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CorporateVentureCapital.com

Astellas Venture Management

Profile, fund size and portfolio

Parent Astellas Pharma Inc.HQ South San Francisco, United StatesFounded 2006

Astellas Venture Management is the corporate venture arm of Astellas Pharma Inc. (pharmaceuticals). It was founded in 2006 and is based in South San Francisco, United States. It invests from Seed to Series A in therapeutic programs and platform technologies for drug discovery, oncology, ophthalmology.

Companies backedS3
21

Every figure links to its source

Snapshot

Investment stage: Seed to Series A
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeed to Series A
SectorsTherapeutic programs and platform, Oncology, Ophthalmology, Regenerative medicine
GeographyUnited States, United Kingdom and Japan
OfficesSouth San Francisco, California, United States

Sources: S1 Astellas Venture Management: home; S3 Astellas Venture Management: portfolio.

Graphic 1 of 3

Investment stage: Seed to Series A

Investment stage: Seed to Series ABar showing Astellas Venture Management invests from seed to series a. Sector chips: therapeutic programs and platform, oncology, ophthalmology, regenerative medicine. Geography: United States, United Kingdom and Japan.Investment stage: Seed to Series AAstellas Venture ManagementSTAGEPre-seedSeedSeries ASeries BSeries C+GrowthLate stageSECTORSTherapeutic programs and platformOncologyOphthalmologyRegenerative medicineGEOGRAPHYUnited States, United Kingdom and JapanCorporateVentureCapital.comSources: Astellas Venture Management: home; Astellas Venture Management: portfolio
Data behind this graphic
ItemValue
Stage rangeSeed to Series A
SectorsTherapeutic programs and platform, Oncology, Ophthalmology, Regenerative medicine
GeographyUnited States, United Kingdom and Japan
OfficesSouth San Francisco, California, United States

Sources: S1 Astellas Venture Management: home; S3 Astellas Venture Management: portfolio.

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Investments closed by outcome
Data behind this graphic
Data behind this graphic
ItemCompaniesShare
Active2158.3%
Exited1541.7%

Status as the firm tags it

Sources: S3 Astellas Venture Management: portfolio.

Graphic 2 of 3

Investments closed by outcome

Investments closed by outcomeDonut chart of companies by status on the firm's list: Active 58.3%, Exited 41.7%.Investments closed by outcomeAstellas Venture Management · Companies by status on the firm's list36COMPANIESActive58.3% 21Exited41.7% 15CorporateVentureCapital.comSource: Astellas Venture Management: portfolio
Data behind this graphic
ItemCompaniesShare
Active2158.3%
Exited1541.7%

Status as the firm tags it

Sources: S3 Astellas Venture Management: portfolio.

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeNot disclosed by the firm.
Companies backed21companiesStated by the firmS3
Companies on the firm's portfolio page36companiesCounted from the firm's own listS3

Sources: S3 Astellas Venture Management: portfolio.

Graphic 3 of 3

Scale and capital allocated

Scale and capital allocatedAstellas Venture Management headline size not disclosed by the firm. Dot strip of 2 published counts: Companies backed 21; Companies on the firm's portfolio page 36.Scale and capital allocatedAstellas Venture ManagementNot disclosed by the firm.COMPANIES BY STATUS ON THE FIRM'S LIST, 36 COMPANIESACTIVE 21 · 58.3%EXITED 15 · 41.7%COUNTS THE FIRM AND ITS PAGES PUBLISH10100Companies backed21 companiesCompanies on the firm's portfolio page36 companiesStated by the firmCounted from a list or another sourceCorporateVentureCapital.comSource: Astellas Venture Management: portfolio
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeNot disclosed by the firm.
Companies backed21companiesStated by the firmS3
Companies on the firm's portfolio page36companiesCounted from the firm's own listS3

Firms and databases count companies, rounds and investments differently.

Sources: S3 Astellas Venture Management: portfolio.

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Where it invests and who leads it

Geography

Headquarters
South San Francisco, United States
Offices
  • South San Francisco, California, United States

Investment regionsS1S3

  • United States, United Kingdom and Japan

LeadersS2

Astellas Venture Management on LinkedIn

Key facts

FactValueStatusSource
Parent companyAstellas Pharma Inc.Single sourceS1
Parent industryPharmaceuticalsSingle sourceS1
Founded2006Single sourceS7
HeadquartersSouth San Francisco, United StatesSingle sourceS6
StatusActiveSingle sourceS4
Capital sourceParent company onlySingle sourceS1
Companies backed21Single sourceS3
StagesSeed, Series ASingle sourceS1

For founders

ItemWhat the firm saysSource
StagesSeed, Series AS1
Beyond capitalPharma View: information from pharmaceutical experience and liaison to Astellas Pharma for collaborationsS1
EmailAVM_web-sm@astellas.comS2

Notable outcomes

IPOs and acquisitions of portfolio companies. Price shown only where published.

CompanyTypeYearAcquirer or exchangePriceSource
Bicycle Therapeutics LtdIPOIPOS3
eFFECTOR Therapeutics, IncAcquisitionSPAC mergerS3
Heartseed IncIPOIPOS3
Oncorus, IncIPOIPOS3
TScan Therapeutics, IncIPOIPOS3

Recent rounds

DateCompanyRoundAmountLed by the firmSource
2026-04-15Restore VisionPre-Series BJPY 1.3bnS4
2026-04-08Sidewinder TherapeuticsSeries BUSD 137MS4
2025-04-09Solu TherapeuticsSeries AUSD 41MS4
2024-09-17Syntax BioLaunch financingNot statedS4
2024-09-10PhoreMostSeries B extensionUSD 50MS4

Portfolio

The firm's portfolio page lists 36 companies: 21 active, 15 exited.S3

The firm also states 21 companies backed. The page list and the stated total measure different things.S3

Companies by status on the firm's list. Status as the firm tags itS3
TagCompaniesShare
Active2158.3%
Exited1541.7%

Shared portfolio with other corporate VCs

6 companies on the Astellas Venture Management portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company name across the firms' own lists.

FirmSharedCompanies in common
Pfizer Ventures2DEM Biopharma, eFFECTOR Therapeutics
Sanofi Ventures1Avilar Therapeutics
AMD Ventures1Cellular Intelligence
Novartis Venture Fund1Sidewinder Therapeutics
GV1TScan Therapeutics

Companies backed by the most corporate VCs

Every company on the Astellas Venture Management list

36 companies, as listed on the firm's own website: 21 active, 15 exited.S3 Read the firm's list.

Active 21

  • Avilar Therapeutics, Inc.
  • Carbon Biosciences, Inc.
  • Casma Therapeutics, Inc.
  • Catamaran Bio, Inc.
  • Cellular Intelligence, Inc.
  • DEM BioPharma, Inc.
  • Mogrify Limited
  • NeoPhore Limited
  • Orna Therapeutics Holdings, LLC
  • Pallando Therapeutics, Inc.
  • PhoreMost Limited
  • ResNovas Therapeutics, Inc.
  • Restore Vision, Inc.
  • Shinobi Therapeutics, Inc.
  • Sidewinder Therapeutics, Inc.
  • Solu Therapeutics, Inc.
  • Stealth mode Company (Invested in 2022 Feb)
  • Syntax Bio, Inc.
  • Toregem BioPharma Co., Ltd
  • Turn Biotechnologies, Inc.
  • Weaver Biosciences, Inc.

Exited 15

  • Bicycle Therapeutics Ltd
  • Cleave Biosciences, Inc
  • CODA Biotherapeutics, Inc
  • Crescendo Biologics Ltd
  • eFFECTOR Therapeutics, Inc
  • F2G Ltd
  • Heartseed Inc
  • Oncorus, Inc
  • PanOptica, Inc
  • Redona Therapeutics, Inc
  • Tizona Therapeutics, Inc
  • Trieza Therapeutics, Inc
  • Trishula Terapeutics, Inc
  • TScan Therapeutics, Inc
  • Viamet Pharmaceuticals, Inc

History

  1. Astellas Pharma establishes Astellas Venture Management LLC (then headquartered in Los Altos, CA) to manage the former Yamanouchi and Fujisawa venture business plus a new Astellas Venture Fund.S7
  2. William Watt joins AVM as President on 1 June (older staging team page).S5
  3. Hiroyuki Usuda joins AVM as Investment Lead.S2

Where sources disagree

  • Leaders: Amy Skarr (President), Matt Vogt, Veronika Hughes-Bednar listed as Board of Managers (live team page) (S2) vs William Watt, President since 2022-06-01; Hiromichi Kimura, Investment Director (older staging copy) (S5). Live page no longer lists Watt or Kimura; whether they left is not stated.S2S5

Official pages

Read the firm's own pages for current information.

  • Website www.astellasventure.com/
  • Portfolio www.astellasventure.com/home/portfolio

Sources

  1. S1Astellas Venture Management: homeFirm
  2. S2Astellas Venture Management: teamFirm
  3. S3Astellas Venture Management: portfolioFirm
  4. S4Astellas Venture Management: newsFirm
  5. S5Astellas Venture Management: team (older staging copy)Firm
  6. S6Astellas Venture Management: contactFirm
  7. S7Astellas newsroom: Astellas Has Established Astellas Venture Management in the USParent company

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by Astellas Venture Management or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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