FundedIQ

Funded Biotechnology Startups in Redwood City

Redwood City has generated a concentrated run of biotechnology financings over the past five years, with the 23 companies shown ranging from a $100K grant…

Redwood City has generated a concentrated run of biotechnology financings over the past five years, with the 23 companies shown ranging from a $100K grant (Mango Materials, March 2022) to Revolution Medicines' $750M raise in December 2024 — the largest disclosed round in this set. Activity has accelerated in the most recent 24 months: seven rounds closed in 2024 and five more had already closed by mid-August 2025, including Kriya Therapeutics' $313M Series C and Soleno Therapeutics' $200M raise in July 2025.

Therapeutics companies account for the majority of entries, with oncology, rare disease, and gene therapy each represented by multiple names. A notable share of rounds carry no labeled stage — common across this list's late-stage and publicly traded companies — while genuine early-stage activity is limited to a handful of Seed and Series A deals, including REMspace's $1M Seed in July 2024 and Eigen Therapeutics' $7M Seed in December 2022. Round sizes cluster heavily at the high end: seven disclosed rounds exceed $100M.

Most recent rounds

23 shown
K
Kriya Therapeutics
Redwood City, United States · Biotechnology
Series C · Aug 2025
$313M
H
Heron Therapeutics
Redwood City, United States · Biotechnology
Series Unknown · Aug 2025
$145M
S
Soleno Therapeutics
Redwood City, United States · Biotechnology
Series Unknown · Jul 2025
$200M
B
Biomea Fusion
Redwood City, United States · Biotechnology
Series Unknown · Jun 2025
$40M
A
Ashvattha Therapeutics
Redwood City, United States · Biotechnology
Series B · Jan 2025
$50M
N
Nuvig Therapeutics
Redwood City, United States · Biotechnology
Series B · Dec 2024
$161M
R
Revolution Medicines
Redwood City, United States · Biotechnology
Series Unknown · Dec 2024
$750M
R
REMspace
Redwood City, United States · Biotechnology
Seed · Jul 2024
$1.0M
K
Karius
Redwood City, United States · Biotechnology
Series C · May 2024
$100M
C
Codexis
Redwood City, United States · Biotechnology
Series Unknown · Feb 2024
$40M
J
Jasper Therapeutics
Redwood City, United States · Biotechnology
Series Unknown · Feb 2024
$50M
T
Talphera
Redwood City, United States · Biotechnology
Series Unknown · Jan 2024
$8.0M
A
AcelRx Pharmaceuticals
Redwood City, United States · Biotechnology
Series Unknown · Jul 2023
$10M
C
Coherus Biosciences
Redwood City, United States · Biotechnology
Series Unknown · May 2023
$50M
E
Eigen Therapeutics
Redwood City, United States · Biotechnology
Seed · Dec 2022
$7.0M
N
Neurotrack
Redwood City, United States · Biotechnology
Series Unknown · Nov 2022
$10M
B
Biotricity
Redwood City, United States · Biotechnology
Grant · Sep 2022
$240k
A
AmMax
Redwood City, United States · Biotechnology
Series A · Aug 2022
Undisclosed
M
Mango Materials
Redwood City, United States · Biotechnology
Grant · Mar 2022
$100k
M
Maze Therapeutics
Redwood City, United States · Biotechnology
Venture - Series Unknown · Jan 2022
$190M
B
Bolt Biotherapeutics
Redwood City, United States · Biotechnology
· Jun 2021
$15M
G
Genapsys
Redwood City, United States · Biotechnology
· May 2021
$70M
P
PMV Pharmaceuticals
Redwood City, United States · Biotechnology
· Aug 2020
$70M

Related listings

Frequently asked

What are the largest rounds among Redwood City biotech companies in this dataset?

Revolution Medicines leads at $750M (December 2024), followed by Kriya Therapeutics at $313M Series C (August 2025) and Soleno Therapeutics at $200M (July 2025). Maze Therapeutics ($190M, January 2022) and Nuvig Therapeutics ($161M Series B, December 2024) round out the top five by disclosed amount.

Which companies closed rounds most recently?

The five most recent closes are Kriya Therapeutics (Series C, $313M, August 15 2025), Heron Therapeutics ($145M, August 8 2025), Soleno Therapeutics ($200M, July 10 2025), Biomea Fusion ($40M, June 17 2025), and Ashvattha Therapeutics (Series B, $50M, January 13 2025).

Why do so many rounds in this list show 'Series Unknown' instead of a labeled stage?

Several companies here — including Revolution Medicines, Heron Therapeutics, Soleno Therapeutics, and Coherus Biosciences — are publicly traded or late-stage, making traditional venture stage labels inapplicable. 'Series Unknown' in this context typically reflects registered direct offerings, at-the-market programs, or structured raises that don't map to a conventional Series A/B/C progression.

How active has Redwood City biotech fundraising been in 2024 and 2025?

Seven of the 23 rows closed in 2024, led by Revolution Medicines ($750M in December) and Karius ($100M Series C in May). Five closed in 2025 through mid-August — collectively accounting for over $748M in disclosed capital across Kriya, Heron, Soleno, Biomea Fusion, and Ashvattha.

Are there any early-stage biotechs in Redwood City represented here?

Two Seed rounds appear: REMspace ($1M, July 2024) and Eigen Therapeutics ($7M, December 2022). AmMax closed an undisclosed Series A in August 2022. These three represent the early-stage tail of a dataset otherwise dominated by growth-phase and late-stage raises.

What therapeutic focus areas are most represented among these companies?

Therapeutics development is the dominant category, covering gene therapy (Kriya Therapeutics), RAS-targeted oncology (Revolution Medicines), rare disease (Soleno Therapeutics, Maze Therapeutics), immuno-oncology (Bolt Biotherapeutics), and hematology (Jasper Therapeutics). Diagnostics (Karius), enzyme engineering (Codexis), and cognitive health monitoring (Neurotrack) also appear, though each as a single entry.

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