Investor profile
Johnson & Johnson Innovation – JJDC
CVC
See how your deck fits this investor's thesis, stage, and ticket size.
Analyse your fitInvestment thesis
JJDC, Johnson & Johnson's corporate venture capital organization founded in 1973, invests across pharmaceuticals and medtech 'at all stages, from new company creation and seed-level startups to Series A and beyond, including private investments in public equity (PIPEs).' Guided by a clear, consistent investment strategy aligned with the scientific goals of Johnson & Johnson, JJDC works hand-in-hand with partners to help navigate the path to creating breakthrough health innovations, deploying the full capabilities of J&J including discovery, clinical development, regulatory affairs, manufacturing and commercialization. JJDC pursues opportunities to solve critical healthcare needs across therapeutics, medical devices, diagnostics, AI/ML and consumer healthcare. With over $3.2B in capital invested since 2016 and more than 100 active portfolio companies, JJDC takes a long-term, value-add approach—providing strategic direction, access to J&J's global expertise, and co-founding new companies alongside leading venture partners. The firm operates globally through Innovation Centers in Boston, San Francisco, London, and Shanghai, and the JLABS incubator network spanning 13+ locations worldwide.
Notable quotes
“In 2025 JJDC remained steadfast in our mission: to invest in transformative healthcare solutions that improve lives globally. Our long-term investment philosophy, aligned with Johnson & Johnson's strategic priorities, enabled us to support breakthrough science and technologies across the continuum of care.”
“Our capacity to navigate market fluctuations stems from our strategy of investing based on our solid balance sheet, regardless of whether we are in a bull or bear market.”
“JJDC brings over 50 years of corporate healthcare VC experience and invests across its two sectors—Innovative Medicines and MedTech—at all stages, from new company creation and seed-level startups to Series A and beyond, including private investments in public equity (PIPEs).”
Team
Chris Picariello
President, JJDC (Johnson & Johnson's Corporate Venture Capital Organization)
Gilad Glick
Vice President, Venture Investments
Christine Brennan
Vice President, Venture Investments
Fiona MacLaughlin
Vice President, Venture Investments
Biren Mehta
Vice President, Venture Investments
Sanjay Mistry
Vice President, Venture Investments – New Company Creation
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Citryll BV | Series B | $95m | 2024-11 |
| Stylus Medicine | Series A | $10m | 2025-05 |
| TECLens | Series A | $10m | 2025-02 |
| Rapport Therapeutics | Series A | $100m | 2023-03 |
| Accent Therapeutics | Series C | $75m | 2024-01 |
| Fusion Pharmaceuticals | Series A | $46m | 2019-01 |
| Aro Biotherapeutics | Series B | $42m | 2023-12 |
| Bright Peak Therapeutics | Series C | $90m | 2024-06 |
| Flindr Therapeutics | Series A | $22m | 2024-05 |
| Aliada Therapeutics | Seed / New Company Creation | — | 2022-01 |
Frequent co-investors
Fit check
Is Johnson & Johnson Innovation – JJDC a match for your startup?
Upload your deck and get an instant AI-powered fit analysis — see exactly how your startup aligns with this investor's thesis, stage focus, and ticket size.
Analyse your fit