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Invus

750 Lexington Ave Fl 30, New York, NY, 10022, UNITED STATES

Overview

Invus recognizes that every company is unique and that extraordinary business performance cannot be achieved by following a formulaic approach. Due to their unique structure, they have a great deal of flexibility in the types of companies and situations where they can get involved. They know that real transformation takes time and that it is never a straight line. They fully align their incentives with their partners and have the wherewithal and long-term commitment to see through any bumps along the way. They have been successfully empowering owner-managers since 1985. They have been reinvesting the same pool of money from the same group of European families (through their Artal investment vehicle) since their founding. Today they manage over $4 billion in an evergreen fund and work out of offices in New York, London, Paris and Hong Kong.

Total investments
193
Lead investments
27
Investments · 12mo
18
Active investors
10

Sector focus

  • Application Performance Management
  • Business Development
  • Finance
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Investment portfolio

  • LifeMine Therapeutics

    Participated · Series E · Aug 2026

    LifeMine Therapeutics is developing LIFE-001, a long-acting injectable that directly binds calcineurin to prevent T-cell activation and aims to avoid the multiorgan toxicities associated with existing calcineurin inhibitors. LIFE-001 is in ongoing Phase 1 single- and multiple-ascending-dose studies involving over 120 adults and has not produced clinically meaningful renal, metabolic or cardiovascular safety signals to date. The company plans to use the new financing to fund a planned Phase 2 kidney transplant study and a Phase 1b islet cell transplant study of LIFE-001. Beyond LIFE-001, LifeMine applies a Top-Down Drug Discovery platform that leverages fungal genomic data, human genetics, bioinformatics, machine learning and synthetic biology to identify new mechanisms of action. Financially, the company has raised approximately $558 million to date. The company also strengthened its commercial leadership by appointing Yves Zinggeler as Chief Commercial Officer.

  • Flare Therapeutics

    Participated · Series C · Jun 2026

    Flare Therapeutics is a clinical-stage biotech headquartered in Cambridge, Mass., that focuses exclusively on drugging transcription factors using an integrated discovery platform to identify ligands to previously undrugged proteins. The company has prioritized FX-111, a first-in-class degrader targeting ARON for prostate cancer, which received IND clearance and is expected to enter clinical development in Q3 2026. FlareTx is also advancing an ARON RIPTAC program through preclinical development to complement FX-111 and expand its ability to address AR-driven prostate cancer. Separately, FX-909, an oral PPARG inhibitor targeting luminal lineage biology in urothelial cancer, is in a Phase 1B dose expansion and the company intends to progress it via an external partnership. The recent $85M Series C provides capital to advance these programs, support working capital and general corporate purposes. The company appointed Anna Protopapas as CEO concurrent with the financing to guide its next phase of clinical and corporate development.

  • Lycia Therapeutics

    Participated · Series D · Jun 2026

    Lycia Therapeutics is a California-based biotech company whose lead programs target disease-driving proteins that circulate in the blood. The company employs a platform the investor describes as able to reach proteins outside the cell, addressing targets conventional drugs cannot. Lycia has progressed through multiple financing rounds, with RTW Biotech participating in its Series B (September 2021), Series C (2024), and the current Series D. The recent Series D financing totals $75M, from which RTW invested $1.4M. Investors and coverage in the reporting frame the use of proceeds around advancing the pipeline toward clinical proof of concept. Financial metrics such as revenue or user counts were not disclosed in the article.

  • Osanni Bio

    Participated · Series B · Jun 2026

    Osanni Bio operates an innovation engine optimized for discovering scientific insights, designing novel drug concepts, and efficiently advancing programs to meaningful proof-of-concept. The platform-centric architecture combines centralized scientific and operational resources with an ecosystem of affiliate companies that receive graduated, de-risked programs and dedicated teams to scale them. Osanni is advancing multiple programs in ophthalmology and cardiology, among other areas. The company is headquartered in San Francisco and is led by a team of inventors and entrepreneurs with repeat company-creation experience. Financially, Osanni just closed a $190 million Series B led by Patient Square Capital to advance its pipeline and scale its discovery and development process.

  • City Therapeutics

    Participated · Series B · Jun 2026

    City Therapeutics is developing a pipeline of RNA interference (RNAi) therapeutics using a next‑generation RNAi engineering platform. The company has initiated a Phase 1 clinical trial of CITY‑FXI targeting Factor XI and reported positive preclinical data for CITY‑RBP4, a candidate for Stargardt disease. It has announced strategic collaborations with Bausch + Lomb and Biogen and plans to advance two programs to clinical stage this year while progressing additional programs toward the clinic by year‑end 2026. City Therapeutics is based in Cambridge, MA, and has raised over $230 million from life sciences investors to date. The recent $99.5 million Series B is intended to accelerate its platform, expand the pipeline, and support business development and partnership activities.

Team

  • Ray Debbane

    Co-Founder, President & Chief Executive Officer

    LinkedIn
  • Leslie Lake

    Co-Founder and Managing Director Hedge Fund

    LinkedIn
  • Jenny Junzhuo Wang

    Director

    LinkedIn
  • Addy Ho

    Vice President

    LinkedIn