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MPM Capital — Portfolio

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

50
Companies
$3.8B
Total invested
$101.2M
Avg. check
18
Industries
Biotechnology 18Therapeutics 11Medical 10Health Care 9Pharmaceutical 7Biopharma 4+12 more
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Portfolio companies

Showing 1–24 of 50
Photys Therapeutics
September 2022

Photys Therapeutics’ proprietary bifunctional small molecules platform unlocks fine-tuned control of protein modifications.

Biotechnology · Cambridge$75.0M Series A
AstronauTx
September 2026

AstronauTx is a biotechnology company that develops small-molecule therapeutics for neurological diseases by targeting sleep architecture.

Biotechnology · London$1.2M Grant
Cerecor
August 2021

Cerecor discovers, develops and commercializes neuroscience drugs.

Biopharma · Baltimore$10.0M Post-IPO Debt
Orna Therapeutics
August 2022

Orna Therapeutics is a biotechnology company that specializes in fully engineered circular RNA therapeutics to treat various diseases.

Biotechnology · Cambridge$221.0M Series B
K2 Therapeutics
August 2026

K2 Therapeutics creates advanced antibody-based therapies focused on difficult multi-pass membrane targets to address unmet disease needs.

Biopharma · Boston$50.0M Seed
Rhythm Pharmaceuticals
July 2025

Rhythm is a biopharmaceutical company focused on developing and commercializing peptide therapeutics

Biotechnology · Boston$175.0M Post-IPO Equity
āshibio
June 2024

āshibio is a privately held biotechnology business exploring innovative therapies to treat bone and connective tissue ailments.

Biotechnology · Brisbane$40.0M Series A
ReNAgade Therapeutics
May 2023

ReNAgade Therapeutics focuses on the boundless potential of RNA therapeutics to treat disease.

Biotechnology · Cambridge$300.0M Series A
ITeos Therapeutics
May 2024

ITeos Therapeutics is a biotechnology company that specializes in tumor immunology, cancer immunotherapy, and drug discovery.

Biotechnology · Cambridge$120.0M Post-IPO Equity
Oncorus
April 2022

Oncorus is an immuno-oncology company developing oncolytic viruses to fight cancer.

Biotechnology · Cambridge$20.0M Post-IPO Debt
TriNetX
April 2026

TriNetX is a health research network that connects drug discovery and development from pharmaceutical companies.

Analytics · Cambridge$200.0M Corporate Round
Crossbow Therapeutics
March 2026

Crossbow Therapeutics is a biotech company that develops targeted therapies to address cancer antigens.

Biotechnology · Cambridge$77.0M Series B
NextPoint Therapeutics
February 2024

NextPoint Therapeutics is a clinical-stage biotechnology company that develops therapeutics to treat cancer patients.

Biotechnology · Cambridge$42.5M Series B
Reunion Neuroscience
May 2025

Reunion Neuroscience is a clinical-stage pharmaceutical company developing therapeutic solutions for underserved mental health conditions.

Biotechnology · Toronto$68.9M Venture - Series Unknown
Firefly Bio
February 2024

Firefly Bio specializes in Degrader Antibody Conjugates (DACs) which combine the unique strengths of ADCs with selective protein degraders.

Biotechnology · San Francisco$94.0M Series A
Deka Biosciences
December 2023

Early stage biotechnology company

Biotechnology · Germantown$29.9M Venture - Series Unknown
Arialys Therapeutics
September 2023

Arialys Therapeutics is a pre-clinical stage company that develops auto-antibody focusing on neuroscience.

Health Care · La Jolla$58.0M Seed
SiO2 Materials Science
December 2021

SiO2 Materials Science is a plastic container designing company.

Manufacturing · Auburn$205.0M Debt Financing
CODA Biotherapeutics
December 2021

CODA Biotherapeutics develops a chemogenetic platform designed to modulate neuronal activity.

Biotechnology · South San Francisco$28.0M Venture - Series Unknown
IOmx Therapeutics
October 2021

iOmx Therapeutics focuses on the development of cancer immunotherapy treatments.

Biopharma · Munich$75.4M Series B
Frontier Medicines
June 2024

Frontier Medicines is a biopharmaceutical company that develops a chemoproteomics platform to accelerate the development of medicines.

Biopharma · San Francisco$20.0M Series C
Werewolf Therapeutics
May 2022

Werewolf Therapeutics operates as an oncology biotherapeutics company.

Biotechnology · Cambridge$50.0M Post Ipo Secondary

Where MPM Capital invests

Biotechnology18
Therapeutics11
Medical10
Health Care9
Pharmaceutical7
Biopharma4

About MPM Capital's portfolio

How many companies has MPM Capital invested in?▸

MPM Capital has invested in 50 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does MPM Capital invest in?▸

MPM Capital's top investment sectors include Biotechnology, Therapeutics, Medical, Health Care, Pharmaceutical. The firm invests across 18 different industry categories.

What is MPM Capital's largest investment?▸

Among tracked funding rounds, ReNAgade Therapeutics received $300.0M in a Series A round. MPM Capital's total known invested capital is $3.8B.

What is the average investment size for MPM Capital?▸

MPM Capital's average investment size is $101.2M across its portfolio of 50 companies.

What are MPM Capital's most recent investments?▸

Recent MPM Capital portfolio additions include Photys Therapeutics, AstronauTx, Cerecor, Orna Therapeutics, K2 Therapeutics. These companies were founded in 2020 or later.

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