials, and a robust intellectual property portfolio can further enhance their attractiveness to investors.

What is sustainable and ethical investment in biotech?

Sustainable and ethical investment in biotech focuses on investments that consider not just financial returns but also the broader impact on society and the environment. This includes promoting practices that are environmentally sustainable, socially responsible, and ethically sound. Startups that prioritize these values are more likely to attract investors who are committed to making a positive difference.

Who are some of the key investors in the biotech industry?

Some key investors in the biotech industry include Arch Venture Partners, Flagship Pioneering, Third Rock Ventures, and Sofinnova Partners. These investors are known for their significant contributions to supporting innovative biotech ventures and helping startups achieve their goals.