A Cambridge, Massachusetts biotech-only venture firm that seeds and incubates new drug companies. Cancer companies it has built include Bicycle Therapeutics, Day One Biopharmaceuticals and Antares Therapeutics.
Atlas Venture dates from 1980 (Wikipedia) and today describes itself as having created and built biotech companies for over 30 years, with an in-house incubator that has launched 92 start-ups and produced 43 IPOs and 39 M&A exits according to its homepage. It leads seed and Series A rounds, often forming companies around a single academic insight. The portfolio page lists many oncology companies: Accent Therapeutics (RNA-modifying protein inhibitors for cancer), Antares Therapeutics (first-in-class precision medicines for cancer, the subject of a Novartis deal), Bicycle Therapeutics (bicyclic peptide drug conjugates, Nasdaq: BCYC), Day One Biopharmaceuticals (Nasdaq: DAWN), IFM Therapeutics (innate immunity for cancer, sold to BMS and Novartis), Ikena Oncology and K36 Therapeutics.
| Company | Stage | Type | Cancers | Latest round |
|---|---|---|---|---|
| K36 Therapeutics Cambridge, MA, US | Startup | biotech | Multiple myelomaProstate cancer | Series B 2023, $70M |
| Mariana Oncology Watertown, MA, US | Acquired | radiopharma | Small-cell lung cancer | Acquisition 2024, $1B |
| Nimbus Therapeutics Boston, MA, US | Growth stage | biotech | Crossover 2023, $210M | |
| Obsidian Therapeutics Cambridge, MA, US | Public | cell therapy | MelanomaNon-small-cell lung cancer | Crossover 2026, $350M |
| Pheon Therapeutics London, GB | Startup | biotech | Series B 2024, $120M | |
| Triana Biomedicines Lexington, MA, US | Startup | biotech | Non-small-cell lung cancerHR-positive / HER2-negative breast cancer | Series B 2025, $120M |
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