Top San Francisco Bay Area Biotech Startups, According to VCs
- Insider has asked leading venture capitalists to name biotech startups ready to take off next year.
- Here are the nine startups they named that are located in and around San Francisco.
- They are developing new cancer treatments and innovative ways to discover and manufacture drugs.
- See more stories on the Insider business page.
The San Francisco Bay Area is one of the hottest places for biotech startups, so we wanted to find the best biotechs headquartered there.
The Bay Area has been touted as the “birthplace of biotechnology” because it is where two professors from Stanford and the University of California at San Francisco launched Genentech in the 1970s.
It has exploded over the years. In the second quarter of 2021, life science companies in this region completed $ 23.6 billion in transactions, including two acquisitions worth $ 18 billion, a report from real estate firm Kidder Mathews said.
Insider spoke to 12 of the smartest and most connected venture capitalists in biotech to identify the most exciting startups. They come from some of the most influential companies in the industry, such as Arch Venture Partners, New Enterprise Associates, and Third Rock Ventures.
We asked each venture capitalist to name two private venture capital-backed biotechs that they thought were about to take off in the next 12 months: one from their firm’s portfolio and one they didn’t have. not invested.
They selected nine startups in the Bay Area that have raised a total of $ 1.7 billion since their launch.
Below are their picks for the San Francisco area, listed in alphabetical order. You can see the full list here.