Stage FocusPre-Seed, Seed, Series A, Series B+
GeographyUS, Europe
TypeVC
Last Activity2025
Industry Focus
Industries
BiotechAgritechAISynthetic BiologyFood TechAdvanced Materials
Technical BenchStrong
Investor TypeDeepTech Purist
ExposureMostly DeepTech Investments
Bio
Flagship Pioneering, founded in 2000 by Noubar Afeyan PhD (MIT biochemical engineering), manages $14B in AUM with $10.9B in its aggregate capital pool. Fund VIII raised $2.6B in 2024, and $6.4B has been raised since 2021. The venture creation model—where internal scientists invent companies from scratch rather than investing in external startups—is unique in venture capital.
The portfolio of 147 ...
Notable Investments
M
ModernaR
ReceptosA
Acceleron PharmaT
Tessera TherapeuticsG
Generate:BiomedicinesI
Inari AgricultureS
Sana BiotechnologySimilar Funds
Sofinnova Partners
Paris, France
DeepTech NativeBiotechMedtechClimate TechSeedSeries A
Leaps by Bayer
Leverkusen, Germany
DeepTech NativeBiotechAgritechMedtechSeedSeries A
Ahren Innovation Capital
London, United Kingdom
DeepTech NativeBiotechRoboticsClimate TechSeedSeries A
Beyond Next Ventures
Tokyo, Japan
Pure DeepTechBiotechMedtechAIPre-SeedSeed
Cambridge Innovation Capital
Cambridge, United Kingdom
Pure DeepTechBiotechQuantumSemiconductorsSeedSeries A
Forbion
Naarden, Netherlands
Pure DeepTechBiotechSynthetic BiologyClimate TechSeedSeries A