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CorporateVentureCapital.com

Leaps by Bayer

Profile, fund size and portfolio

Parent Bayer AGHQ Berlin, GermanyFounded 2015

Leaps by Bayer is the corporate venture arm of Bayer AG (pharmaceuticals and crop science). It was founded in 2015 and is based in Berlin, Germany. It invests from Seed to Series B in health, agriculture.

Cumulative investedS1
USD 2.1bn+
Companies backedS1
65+
ExitsS5
16

Every figure links to its source

Snapshot

Investment stage: Seed to Series B
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeed to Series B
SectorsHealth, Agriculture
GeographyNorth America, Europe, Singapore and China
OfficesBerlin, Germany, Boston, United States, Basel, Switzerland, Bay Area, United States, St. Louis, United States

Sources: S1 Leaps by Bayer approach (Wayback copy 2026; live site blocks bots); S7 Leaps by Bayer Annual Review 2025 (PDF).

Graphic 1 of 3

Investment stage: Seed to Series B

Investment stage: Seed to Series BBar showing Leaps by Bayer invests from seed to series b. Sector chips: health, agriculture. Geography: North America, Europe, Singapore and China.Investment stage: Seed to Series BLeaps by BayerSTAGEPre-seedSeedSeries ASeries BSeries C+GrowthLate stagePORTFOLIO MIXPortfolio by the firm's own tags, share of 64 companiesHealth65.6% (42)Agriculture34.4% (22)GEOGRAPHYNorth AmericaEurope, Singapore and ChinaCorporateVentureCapital.comSources: S1, S7, listed on the profile
Data behind this graphic
ItemValue
Stage rangeSeed to Series B
SectorsHealth, Agriculture
GeographyNorth America, Europe, Singapore and China
OfficesBerlin, Germany, Boston, United States, Basel, Switzerland, Bay Area, United States, St. Louis, United States

Sources: S1 Leaps by Bayer approach (Wayback copy 2026; live site blocks bots); S7 Leaps by Bayer Annual Review 2025 (PDF).

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Investments closed by company type
Data behind this graphic
Data behind this graphic
ItemCompaniesShare
Health4265.6%
Agriculture2234.4%

A company can carry more than one tag

Sources: S5 Leaps portfolio, health (Wayback copy 2025-08-03; page data feed has status, first investment date, website).

Graphic 2 of 3

Investments closed by company type

Investments closed by company typeDonut chart of portfolio by the firm's own tags: Health 65.6%, Agriculture 34.4%.Investments closed by company typeLeaps by Bayer · Portfolio by the firm's own tags64TAGGED COMPANIESHealth65.6% 42Agriculture34.4% 22CorporateVentureCapital.comSource: Leaps portfolio
Data behind this graphic
ItemCompaniesShare
Health4265.6%
Agriculture2234.4%

A company can carry more than one tag

Sources: S5 Leaps portfolio, health (Wayback copy 2025-08-03; page data feed has status, first investment date, website).

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeUSD 2.1bn+Cumulative investedStated by the firm or its parentS1
Companies backed65+companiesStated by the firmS1
Exits16exitsStated by the firmS5
Companies on the firm's portfolio page64companiesCounted from the firm's own listS5

Sources: S1 Leaps by Bayer approach (Wayback copy 2026; live site blocks bots); S5 Leaps portfolio, health (Wayback copy 2025-08-03; page data feed has status, first investment date, website).

Graphic 3 of 3

Scale and capital allocated

Scale and capital allocatedLeaps by Bayer headline size USD 2.1bn+, basis: Cumulative invested. Dot strip of 3 published counts: Companies backed 65+; Exits 16; Companies on the firm's portfolio page 64.Scale and capital allocatedLeaps by BayerUSD 2.1bn+CUMULATIVE INVESTEDCOMPANIES BY STATUS ON THE FIRM'S LIST, 64 COMPANIESACTIVE 48 · 75%EXITED 16 · 25%COUNTS THE FIRM AND ITS PAGES PUBLISH10100Companies backed65+ companiesExits16 exitsCompanies on the firm's portfolio page64 companiesStated by the firmCounted from a list or another sourceCorporateVentureCapital.comSources: S1, S5, listed on the profile
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeUSD 2.1bn+Cumulative investedStated by the firm or its parentS1
Companies backed65+companiesStated by the firmS1
Exits16exitsStated by the firmS5
Companies on the firm's portfolio page64companiesCounted from the firm's own listS5

Firms and databases count companies, rounds and investments differently.

Sources: S1 Leaps by Bayer approach (Wayback copy 2026; live site blocks bots); S5 Leaps portfolio, health (Wayback copy 2025-08-03; page data feed has status, first investment date, website).

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Where it invests and who leads it

Geography

Headquarters
Berlin, Germany
Offices
  • Berlin, Germany
  • Boston, United States
  • Basel, Switzerland
  • Bay Area, United States
  • St. Louis, United States

Investment regionsS1S7

  • North America
  • Europe, Singapore and China

LeadersS4S2S3

Leaps by Bayer on LinkedIn

Key facts

FactValueStatusSource
Parent companyBayer AG (XETRA: BAYN)Single sourceS9
Parent industryPharmaceuticals and crop scienceSingle sourceS9
Founded2015Single sourceS7
HeadquartersBerlin, GermanySingle sourceS2
StatusActiveSingle sourceS9
Capital sourceParent company onlySingle sourceS1
Headline sizeUSD 2.1bn+ (Cumulative invested)Single sourceS1
Companies backed65+Single sourceS1
Exits16 totalSingle sourceS5
People on the team page18Single sourceS2
StagesSeed, Series A, Series BSingle sourceS1

Portfolio

The firm's portfolio page lists 64 companies: 48 active, 16 exited.S5

Companies by status on the firm's list. Status as the firm tags itS5
TagCompaniesShare
Active4875%
Exited1625%
Portfolio by the firm's own tags. A company can carry more than one tagS5
TagCompaniesShare
Health4265.6%
Agriculture2234.4%

Shared portfolio with other corporate VCs

11 companies on the Leaps by Bayer 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 Ventures4ReCode Therapeutics, Capstan Therapeutics, Mozart Therapeutics, Pyxis Oncology
Sanofi Ventures4ReCode Therapeutics, NextPoint Therapeutics, Nuvig Therapeutics, Sudo Biosciences
Hitachi Ventures1Huma
Samsung Next1Huma
Sony Innovation Fund1Huma
Samsung Catalyst Fund1Ada Health
TELUS Global Ventures1Chrysalabs
BASF Venture Capital1Grão Direto

Companies backed by the most corporate VCs

Every company on the Leaps by Bayer list

64 companies, as listed on the firm's own website: 48 active, 16 exited.S5 Read the firm's list.

Active 48

  • 65Lab
  • Ada Health
  • Aferna Bio
  • Affini-T Therapeutics
  • AgBiome
  • Amfora
  • AMR Action Fund
  • Andes
  • Apollo Agriculture
  • Atomwise
  • Bloom Science
  • Capstan Therapeutics
  • Cellino
  • ChrysaLabs
  • CORXEL
  • Deka Biosciences
  • Dewpoint
  • EarthOptics
  • Edifice Health
  • eGenesis
  • Fork \u0026 Good
  • FutuRx
  • Gandeeva Therapeutics
  • Grão Direto
  • GRO Biosciences Inc.
  • Guardian Agriculture
  • Huma
  • Immunitas Therapeutics
  • Indapta Therapeutics
  • Khloris Biosciences
  • Kojin Therapeutics
  • Mozart Therapeutics
  • New Leaf Symbiotics
  • Nextpoint Therapeutics
  • NuCicer
  • Nuvig Therapeutics
  • Oerth Bio
  • One Drop
  • Pairwise
  • Paratus Sciences
  • Rantizo
  • Recode Therapeutics
  • Sound Agriculture
  • Sudo Biosciences
  • Triumvira Therapeutics
  • Ukko
  • Vesigen Therapeutics
  • Woebot Health

Exited 16

  • Arvinas
  • Azitra
  • BlueRock Therapeutics
  • Boundless Bio
  • Care/of
  • Casebia Therapeutics
  • Century Therapeutics
  • Combyne
  • CoverCress
  • CRISPR Therapeutics
  • Joyn Bio
  • Metagenomi
  • Pyxis Oncology
  • Recursion
  • Senti Bio
  • Unfold

For founders

ItemWhat the firm saysSource
StagesSeed, Series A, Series BS1
Leads roundsYes. "Series B funding led by Leaps by Bayer"S10
Beyond capitalActive incubation: team members engage in company development, providing resources and helping steer the initial direction; Portfolio companies remain autonomous with respect to decision makingS1
Contact formleaps.bayer.com/contactS12

Notable outcomes

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

CompanyTypeYearAcquirer or exchangePriceSource
Capstan TherapeuticsAcquisition2025AbbVieUSD 2.1bnS7
BlueRock TherapeuticsAcquisition2019BayerS7
Century TherapeuticsIPO2021NasdaqS7
RecursionIPO2021NasdaqS7

Recent rounds

DateCompanyRoundAmountLed by the firmSource
2026-07-14SabantoSeries BNot statedS10
2026-07-02Celea TherapeuticsFinancing round (stage not stated in Reuters text)USD 180MS11
2026-06-01SonoThera TherapeuticsInvestment announced June 2026 (round not stated)Not statedS9
2026-06-01Leaf, Inc.Further investment announced June 2026Not statedS9

Investments by year

YearNewFollow-onTotalSource
202315S8
202520S7

History

  1. Leaps by Bayer founded; first investment in CRISPR Therapeutics and co-founded Casebia.S7
  2. Co-founded BlueRock Therapeutics.S7
  3. Invested in Century Therapeutics; BlueRock Therapeutics became part of Bayer.S7
  4. Century Therapeutics and Recursion listed on Nasdaq.S7
  5. Total invested passed USD 2 billion; first Chinese investment (CORXEL).S7
  6. Capstan Therapeutics acquired by AbbVie for USD 2.1 billion in cash.S7
  7. Led Sabanto Series B (14 Jul 2026); participated in Celea Therapeutics USD 180M financing (Reuters, 2 Jul 2026).S10

Where sources disagree

  • Leaders.Fabio Pucci / Rakhshita Dhar title: Wayback 2026-07-07: Fabio Pucci and Rakhshita Dhar both Co-head of Health Venture Investments (S3) vs Live fetch 2026-10-02: Rakhshita Dhar Head of Health Venture Investments; Fabio Pucci not listed (S2). Team page changed between snapshots; Pucci LinkedIn link exists in the Wayback copy only.S3S2

Official pages

Read the firm's own pages for current information.

Sources

  1. S1Leaps by Bayer approach (Wayback copy 2026; live site blocks bots)Firm
  2. S2Leaps by Bayer team (live, via fetch tool)Firm
  3. S3Leaps by Bayer team page (Wayback copy 2026-07-07, with LinkedIn links)Firm
  4. S4Juergen Eckhardt profile (leaps.bayer.com)Firm
  5. S5Leaps portfolio, health (Wayback copy 2025-08-03; page data feed has status, first investment date, website)Firm
  6. S6Leaps portfolio, agriculture (Wayback copy)Firm
  7. S7Leaps by Bayer Annual Review 2025 (PDF)Firm
  8. S8Leaps by Bayer Annual Review 2023 (PDF)Firm
  9. S9Bayer Half-Year Financial Report Q2 2026: Leaps by BayerParent company
  10. S10Sabanto and Leaps by Bayer announce Series B (PR Newswire)Portfolio company
  11. S11Reuters via 740 The FAN: PureTech entity Celea raises $180 millionPress
  12. S12Leaps by Bayer contact (Wayback copy)Firm
  13. S13Leaps by Bayer on LinkedInFirm
  14. S14Leaps by Bayer news page (Wayback copy)Firm

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by Leaps by Bayer 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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