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Investor profile

Illumina Ventures

USGBFRIEDEBio/PharmaHealthtechAI/MLDeep TechOther

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Investment thesis

Illumina Ventures is the premier genomics and precision health venture firm, investing in early-stage companies to improve human health. Independently managed with a strategic relationship with Illumina (Nasdaq: ILMN), the firm brings depth of knowledge, decades of domain expertise, and strong operating experience to identify and build companies that will transform healthcare. The firm focuses on life science tools, clinical diagnostics, therapeutics platforms, digital health, and other applications of genomics — backing great teams with technology platforms that have broad applicability across multiple market opportunities. Through Illumina Ventures Labs, it accelerates value creation for early-stage genomics start-ups via access to capital, sequencing, mentorship, and fully equipped genomics lab capabilities.

Notable quotes

Genomics and precision medicine are revolutionizing the healthcare industry. This larger fund enables us to pursue more ambitious projects in the US and Europe while building upon the strategies and core values that have been successful in the past.

Nick Naclerio · Illumina Ventures press release – Fund II close · 2021-09-20

It's a great time to be investing in genomics. Rapid advances in both sequencing technology and our understanding of the human genome are creating lots of opportunities to build exciting companies. Many of our portfolio companies are pursuing approaches that would not have been practical or even possible five years ago. We like to back great teams with technology platforms that have broad applicability across multiple markets opportunities.

Nick Naclerio · MedCity News interview · 2017-10-01

Illumina Ventures supports innovative companies that are pursuing breakthrough science, and our partnership with Integrated Biosciences represents an investment in the intersection of healthcare, genomics, and sequencing.

Abhijit "Ron" Mazumder · CB Insights / Integrated Biosciences partnership announcement · 2024-05-05

Recent investments

CompanyRoundSizeDate
LightcastSeries C$27m2026-04-15
Hepta BioSeed$7m2025-11-05
DeepSeq.AISeed2025-12-10
Iambic TherapeuticsSeries B$100m2024-06-18
SonotheraSeries B$125m2024-01-01
Twist BioscienceSeries E2018-01-01
Sherlock BiosciencesSeries A2019-01-01
Alamar BiosciencesSeries B2022-01-01
DNAScriptSeries C2021-01-01
Encoded TherapeuticsSeries B2020-01-01

Frequent co-investors

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