Top Biotech Pharma Companies 2022
2020 and 2021 were historic years for the biotech industry, but 2022 has not proven to follow suit. As of Q2’22, only 23 biotech companies have gone public globally. This is 45 less IPOs than the same time last year, and the Nasdaq Biotech index is down by almost 19%.
However, despite economic uncertainty, many believe biotechs are recession-resistant. It’s predicted that biotech stocks will outperform for the second half of 2022, and that the market will rebound.
The companies that have raised the most funding so far are:
Funding Raised: $236M Series D
Investors: Alexandria Venture Investments, Bill Gates, Casdin Capital, DNS Capital, Euclidean Capital, Hartford HealthCare Endowment, Illumina Ventures, Lux Capital, Mubadala Investment Company, Parkwood, Polaris Partners, Stepstone Group, Tao Capital Partners, The Column Group, and Two Sigma Ventures
Country: United States
Funding Raised: $190M Series C
Investors: Andreessen Horowitz, Casdin Capital, City Hill Ventures, Driehaus Capital, Management, Foresite Capital, General Catalyst, Matrix Capital Management, Moore Strategic Ventures, NS Investment, Terra Magnum Capital Partners, Undisclosed Investors, and Woodline Partners
Country: United States
Funding Raised: $175M Series C
Investors: 3W Partners, ARCH Venture Partners, Blue Pool Capital, Fidelity Investments, GSK, Google Ventures, Invus Group, and MRL Ventures
Country: United States
| Entity Name | Status | Country | Industry | Latest Valuation (in Millions) |
Total Funding (in Millions)
|
| 3Z | Alive / Active | Iceland | Drug Discovery | $2.08 | $2.00 |
| AI Proteins | Alive / Active | United States | Biotechnology | $11.32 | |
| Abpro | Alive / Active | United States | Biotechnology | $2.00 | |
| AliveCor | Alive / Active | United States | Mobile Software & Services | $425.05 | $0.00 |
| AllStripes | Alive / Active | United States | Internet Software & Services | $304.03 | $45.20 |
| Alto Neuroscience | Alive / Active | United States | Biotechnology | $103.51 | $0.17 |
| Alto Pharmacy | Alive / Active | United States | E-Commerce | $1,000.00 | $0.54 |
| Alto Pharmacy | Alive / Active | United States | E-Commerce | $1,000.00 | $200.00 |
| Altoida | Alive / Active | United States | Mobile Software & Services | $62.62 | $14.00 |
| Amagma Therapeutics | Alive / Active | United States | Biotechnology | $2.28 | |
| Amend Surgical | Alive / Active | United States | Biotechnology | $0.37 | |
| AnaBios | Alive / Active | United States | Drug Development | $37.95 | $6.50 |
| Ark Biosciences | Alive / Active | China | Drug Discovery | $592.59 | $0.00 |
| Avellino | Alive / Active | United States |
Drug Development
|
$18.00 | |
| Behavidence | Alive / Active | United States |
Mobile Software & Services
|
$4.30 | |
| BenchSci | Alive / Active | Canada |
Internet Software & Services
|
$50.00 | |
| BigHat Biosciences | Alive / Active | United States | Biotechnology | $50.73 | $75.00 |
| BigHat Biosciences | Alive / Active | United States | Biotechnology | $50.73 | $0.16 |
| Biond | Alive / Active | Netherlands |
Healthcare Software
|
$4.00 | |
| Bloomlife | Alive / Active | United States | Health & Wellness (non-internet/mobile) | $24.34 | $0.00 |
| Buzzreach | Alive / Active | Japan |
Internet Software & Services
|
$4.78 | |
| Carmot Therapeutics | Alive / Active | United States | Drug Discovery | $207.33 | $160.00 |
| Celsius Therapeutics | Alive / Active | United States | Biotechnology | $123.60 | $83.00 |
| Centauri Therapeutics | Alive / Active | United Kingdom | Drug Development | $12.15 | $32.59 |
| Circuit Clinical | Alive / Active | United States | Medical Facilities & Services | $212.55 | $29.00 |
| Clinical Research IO | Alive / Active | United States | Healthcare Software | $51.12 | $9.00 |
| ConcertAI | Alive / Active | United States | Internet Software & Services | $1,900.00 | $150.00 |
| Curebase | Alive / Active | United States | Internet Software & Services | $8.20 | $40.00 |
| Curebase | Alive / Active | United States | Internet Software & Services | $8.20 | $0.25 |
| DR.Noah Biotech | Alive / Active | South Korea | Drug Discovery | $18.48 | $10.76 |
| Datacubed Health | Alive / Active | United States | Healthcare Software | $10.00 | $7.46 |
| Delve Health | Alive / Active | United States |
Mobile Software & Services
|
$0.50 | |
| Domain Therapeutics | Alive / Active | France | Biotechnology | $14.33 | $42.00 |
| Dozee | Alive / Active | India | Medical Devices & Equipment | $90.00 | $10.00 |
| Earable | Alive / Active | United States | Consumer Electronics | $14.54 | $6.60 |
| EarliTec Diagnostics | Alive / Active | United States |
Medical Devices & Equipment
|
$19.50 | |
| Empatica | Alive / Active | United States |
Mobile Software & Services
|
$25.95 | |
| Engitix | Alive / Active | United Kingdom | Biotechnology | $30.89 | $54.00 |
| EpiWatch | Alive / Active | United States |
Mobile Software & Services
|
$0.42 | |
| EpiWatch | Alive / Active | United States |
Mobile Software & Services
|
$0.00 | |
| Epic Sciences | Alive / Active | United States | Biotechnology | $177.53 | $43.00 |
| Eureka Therapeutics | Alive / Active | United States | Drug Discovery | $296.07 | $0.90 |
| FIMECS | Alive / Active | Japan | Drug Discovery | $10.33 | |
| Finnadvance | Alive / Active | Finland | Biotechnology | $1.30 | |
| Florence Healthcare | Alive / Active | United States | Internet Software & Services | $70.79 | $27.00 |
| Freenome | Alive / Active | United States | Disease Diagnosis | $2,622.09 | $290.00 |
| GI VITA | Alive / Active | South Korea |
Mobile Software & Services
|
$3.77 | |
| Gemelli Biotech | Alive / Active | United States | Biotechnology | $67.18 | $19.00 |
| Genomenon | Alive / Active | United States | Healthcare Software | $15.60 | $20.00 |
| Headlands Research | Alive / Active | United States |
Medical Facilities & Services
|
$2.87 | |
| High Enroll | Alive / Active | United States |
Medical Facilities & Services
|
$1.13 | |
| Hopewell Therapeutics | Alive / Active | United States | Biotechnology | $7.11 | |
| Hugo Biotechnology | Alive / Active | China | Biotechnology | $47.22 | |
| Huma | Alive / Active | United Kingdom | Mobile Software & Services | $300.00 | $33.00 |
| Impact Therapeutics | Alive / Active | China |
Drug Development
|
$0.00 | |
| Insilico Medicine | Alive / Active | Hong Kong | Drug Discovery | $630.00 | $35.00 |
| Insilico Medicine | Alive / Active | Hong Kong | Drug Discovery | $630.00 | $60.00 |
| Inspirna | Alive / Active | United States | Biotechnology | $117.67 | $50.00 |
| Integrated BioTherapeutics | Alive / Active | United States | Biotechnology | $0.05 | |
| Kallyope | Alive / Active | United States | Biotechnology | $1,216.47 | $236.00 |
| Kintsugi | Alive / Active | United States |
Mobile Software & Services
|
$20.00 | |
| Koneksa | Alive / Active | United States | Internet Software & Services | $216.37 | $45.00 |
| Laekna Therapeutics | Alive / Active | China |
Drug Development
|
$61.00 | |
| LifeMine Therapeutics | Alive / Active | United States | Biotechnology | $565.04 | $175.00 |
| Locus Biosciences | Alive / Active | United States | Biotechnology | $242.94 | $35.00 |
| Lucy Therapeutics | Alive / Active | United States | Drug Development | $8.44 | $15.04 |
| Lura Health | Alive / Active | United States |
Medical Devices & Equipment
|
$0.83 | |
| METiS Therapeutics | Alive / Active | United States | Drug Discovery | $64.00 | |
| METiS Therapeutics | Alive / Active | United States | Drug Discovery | $0.00 | |
| MITRO Biotech | Alive / Active | China |
Medical Facilities & Services
|
$0.00 | |
| MOMA Therapeutics | Alive / Active | United States | Drug Discovery | $86.30 | $150.00 |
| MX Labs | Alive / Active | Estonia |
Mobile Software & Services
|
$2.00 | |
| Maaind | Alive / Active | United Kingdom |
Internet Software & Services
|
$0.00 | |
| Manifold Bio | Alive / Active | United States |
Drug Development
|
$40.00 | |
| Marengo Therapeutics | Alive / Active | United States | Drug Development | $27.16 | $45.00 |
| Massive Bio | Alive / Active | United States | E-Commerce | $21.92 | $9.00 |
| Maze Therapeutics | Alive / Active | United States | Biotechnology | $724.85 | $190.00 |
| Mendel.ai | Alive / Active | United States | Internet Software & Services | $8.71 | $40.00 |
| Microbiotica | Alive / Active | United Kingdom | Biotechnology | $14.98 | $65.91 |
| Minoryx Therapeutics | Alive / Active | Spain | Drug Development | $95.87 | $0.00 |
| Modulus Discovery | Alive / Active | Japan | Drug Discovery | $20.37 | |
| Mondosano | Alive / Active | Germany |
Internet Software & Services
|
$0.00 | |
| Mygene | Alive / Active | China |
Disease Diagnosis
|
$0.00 | |
| Myoridge | Alive / Active | Japan |
Drug Development
|
$4.72 | |
| NMD Pharma | Alive / Active | Denmark | Biotechnology | $151.78 | $39.72 |
| NeuraLight | Alive / Active | Israel |
Internet Software & Services
|
$25.00 | |
| Neuro Weave | Alive / Active | China |
Disease Diagnosis
|
$0.00 | |
| Nortis | Alive / Active | United States | Biotechnology | $6.88 | $6.00 |
| NowRX | Alive / Active | United States | Mobile Commerce | $304.98 | $29.98 |
| Nucleix | Alive / Active | Israel | Disease Diagnosis | $18.42 | $22.00 |
| Octant Bio | Alive / Active | United States | Drug Discovery | $295.82 | $80.00 |
| Oculogica | Alive / Active | United States | Medical Devices & Equipment | $59.20 | $4.05 |
| Oncoshot | Alive / Active | Singapore |
Internet Software & Services
|
$0.00 | |
| Owkin | Alive / Active | United States | Healthcare Software | $1,000.00 | $80.00 |
| Panacro | Alive / Active | China |
Pharmaceuticals / Drugs
|
$0.00 | |
| Panthera Biopartners | Alive / Active | United Kingdom |
Pharmaceuticals / Drugs
|
$13.04 | |
| Peerbridge Health | Alive / Active | United States | Mobile Software & Services | $259.25 | $7.49 |
| Peptone | Alive / Active | United Kingdom | Drug Discovery | $40.00 | |
| PerioTherapia | Alive / Active | Japan | Drug Discovery | $3.46 | |
| PicnicHealth | Alive / Active | United States | Internet Software & Services | $14.55 | $60.00 |
| Pinteon Therapeutics | Alive / Active | United States | Biotechnology | $10.02 | $25.09 |
| Pregenerate | Alive / Active | Austria | Biotechnology | $0.00 | |
| Pro-ficiency | Alive / Active | United States |
Healthcare Software
|
$3.15 | |
| Protai | Alive / Active | Israel | Biotechnology | $8.00 | |
| RAIsonance | Alive / Active | United States |
Internet Software & Services
|
$2.50 | |
| RAIsonance | Alive / Active | United States |
Internet Software & Services
|
$1.59 | |
| Ractigen Therapeutics | Alive / Active | China |
Pharmaceuticals / Drugs
|
$31.48 | |
| Reify Health | Alive / Active | United States | Internet Software & Services | $4,800.00 | $220.00 |
| Ro | Alive / Active | United States | E-Commerce | $7,000.00 | $150.00 |
| SEngine Precision Medicine | Alive / Active | United States | Drug Development | $9.87 | $10.00 |
| SPARK Biopharma | Alive / Active | South Korea | Drug Discovery | $20.57 | |
| Scenic Biotech | Alive / Active | Netherlands | Drug Discovery | $30.30 | $31.00 |
| Seismic Therapeutics | Alive / Active | United States | Biotechnology | $101.00 | |
| Senda Biosciences | Alive / Active | United States | Biotechnology | $123.00 | |
| Sherlock Biosciences | Alive / Active | United States | Biotechnology | $151.29 | $80.00 |
| SiBionics | Alive / Active | China |
Medical Devices & Equipment
|
$78.70 | |
| Sleepiz | Alive / Active | Switzerland |
Medical Devices & Equipment
|
$1.94 | |
| Strados Labs | Alive / Active | United States | Mobile Software & Services | $25.09 | $4.50 |
| Structure Therapeutics | Alive / Active | United States | Drug Discovery | $7.00 | |
| Structure Therapeutics | Alive / Active | United States | Drug Discovery | $33.00 | |
| Syapse | Alive / Active | United States | Internet Software & Services | $91.48 | $35.00 |
| Toregem BioPharma | Alive / Active | Japan | Drug Discovery | $3.88 | |
| Trethera | Alive / Active | United States | Biotechnology | $3.83 | |
| TrialJectory | Alive / Active | United States | Internet Software & Services | $17.00 | $20.00 |
| Trialwell | Alive / Active | Finland |
Internet Software & Services
|
$0.23 | |
| Unlearn | Alive / Active | United States | Healthcare Software | $186.06 | $50.00 |
| VenatoRx Pharmaceuticals | Alive / Active | United States | Drug Discovery | $100.86 | $34.00 |
| Verana Health | Alive / Active | United States | Internet Software & Services | $231.17 | $150.00 |
| VeriSIM Life | Alive / Active | United States | Drug Development | $46.39 | $15.00 |
| VitalConnect | Alive / Active | United States | Medical Devices & Equipment | $71.52 | $39.00 |
| VivoSense | Alive / Active | United States |
Application & Data Integration Software
|
$25.00 | |
| Xilis | Alive / Active | United States | Drug Discovery | $198.84 | $19.00 |
| aiwell | Alive / Active | Japan |
Healthcare Software
|
$0.00 | |
| iLoF | Alive / Active | United Kingdom |
Internet Software & Services
|
$4.06 |
FAQ:
What is biotechnology?
Biotechnology is the use of biology to develop products using living materials. The most prominent approach is genetic engineering. Biotech companies mainly work in the fields of medicine, agriculture, and crop production.
What is an IPO?
Initial public offering, or IPO, is the process of a privately owned company (not listed on the stock exchange) selling its shares for the first time. This allows the company to raise equity capital from public investors.
What is a share price and market cap?
Share price indicates the value of the stock to buyers and sellers. It is the amount it would cost to buy a single share in a company. This is a reflection of the company’s value, and the total value of a company is called its market cap. This is determined by multiplying the price of a stock by its total number of outstanding shares.
How does CB Insights find the top IPO companies?
CB Insights has an extensive database of private and public companies, and is adding to the database daily by scanning public documents. Based on the in depth tagging process within our system, users can easily find records on the top IPO companies each year.
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