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28 Well-Known Unicorns in the Biotechnology Industry

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The number of successful companies in the Biotechnology industry and worth more than $1 billion is becoming increasingly hard to ignore.

Particularly when a lot of these companies were only founded within the last 5 years or so.

That’s why we decided to put together this list of 28 Biotechnology companies that have achieved the Unicorn status.

28 Biotechnology Unicorns Companies

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Biosplice Therapeutics

Biosplice Therapeutics

Biosplice Therapeutics is developing tissue-level regeneration technologies that will be used in the fields of functional medicine and regenerative medicine.

Details of the startup:

  • Valuation:

    $12.00

    B (

    August 2018

    )

  • Country:

    United States

  • City:

    San Diego

  • Started in:

    2008

  • Founders:

    Osman Kibar

  • Industries:

    Biotechnology, Health Care, Life Science

  • Number of employees:

    50-100

  • Funding Amount:

    $285.71M

  • Number of funding rounds:

    6

  • Number of investors:

    12

here

Tempus

Tempus

Our unique, AI-based technologies have the potential to transform healthcare and significantly advance precision medicine.

Details of the startup:

  • Valuation:

    $8.10

    B (

    March 2018

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2015

  • Founders:

    Eric Lefkofsky

  • Industries:

    Artificial Intelligence, Biotechnology, Health Care, Machine Learning, Medical

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,070.00M

  • Number of funding rounds:

    11

  • Number of investors:

    10

here

Caris Life Sciences

Caris Life Sciences

Caris Life Sciences enhances precision medicine by providing information about a patient's health to clinicians.

Details of the startup:

  • Valuation:

    $7.83

    B (

    May 2021

    )

  • Country:

    United States

  • City:

    Irving

  • Started in:

    1996

  • Founders:

    David D. Halbert

  • Industries:

    Biotechnology, Health Care, Health Diagnostics, Medical

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,314.49M

  • Number of funding rounds:

    5

  • Number of investors:

    19

here

Benchling

Benchling

Benchling is a cloud-based software platform for biologists and companies engaged in research and development.

Details of the startup:

  • Valuation:

    $6.10

    B (

    April 2021

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2012

  • Founders:

    Ashutosh Singhal, Cory Li, Sajith Wickramasekara

  • Industries:

    Biotechnology, Life Science, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $412.00M

  • Number of funding rounds:

    8

  • Number of investors:

    21

here

Color

Color

Color is a clinical genetics company that makes it possible to streamline the process of gathering genetic data.

Details of the startup:

  • Valuation:

    $4.60

    B (

    January 2021

    )

  • Country:

    United States

  • City:

    Burlingame

  • Started in:

    2013

  • Founders:

    Elad Gil, Nish Bhat, Othman Laraki, Taylor Sittler

  • Industries:

    Apps, Biotechnology, Electronic Health Record (EHR), Genetics, Health Care

  • Number of employees:

    500-1,000

  • Funding Amount:

    $496.04M

  • Number of funding rounds:

    9

  • Number of investors:

    35

here

Intarcia Therapeutics

Intarcia Therapeutics

Intarcia is a biotechnology company focused solely on the development of long-duration therapies to treat chronic diseases.

Details of the startup:

  • Valuation:

    $3.80

    B (

    April 2014

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    1995

  • Founders:

    David Franklin, James M. Ahlers, Thomas Alessi

  • Industries:

    Biotechnology, Health Care, Health Diagnostics, Medical Device, Personal Health

  • Number of employees:

    250-500

  • Funding Amount:

    $1,683.53M

  • Number of funding rounds:

    23

  • Number of investors:

    27

here

Apeel Sciences

Apeel Sciences

Apeel Sciences is accelerating the preservation of fresh produce with plant-derived shelf life extension technology.

Details of the startup:

  • Valuation:

    $2.00

    B (

    May 2020

    )

  • Country:

    United States

  • City:

    Goleta

  • Started in:

    2012

  • Founders:

    James Rogers

  • Industries:

    Agriculture, AgTech, Biotechnology, Waste Management

  • Number of employees:

    500-1,000

  • Funding Amount:

    $640.00M

  • Number of funding rounds:

    9

  • Number of investors:

    30

here

Preferred Networks

Preferred Networks

Preferred Networks specializes in building AI-led solutions that automate and optimize your business processes. They build real-world solutions that solve complex industry problems with cutting-edge technologies including deep learning, robotics and advanced analytics.

Details of the startup:

  • Valuation:

    $2.00

    B (

    May 2018

    )

  • Country:

    Japan

  • City:

    Tokyo

  • Started in:

    2014

  • Founders:

    Daisuke Okanohara, Morikawa Hiroyuki, Nishitoba Jiro, Toru Nishikawa

  • Industries:

    Artificial Intelligence, Biotechnology, Internet of Things, Machine Learning, Robotics, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $152.19M

  • Number of funding rounds:

    7

  • Number of investors:

    11

here

XtalPi

XtalPi

XtalPi is a software development company that takes drug R&D and uses artificial intelligence, machine learning, and artificial neural networks to create compounds that are more effective and cheaper to develop.

Details of the startup:

  • Valuation:

    $2.00

    B (

    August 2021

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2014

  • Founders:

    Jian Ma, Lipeng Lai, Shuhao Wen

  • Industries:

    Artificial Intelligence, Biotechnology, Pharmaceutical

  • Number of employees:

    50-100

  • Funding Amount:

    $342.37M

  • Number of funding rounds:

    10

  • Number of investors:

    22

here

Opentrons

Opentrons

OpenTrons is a developer of a pipetting robot technology designed to automate experiments.

Details of the startup:

  • Valuation:

    $1.80

    B (

    September 2021

    )

  • Country:

    United States

  • City:

    Brooklyn

  • Started in:

    2016

  • Founders:

    Chiu Chau, Nicholas Wagner, Will Canine

  • Industries:

    Biotechnology, Hardware, Robotics

  • Number of employees:

    250-500

  • Funding Amount:

    $250.83M

  • Number of funding rounds:

    8

  • Number of investors:

    11

here

Athelas

Athelas

Athelas creates technology that enables chronically ill people to be monitored in their homes.

Details of the startup:

  • Valuation:

    $1.50

    B (

    January 2022

    )

  • Country:

    United States

  • City:

    Mountain View

  • Started in:

    2016

  • Founders:

    Deepika Bodapati, Tanay Tandon

  • Industries:

    Biotechnology, Health Care, Life Science

  • Number of employees:

    No Data

  • Funding Amount:

    $136.08M

  • Number of funding rounds:

    4

  • Number of investors:

    16

here

Solugen

Solugen

Solugen is a specialty chemicals ​manufacturer creating chemistries that are safe, cost-effective, and environmentally-friendly.

Details of the startup:

  • Valuation:

    $1.50

    B (

    September 2021

    )

  • Country:

    United States

  • City:

    Houston

  • Started in:

    2016

  • Founders:

    Gaurab Chakrabarti, Sean Hunt

  • Industries:

    Biopharma, Biotechnology, GreenTech, Manufacturing

  • Number of employees:

    100-250

  • Funding Amount:

    $443.07M

  • Number of funding rounds:

    7

  • Number of investors:

    23

here

Alzheon

Alzheon

Alzheon is a biotechnology company developing therapies for brain function, memory and aging.

Details of the startup:

  • Valuation:

    $1.31

    B (

    September 2020

    )

  • Country:

    United States

  • City:

    Framingham

  • Started in:

    2013

  • Founders:

    Martin Tolar

  • Industries:

    Biotechnology, Clinical Trials, Health Care, Health Diagnostics, Therapeutics

  • Number of employees:

    10-50

  • Funding Amount:

    $94.40M

  • Number of funding rounds:

    7

  • Number of investors:

    3

here

HeartFlow

HeartFlow

HeartFlow is a new revolutionary diagnostic tool. It combines ultrasound imaging and artificial intelligence to non-invasively diagnose and detect myocardial fibrosis, a physical condition of the heart muscle that can lead to heart failure.

Details of the startup:

  • Valuation:

    $1.30

    B (

    December 2017

    )

  • Country:

    United States

  • City:

    Redwood City

  • Started in:

    2007

  • Founders:

    Charles A. Taylor, Christopher K. Zarins

  • Industries:

    Artificial Intelligence, Biotechnology, Health Care, Health Diagnostics, Medical, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $281.00M

  • Number of funding rounds:

    10

  • Number of investors:

    10

here

InSightec

InSightec

InSightec develops and manufactures MR-guided Focused Ultrasound devices for image-guided acoustic surgery. Their technology is based on patented Focused Ultrasound principles, and was designed to replace surgery.

Details of the startup:

  • Valuation:

    $1.30

    B (

    March 2020

    )

  • Country:

    Israel

  • City:

    Tirat Carmel

  • Started in:

    1999

  • Founders:

    Kobi Vortman

  • Industries:

    Biotechnology, Health Care, Manufacturing, Medical Device, Therapeutics

  • Number of employees:

    250-500

  • Funding Amount:

    $559.05M

  • Number of funding rounds:

    10

  • Number of investors:

    9

here

EQRx

EQRx

EQRx is a biotechnology company specializing in turning existing drugs into generic versions with greater clinical utility.

Details of the startup:

  • Valuation:

    $1.23

    B (

    January 2021

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2020

  • Founders:

    Alexis Borisy, Peter Bach, Sandra Horning

  • Industries:

    Biotechnology, Health Care, Medical, Pharmaceutical

  • Number of employees:

    250-500

  • Funding Amount:

    $700.00M

  • Number of funding rounds:

    3

  • Number of investors:

    21

here

Spiber

Spiber

Spiber is a Japanese biomaterials company engaged in the research of synthetic spider silk and other protein-based materials.

Details of the startup:

  • Valuation:

    $1.22

    B (

    September 2021

    )

  • Country:

    Japan

  • City:

    Tsuruoka

  • Started in:

    2007

  • Founders:

    Kazuhide Sekiyama, Sugawara Junichi

  • Industries:

    Advanced Materials, Biotechnology, Building Material, Life Science

  • Number of employees:

    100-250

  • Funding Amount:

    $911.62M

  • Number of funding rounds:

    17

  • Number of investors:

    21

here

Inari

Inari

Inari presents high performing plant varieties that improve the economic and environmental realities of production agriculture.

Details of the startup:

  • Valuation:

    $1.20

    B (

    May 2021

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2016

  • Founders:

    David Berry, Ignacio Martinez, Laura Lande-Diner

  • Industries:

    Agriculture, AgTech, Biotechnology

  • Number of employees:

    100-250

  • Funding Amount:

    $397.00M

  • Number of funding rounds:

    4

  • Number of investors:

    11

here

Prime Medicine

Prime Medicine

Prime Medicine operates as a biotechnology company that delivers the promise of gene editing using Prime Editing.

Details of the startup:

  • Valuation:

    $1.20

    B (

    July 2021

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2019

  • Founders:

    Andrew Anzalone, David R. Liu, Jeremy Duffield

  • Industries:

    Biotechnology, Genetics, Medical

  • Number of employees:

    50-100

  • Funding Amount:

    $150.93M

  • Number of funding rounds:

    2

  • Number of investors:

    12

here

Eat Just

Eat Just

EAT JUST is inspiring a global shift in perception towards veganism and plant- based foods.

Details of the startup:

  • Valuation:

    $1.10

    B (

    November 2017

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2011

  • Founders:

    Josh Balk, Josh Tetrick

  • Industries:

    Biotechnology, Food and Beverage, Food Processing, Nutrition, Organic Food

  • Number of employees:

    100-250

  • Funding Amount:

    $303.10M

  • Number of funding rounds:

    12

  • Number of investors:

    39

here

Aprogen

Aprogen

Aprogen is a biotechnology company delivering innovative and cost-effective solutions to patients.

Details of the startup:

  • Valuation:

    $1.04

    B (

    May 2019

    )

  • Country:

    South Korea

  • City:

    Seongnam-Si

  • Started in:

    2000

  • Founders:

    Jaeseob Kim

  • Industries:

    Biotechnology

  • Number of employees:

    10-50

  • Funding Amount:

    $62.12M

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

BenevolentAI

BenevolentAI

BenevolentAI is a biopharmaceutical company with an extensive focus on the development of machine learning technologies to accelerate drug discovery.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2015

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2013

  • Founders:

    Brent Gutekunst, Ivan Griffin, Ken Mulvany, Michael Brennan

  • Industries:

    Artificial Intelligence, Big Data, Biotechnology, Machine Learning, Neuroscience

  • Number of employees:

    50-100

  • Funding Amount:

    $345.55M

  • Number of funding rounds:

    3

  • Number of investors:

    6

here

LetsGetChecked

LetsGetChecked

LetsGetChecked is an at-home health testing platform that connects customers to regulated laboratory testing.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2021

    )

  • Country:

    Ireland

  • City:

    Dublin

  • Started in:

    2015

  • Founders:

    Peter Foley

  • Industries:

    Biotechnology, Health Care, Health Diagnostics, Medical, mHealth

  • Number of employees:

    500-1,000

  • Funding Amount:

    $263.00M

  • Number of funding rounds:

    4

  • Number of investors:

    13

here

Mammoth Biosciences

Mammoth Biosciences

Mammoth Biosciences develops novel CRISPR applications for disease detection, research, agriculture, biodefense, and more.

Details of the startup:

  • Valuation:

    $1.00

    B (

    September 2021

    )

  • Country:

    United States

  • City:

    Brisbane

  • Started in:

    2017

  • Founders:

    Ashley Tehranchi, Janice Chen, Jennifer Doudna, Lucas Harrington, Trevor Martin

  • Industries:

    Biotechnology, Genetics, Health Diagnostics, Life Science

  • Number of employees:

    100-250

  • Funding Amount:

    $279.69M

  • Number of funding rounds:

    7

  • Number of investors:

    26

here

iCarbonX

iCarbonX

iCarbonX offers a cutting-edge artificial intelligence platform for health data to increase the accuracy of predictions and to build a more predictive healthcare model based on human health data.

Details of the startup:

  • Valuation:

    $1.00

    B (

    April 2016

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2015

  • Founders:

    Chun Wu, Hao Li, Jun Wang, Yingrui Li

  • Industries:

    Artificial Intelligence, Biotechnology, Health Care, Machine Learning

  • Number of employees:

    100-250

  • Funding Amount:

    $306.16M

  • Number of funding rounds:

    2

  • Number of investors:

    3

here

Owkin

Owkin

Founded in 2016, Owkin uses artificial intelligence to find the right treatment for every patient.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2016

  • Founders:

    Gilles Wainrib, Thomas Clozel

  • Industries:

    Artificial Intelligence, Biotechnology, Clinical Trials, Machine Learning, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $254.10M

  • Number of funding rounds:

    7

  • Number of investors:

    15

here

TrialSpark

TrialSpark

TrialSpark is a technology company that helps bring treatments to patients faster by reimagining how clinical trials are run.

Details of the startup:

  • Valuation:

    $1.00

    B (

    September 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2014

  • Founders:

    Benjamine Liu, Kit Dobyns, Linhao Zhang

  • Industries:

    Biotechnology, Clinical Trials, Health Care

  • Number of employees:

    100-250

  • Funding Amount:

    $238.30M

  • Number of funding rounds:

    3

  • Number of investors:

    13

here

Ynsect

Ynsect

Ynsect is a company that delivers innovative solutions for the agro-food and environmental biotechnology industries, by providing biological control products and services.

Details of the startup:

  • Valuation:

    $1.00

    B (

    February 2019

    )

  • Country:

    France

  • City:

    Evry

  • Started in:

    2011

  • Founders:

    Alexis Angot, Antoine Hubert, Fabrice Berro, Jean-Gabriel Levon

  • Industries:

    Agriculture, AgTech, Animal Feed, Biotechnology, Farming, Nutrition

  • Number of employees:

    100-250

  • Funding Amount:

    $393.40M

  • Number of funding rounds:

    11

  • Number of investors:

    23

here
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