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Formic Ventures

San Francisco, CA, United States

Overview

Diversified venture capital firm investing in biotechnology and technology

Founded

2014

Deals ยท 12mo

0

Links

WebsiteLinkedIn

Stage focus

Series A

Geographic focus

United States

Sector focus

Biotechnology
Finance
Financial Services
Venture Capital

Investment portfolio

9rounds
NAMEDATESIZE
SonoThera
Dec 2022Participated
$61 MSeries A
Arpeggio Bio
Sep 2022Participated
$17 MSeries A
Sampling Human
Apr 2022Participated
$2 MOther Equity
Aviron
Feb 2022Participated
$19 MSeries A
Framework
Feb 2022Participated
$18 MSeries A
Xcell Biosciences
Jan 2022Participated
$28 MSeries B
Aviron
Aug 2021Participated
$5 MSeed
Insilico Medicine
Jun 2021Participated
$255 MSeries C
Nanome
Feb 2021Participated
$3 MOther Equity
SonoThera
Dec 2022Participated
$61 MSeries A
Arpeggio Bio
Sep 2022Participated
$17 MSeries A
Sampling Human
Apr 2022Participated
$2 MOther Equity
Aviron
Feb 2022Participated
$19 MSeries A
Framework
Feb 2022Participated
$18 MSeries A
Xcell Biosciences
Jan 2022Participated
$28 MSeries B
Aviron
Aug 2021Participated
$5 MSeed
Insilico Medicine
Jun 2021Participated
$255 MSeries C
Nanome
Feb 2021Participated
$3 MOther Equity
9
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Formic Ventures: 9 funding rounds are recorded in the selected participation categories.All available history.
Formic Ventures: 9 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A04
Series B01
Series C+01
Other Equity02

Monthly Deal Activity

Formic Ventures: 9 deals are recorded across 69 months.All available history.
Formic Ventures: 9 deals are recorded across 69 months. All available history
MonthDeals
Feb '211
Mar '210
Apr '210
May '210
Jun '211
Jul '210
Aug '211
Sep '210
Oct '210
Nov '210
Dec '210
Jan '221
Feb '222
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Formic Ventures: Health & Life Sciences is the largest displayed sector by deal count (8 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.

Formic Ventures: Health & Life Sciences is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Health & Life Sciences8
AI & Machine Learning3
Consumer & Lifestyle2
Hardware & Robotics1
Manufacturing1
AR/VR1
Data, Analytics & IT1
Space & Frontier Tech1

Deal Size Distribution

Formic Ventures: 9 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.

Formic Ventures: 9 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M3
$5M-$10M0
$10M-$25M3
$25M-$50M1
$50M-$100M1
$100M-$250M0
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Formic Ventures: United States has the largest recorded deal count among the displayed regions (9 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Formic Ventures: United States has the largest recorded deal count among the displayed regions (9 deals). All available history
RegionDeals
United States9
Formic Ventures: 20 co-investors are shown, with Global Founders Capital sharing 2 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.

Formic Ventures: 20 co-investors are shown, with Global Founders Capital sharing 2 recorded deals. All available history
Co-investorShared deals
Global Founders Capital2
Alexandria Venture Investments1
Anorak Ventures1
ARCH Venture Partners1
ATEM Capital1
B Capital Group1
Baidu Ventures1
Bold Capital Partners1
Builders VC1
Bullpen Capital1
Casdin Capital1
CPE1
Deerfield Management1
Dynamk Capital1
Eight Roads Ventures1
Eli Lilly and Company1
Fifty Years1
Foothill Ventures1
FundersClub1
HBM Genomics1

Investment Strategy

Formic Ventures: Led accounts for 0% and participating for 100% of round participation.All available history.
Formic Ventures: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating9100%
Formic Ventures: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Formic Ventures: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Matt Shlosberg

Chief of Staff

Michael Antonov

Founder