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Ikarian Capital

Venture capital

Dallas · Pre-Seed–Late Stage

Also known as IKARIAN CAPITAL, LLC

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Investment thesis

Ikarian Capital invests in biotech companies advancing drug discovery and development, led by a team with scientific and biotech-specific finance expertise. It selects companies pursuing cutting-edge science with sound business fundamentals across the spectrum of early- to late-stage clinical trials, remaining agnostic to indication, market cap, and geography. The firm deploys transformational, long-term capital to support emerging companies as they progress through the clinic. It emphasizes a selective, contrarian approach backed by a proprietary process aligned with the team's core expertise, and is committed to building an enduring business with strong values and high ethical standards.

Source: firm website, verified Sep 1, 2026.

Stage
Pre-Seed–Late Stage
HQ
Dallas, US
Last 12 months
2 investments
AUM
$698M
Tracked investments
3

What they invest in

from 3 of 3 portfolio companies

Biotech ×2Healthtech ×2Enterprise Software ×1Fintech ×1PropTech ×1

HQs:United States×2New Zealand×1

Investments · 3 tracked

founders shown can be your intro path
Jasper Therapeuticsjaspertherapeutics.cominNASDAQ: JSPRJul 2026

Jasper Therapeutics develops briquilimab, a targeted anti-KIT monoclonal antibody designed to deplete mast cells for treating chronic immunological and inflammatory diseases.

BiotechHealthtechRedwood City, US

Judith Shizuru(Director)Herb Cross(Executive Officer)inJeet Mahal(Executive Officer, Director)inPatrick Crutcher(Director)Svetlana Lucas(Director)Wenru Song(Executive Officer)

Co-investorsAvego BioScience CapitalTSVCAbingworth

Jasperjasper.ioin𝕏

Jasper is a commercial real estate fund management firm that deploys and manages capital for institutional investors into industrial, logistics, and other asset classes across Australia and New Zealand.

Enterprise SoftwareFintechPropTechAuckland, NZ

Mark Campbell(CEO and Executive Director)in

Co-investorsBlackstoneArc AngelsIcehouse VenturesBessemer Venture PartnersCoatue ManagementFoundation Capital+4 more

Kira Pharmaceuticalskirapharma.cominAug 2026

Kira Pharmaceuticals is a biotech company developing therapies targeting complement biology to treat complement-mediated diseases.

BiotechHealthtechCambridge, US

Wenru Song(Founder)in

Co-investorsForesite CapitalQuan CapitalVivo Capital

Exits · 1

IPOs and acquisitions across the tracked portfolio

Jasper TherapeuticsNASDAQ: JSPR

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Ikarian Capital invest at?
Ikarian Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Ikarian Capital focus on?
Ikarian Capital focuses on Biotech.
Where is Ikarian Capital located?
Ikarian Capital is headquartered in Dallas, US.

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