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Formic Ventures is a venture capital firm based in San Francisco, California, focused on early-stage startups. They manage a portfolio of four companies and primarily invest in the biotech sector. Their mission includes supporting human longevity and improving quality of life through technology.
Formic Ventures invests in seed-stage startups, particularly in the biotech sector, targeting companies that enhance human longevity. They typically provide funding to startups that contribute to improving quality of life. Additionally, they support 501(c)(3) organizations engaged in human longevity-centered research with small gifts.
Notable portfolio companies include Insilico Medicine, an AI platform for drug discovery and aging research; Schrodinger, focused on drug discovery and materials design; Turn Bio, which works on reversing aging through cell reprogramming; and Anduril, a provider of AI solutions for national security.
Submit your pitch through their form at https://formic.vc.
Formic Ventures typically leads seed rounds, focusing on startups that align with their investment thesis in biotech and longevity.
Formic Ventures is open to follow-on investments in their portfolio companies, especially if they continue to align with their mission of enhancing human longevity.
Specific details about the size of Formic Ventures' current fund are not publicly available.
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