The Venture Codex Logo

The Venture Codex

DCVC Bio

500 2nd Street, Floor 2, San Francisco, CA, 94107, United States

Overview

Venture capital fund investing in early-stage life science companies.

Founded

2018

Deals ยท 12mo

4

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

United States

Sector focus

AgTech
Biotechnology
Life Science

Investment portfolio

47rounds
NAMEDATESIZE
SyntaxBio
Jun 2026Participated
$14 MSeries A
Latus Bio
May 2026Participated
$43 MSeries A
Sidewinder Therapeutics
Apr 2026Participated
$137 MSeries B
AgZen
Mar 2026Led
$10 MSeries B
Nilo Therapeutics
Oct 2025Led
$101 MSeries A
Alchemab Therapeutics
Sep 2025Participated
$32 MSeries A
Grove Biopharma
Apr 2025Led
$30 MSeries A
Solu Therapeutics
Apr 2025Participated
$41 MSeries A
Newleos Therapeutics
Feb 2025Participated
$94 MSeries A
Umoja Biopharma
Jan 2025Led
$100 MSeries C
nChroma Bio
Dec 2024Participated
$75 MOther Equity
Latus Bio
May 2024Led
$54 MSeries A
SyntaxBio
Jun 2026Participated
$14 MSeries A
Latus Bio
May 2026Participated
$43 MSeries A
Sidewinder Therapeutics
Apr 2026Participated
$137 MSeries B
AgZen
Mar 2026Led
$10 MSeries B
Nilo Therapeutics
Oct 2025Led
$101 MSeries A
Alchemab Therapeutics
Sep 2025Participated
$32 MSeries A
Grove Biopharma
Apr 2025Led
$30 MSeries A
Solu Therapeutics
Apr 2025Participated
$41 MSeries A
Newleos Therapeutics
Feb 2025Participated
$94 MSeries A
Umoja Biopharma
Jan 2025Led
$100 MSeries C
nChroma Bio
Dec 2024Participated
$75 MOther Equity
Latus Bio
May 2024Led
$54 MSeries A
47
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

DCVC Bio: 47 funding rounds are recorded in the selected participation categories.All available history.
DCVC Bio: 47 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed21
Series A1613
Series B46
Series C+12
Other Equity02

Monthly Deal Activity

DCVC Bio: 47 deals are recorded across 98 months.All available history.
DCVC Bio: 47 deals are recorded across 98 months. All available history
MonthDeals
Sep '181
Oct '180
Nov '180
Dec '181
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '191
Jul '190
Aug '190
Sep '190
Oct '191
Nov '191
Dec '190
Jan '202
Feb '201
Mar '200
Apr '201
May '200
Jun '201
Jul '200
Aug '200
Sep '200
Oct '200
Nov '201
Dec '200
Jan '211
Feb '210
Mar '211
Apr '210
May '210
Jun '211
Jul '211
Aug '210
Sep '211
Oct '211
Nov '210
Dec '211
Jan '220
Feb '221
Mar '221
Apr '222
May '220
Jun '220
Jul '221
Aug '221
Sep '221
Oct '220
Nov '220
Dec '221
Jan '230
Feb '231
Mar '231
Apr '230
May '231
Jun '230
Jul '230
Aug '232
Sep '230
Oct '230
Nov '230
Dec '231
Jan '242
Feb '241
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '241
Jan '251
Feb '251
Mar '250
Apr '252
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '261
May '261
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

DCVC Bio: Health & Life Sciences is the largest displayed sector by deal count (42 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

DCVC Bio: Health & Life Sciences is the largest displayed sector by deal count (42 deals). All available history
SectorDeals
Health & Life Sciences42
Food & Agriculture5
Space & Frontier Tech5
Manufacturing4
AI & Machine Learning4
Consumer & Lifestyle4
Developer Tools3
Clean Energy & Sustainability2
Education & Workforce1
Hardware & Robotics1
Professional Services1
Transportation & Logistics1

Deal Size Distribution

DCVC Bio: 47 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

DCVC Bio: 47 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M1
$10M-$25M13
$25M-$50M16
$50M-$100M9
$100M-$250M8
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

DCVC Bio: United States has the largest recorded deal count among the displayed regions (42 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

DCVC Bio: United States has the largest recorded deal count among the displayed regions (42 deals). All available history
RegionDeals
United States42
Europe3
Canada2
DCVC Bio: 20 co-investors are shown, with Alexandria Venture Investments sharing 12 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

DCVC Bio: 20 co-investors are shown, with Alexandria Venture Investments sharing 12 recorded deals. All available history
Co-investorShared deals
Alexandria Venture Investments12
8VC8
Novo Holdings6
Casdin Capital5
Data Collective5
Eli Lilly and Company5
5AM Ventures4
Astellas Venture Management4
Cormorant Asset Management4
Longwood Fund4
Lux Capital4
MPM Capital4
Mubadala Investment Company4
RA Capital Management4
The Column Group4
AgFunder3
Deerfield Management3
Mubadala Capital3
Neotribe Ventures3
Qiming Venture Partners USA3

Investment Strategy

DCVC Bio: Led accounts for 49% and participating for 51% of round participation.All available history.
DCVC Bio: Led accounts for 49% and participating for 51% of round participation. All available history
CategoryDeals (count)Share (%)
Led2349%
Participating2451%
DCVC Bio: Single-lead accounts for 43% and co-led for 57% of lead dynamics.All available history.
DCVC Bio: Single-lead accounts for 43% and co-led for 57% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1043%
Co-led1357%

Team

Andy May

Entrepreneur In Residence

Anna Fokina

Investment Director

Eric Shiozaki

Partner

John Hamer

Founder

Justin Kern

Partner

Kiersten Stead

Founder