Magnetic Ventures

Magnetic Ventures is a venture capital firm that invests in founders using deep technology in life sciences and healthcare. It was set up in 2018 on the view that technology would change every part of life sciences, and it has led early-stage rounds across the field.

What Magnetic Ventures offers

• Early-stage investment — backing from seed stage through a company's life cycle.
• Hands-on support — the team helps founders during the formative stages of building a company.
• Industry know-how — experience from large drug and diagnostics companies, startups and investing, including work with regulators.
• Early access to deal flow — sight of emerging technology and new startups.

Who it works with

Founders applying artificial intelligence, machine learning and other deep technology to problems in life sciences. Portfolio companies named on its site include Proxima, Weave Bio, Relation, Resilience, Paradigm and Deep Genomics.

Key facts

• Founded: 2018
• Focus: AI and techbio for healthcare
• Stage: seed onward