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Biogen

North America, Massachusetts, United States, Cambridge

Description

Biogen Ventures, the corporate venture capital arm of the global biotechnology company Biogen, was established in 2016 to strategically invest in early-stage companies. This initiative underscores Biogen's commitment to fostering innovation in areas critical to its core business. With an initial capital commitment of $250 million, Biogen Ventures focuses on identifying and supporting promising startups developing novel therapeutics for neurological, neurodegenerative, and rare diseases, as well as innovative technologies that can advance drug discovery and development in these fields.

The venture arm primarily targets investments in Seed, Series A, and occasionally Series B funding rounds, reflecting its focus on early-stage opportunities. Beyond providing capital, Biogen Ventures aims to offer significant value to its portfolio companies through scientific expertise, strategic guidance, and access to Biogen's extensive R&D capabilities and industry network. This collaborative approach is designed to accelerate the development of groundbreaking therapies and potentially integrate them into Biogen's pipeline, thereby creating a symbiotic relationship between the corporate parent and its portfolio companies.

Biogen Ventures operates as a strategic investor, seeking alignment with Biogen's long-term research and development objectives. Its investment decisions are guided by the potential for scientific breakthroughs and the ability of portfolio companies to address unmet medical needs within its areas of interest. The fund's structure allows for flexibility in investment size, enabling participation in diverse early-stage rounds, from initial seed funding to more substantial Series B investments.

Through its targeted investments, Biogen Ventures plays a crucial role in the biotech ecosystem, helping to de-risk early-stage drug development and bring innovative solutions closer to patients. Its strategic mandate ensures that each investment not only offers financial returns but also contributes to the broader mission of advancing neuroscience and rare disease research.

Investor Profile

Biogen has backed more than 29 startups, with 1 new investments in the last 12 months alone. The firm has led 8 rounds, about 28% of its total and boasts 17 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Switzerland, Germany.
  • Strong thematic focus on Biotechnology, Health Care, Therapeutics.
  • Typical check size: $2M – $20M.

Stage Focus

  • Series C (24%)
  • Series Unknown (21%)
  • Series B (17%)
  • Series A (17%)
  • Series D (7%)
  • Corporate Round (3%)
  • Grant (3%)
  • Non Equity Assistance (3%)
  • Post Ipo Equity (3%)

Country Focus

  • United States (86%)
  • Switzerland (3%)
  • Germany (3%)
  • South Korea (3%)
  • The Netherlands (3%)

Industry Focus

  • Biotechnology
  • Health Care
  • Therapeutics
  • Medical
  • Life Science
  • Pharmaceutical
  • Biopharma
  • Information Technology
  • Health Diagnostics
  • Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Biogen frequently co-invest with?

Abingworth
Europe, England, United Kingdom, London
Co-Investments: 3
Pfizer Venture Investments
North America, New York, United States, New York
Co-Investments: 3
Bristol-Myers Squibb
North America, New York, United States, New York
Co-Investments: 3
Alexandria Venture Investments
North America, California, United States, Pasadena
Co-Investments: 3
Samsara BioCapital
North America, California, United States, Palo Alto
Co-Investments: 3
MPM Capital
North America, Massachusetts, United States, Boston
Co-Investments: 3
SR One
North America, Massachusetts, United States, Cambridge
Co-Investments: 3
Section 32
North America, California, United States, San Diego
Co-Investments: 3
Invus
North America, New York, United States, New York
Co-Investments: 3
ARCH Venture Partners
North America, Illinois, United States, Chicago
Co-Investments: 3

What are some of recent deals done by Biogen?

Autobahn Therapeutics

San Diego, California, United States

Autobahn Therapeutics is a developer of regenerative medicines to restore hope for people affected by CNS disorders.

BiotechnologyHealth CareLife ScienceTherapeutics
Series CJul 24, 2024
Amount Raised: $100,000,000
Autobahn Therapeutics

San Diego, California, United States

Autobahn Therapeutics is a developer of regenerative medicines to restore hope for people affected by CNS disorders.

BiotechnologyHealth CareLife ScienceTherapeutics
Series UnknownSep 8, 2022
Amount Raised: $32,700,000
Accure Health

Cambridge, Massachusetts, United States

Accure Health develops AI-powered, biomarker-guided solutions that enable precision therapies delivered to the right patients, right cells.

Health CareMedical
Non Equity AssistanceJan 1, 2022
SAGE Therapeutics

Cambridge, Massachusetts, United States

SAGE Therapeutics develops and delivers novel medicines for most debilitating and disabling central nervous system disorders.

BiotechnologyHealth CareMedicalTherapeutics
Post Ipo EquityNov 27, 2020
Amount Raised: $650,000,000
Autobahn Therapeutics

San Diego, California, United States

Autobahn Therapeutics is a developer of regenerative medicines to restore hope for people affected by CNS disorders.

BiotechnologyHealth CareLife ScienceTherapeutics
Series BJun 11, 2020
Amount Raised: $76,000,000
CAMP4 Therapeutics

Cambridge, Massachusetts, United States

CAMP4 Therapeutics is a biotechnology company that uses RNA to restore healthy gene expression.

BiopharmaBiotechnologyTherapeutics
Series UnknownJan 13, 2020
Amount Raised: $15,000,000
Samsung Bioepis

Incheon, Inch'on-jikhalsi, South Korea

Samsung Bioepis is a biopharmaceutical company.

BiotechnologyPharmaceutical
Series UnknownJun 28, 2018
Amount Raised: $667,534,598
Neurimmune Holding

Schlieren, Zurich, Switzerland

Neurimmune develops innovative immunotherapeutics for human diseases.

BiotechnologyInformation TechnologyPharmaceutical
Series UnknownOct 25, 2017
Amount Raised: $150,000,000
Solid Biosciences

Marlborough, Massachusetts, United States

Solid Biosciences is a life science company that conducts research for the treatment of Duchenne muscular dystrophy.

BiotechnologyGeneticsHealth CareMedical
Series CMar 30, 2017
Amount Raised: $50,000,000
True North Therapeutics

South San Francisco, California, United States

True North Therapeutics is a pioneering biotechnology company selectively inhibiting the Complement pathway for diseases.

BiotechnologyClinical TrialsHealth Care
Series AJun 17, 2014
Amount Raised: $22,000,000