MBX Capital — Full Portfolio

Junction Health partners with Federally Qualified Health Centers (FQHCs) to set up and manage IV infusion therapy sites, expanding access to infusion services for chronically ill, uninsured, Medicaid, and underserved patients across the US.

Digital HealthHealthtechImpact & Social GoodMedical DevicesDenver, US

BWBen Wiederholt(Co-founder & CEO)inVinny Polito(Co-founder & COO)inMVMatt Vestal(Co-founder & Chief Commercial Officer)in

BoardJason Hill(Director)

Board seatGBGurdane Bhutani· per SEC Form D

AmacaThera is a biotech company developing a tunable injectable hydrogel drug-delivery platform, based on hyaluronic acid and methylcellulose, for localized and long-acting release of therapeutics such as small molecules, biologics, peptides, and cells.

BiotechDigital HealthMedical DevicesToronto, CA

MCMike Cooke(Co-Founder & CEO)inMSMolly Shoichet(Co-Founder & Chief Science Officer)

Co-investorsINInveready Technology Investment GroupLULumira VenturesNONorthspring Capital PartnersSTStand Up VenturesTOToronto Innovation Acceleration Partners

Ancilia is a biotech company using CRISPR to create beneficial bacterial products, such as live biotherapeutics, that carry immunity against the viruses that destroy them.

BiotechDeep TechHealthtechNew York, US

RBRodolphe Barrangou(Co-founder)inAlex(Co-founder)inDPDavi Paez-Espino(Co-founder)inAlexandra Sakatos(Executive Officer, Director)in

BoardDale Pfost(Director)VSVERA SCHROEDER(Director)in

Co-investorsDEDeep Science VenturesMEMetaplanetPSPsyMed VenturesSASafar PartnersSNSnatched VenturesSPSpacecadet Ventures

Arine provides an AI-driven medication management platform for health plans to improve medication adherence and outcomes.

AI & Machine LearningDigital HealthHealthtechSan Francisco, US

YKYoona Kim(Executive Officer, Director)inBen Thomander(Executive Officer)Eric Carlson(Chief Financial Officer)PMPenjit Moorhead(Chief Technology Officer)Penjit Moorehead(Executive Officer, Director)

BoardSCSusan Choe(Director)in

Co-investorsCOCocoon Ignite VenturesKAKaiser Permanente VenturesKAKatalyst VenturesKAKatalyst.VenturesLILifelike CapitalMAMaC Venture Capital+2 more

Atlas Health uses AI-driven patient assistance to help health systems connect patients to financial resources and reduce barriers to care.

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtech

EDEthan Davidoff(Founder)in

Co-investorsFEFelicis VenturesFIFinancial Venture StudioOPOptum VenturesPUPurpose Built VenturesRERestive VenturesGLGlobal Founders Capital+2 more

Attivare develops AI-powered personalized immunotherapy treatments using a proprietary biomaterial scaffold (ATTImmune) that delivers immune agonists directly to tumor microenvironments, aiming to reduce systemic toxicity in cancer and infectious disease treatment.

AI & Machine LearningBiotechMedical DevicesNatick, US

Edward Doherty(Executive Officer)Jessica McDonough(Director)JTJoaquim Trias(Executive Officer, Director)

BoardZMZeshan Muhammedi(Director)in

Co-investorsAAAAF Management Ltd.DIDivergent CapitalEMEmbark VenturesHAHarmonix FundMAMana VenturesULUlu Ventures+1 more

CareRev operates a platform connecting healthcare facilities with nursing professionals to address medical staffing challenges.

B2B MarketplacesHealthtechHR TechMarketplacesRemote, US

WPWilliam Patterson(CEO)inSPSofia Pessanha(COO)inStephen BunchSGSuzanne Griffin(Director of People Operations)inRobert Hemenway(Lead Technical Recruiter)Desiree Porter(Senior Technical Recruiter)

Co-investorsFUFundersClubGAGaingelsSTStonewater VenturesTRTRANSFORMATION CAPITALY Y CombinatorAVAvlok Capital+7 more

CatenaBio develops precision conjugation technology using native amino acids to enable biotherapeutic fusions of small molecules, nucleic acids, enzymes, and cells.

BiotechDeep TechHealthtechMedical DevicesBerkeley, US

MLMarco Lobba(Founder)inMatthew Francis(Founder)inGeo Guillen

Co-investorsCACalifornia Innovation FundCICivilization Ventures Management, LlcCRCreative Destruction Lab (CDL)FRFREEFLOWGAGaingelsIAIaso Ventures+14 more

CND Life Sciences develops skin-based neurodiagnostic tests, including a test to detect abnormal alpha-synuclein in skin biopsies to help physicians diagnose Parkinson's disease and related synucleinopathies.

BiotechDigital HealthMedical DevicesScottsdale, US

TLTodd Levine(Executive Officer, Director)inRJRichard J. Morello(Executive Officer, Director)PHPeter Harris(Executive Officer, Director)inChristopher Gibbons(Director)

BoardJack Seaver(Director)Enrique Carrazana(Director)

Co-investorsBLBlueStone Venture PartnersTOTop Corner Capital

Current Surgical develops a smart needle technology platform for surgical treatment of cancerous tumors.

Deep TechHealthtechMedical DevicesWashington, US

Al Mashal, Ph.D.(CEO / CoFounder)Chris Wagner, Ph.D.(CTO / CoFounder)

Co-investorsTRTrue VenturesCACarbon SiliconDRDraper AssociatesGAGaingelsSCSciFounders

Dezy operates dental clinics that use technology such as 3D printers, rapid X-ray equipment, and intra-oral scanners to diagnose and treat dental patients.

ConsumerDigital HealthHealthtechBangalore, IN

HKHitesh Kakrani(Founder)inJKJatin Kakrani(Founder)in

Co-investors10100XCHChiratae VenturesLELeo Capital VenturesPEPeak XV PartnersPEpeerchequeSPSpring Marketing Capital

Earli develops a biotechnology platform that uses genetic constructs to detect cancer and produce therapeutic proteins by reprogramming cancer cells.

AI & Machine LearningBiotechDeep TechHealthtechMedical DevicesSouth San Francisco, US

Dr. Sam Gambhir(Founder)CRCyriac Roeding(Founder)inDr. David Suhy(Co-founder & Chief Scientific Officer)

BoardJKJustin Kao(Director)inJCJorge Conde(Director)in

Co-investorsALAlumni VenturesANAndreessen HorowitzBLBlue Ivy VenturesBRBreyer CapitalGAGaingelsHAHan River Partners+6 more

Eden creates digital products to deliver healthcare services and health solutions to a broad audience.

AI & Machine LearningCloud ComputingDigital HealthHealthtechMedical DevicesMexico, MX

JCJulián Cantú(Co-Fundador, CEO)inRGRaymundo Gonzalez(CTO)inAntonio Torres(CTO)Fernando LopezFernando López(Director of Software Engineering)

Co-investorsALAlumni VenturesATAtacama VenturesBRBrainstorm VenturesCACathexis VenturesDADalus CapitalHUHummingbird Ventures+21 more

Enoda develops synthetic cytokine receptors, called MIMICs, that link therapeutic "Signal 3" cytokine functions to controllable inputs to engineer cell therapies without systemic toxicity.

BiotechDeep TechLondon

Andrew John Scobie(Executive Officer, Director)Michael Chavez(Co-founder & CEO)inPaul B. Finn(Founder)inJennifer Urquhart(Executive Officer, Director)inJacqueline Elizabeth Porch(Executive Officer, Director)Lindsay James Whitelaw(Executive Officer, Director)

Co-investorsFIFifty Years

EvaCenter develops a cloud-based RIS/PACS system for radiology departments in Latin America, offering features like rapid DICOM image loading, multiplanar reconstruction, and automated patient communication.

Cloud ComputingDigital HealthHealthtechMedical DevicesSaaSMexico City, MX

Cloud infrastructure for computational chemistry.

JEJ. Emiliano Deustua(Founder)in

Fathom structures and organizes healthcare data to address inefficiencies in the healthcare system.

AI & Machine LearningData & InfrastructureDigital HealthHealthtechOakland, US

Chris(CTO)Enoch(COO)Rishi Reddy(Director)Andrew Lockhart(Founder)Christopher Bockman(Founder)Richard White(Founder)in

Co-investorsGVGV (Google Ventures)LILightspeed Venture PartnersFOFounders FundALAlkeon InnovationGRGreat Oaks Venture CapitalLILifeforce Capital+6 more

Freedom Biosciences develops neuropsychiatric therapeutics, focusing on novel treatments for conditions including depression, PTSD, and alcoholism.

BiotechDigital HealthMental Health

DJDr. John Krystal(Co-founder & CEO)inDBDina Burkitbayeva(Co-founder)in

Co-investorsBEBeni Venture CapitalEVEvolution VC PartnersGAGaingelsITIter InvestmentsLOLongeVCMAManta Ray Ventures+3 more

ixlayer provides a platform that connects biopharma companies with patients, labs, providers, and payment systems to deploy personalized patient experience programs powered by AI.

AI & Machine LearningDigital HealthHealthtechSaaS

PSPouria Sanae(Founder)inPoorya Sabounchi(Co-founder and Chief Operating Officer)in

Co-investorsBIBIOSPRING PARTNERSINInitiate Venture PartnersNINimble PartnersPLPlug and Play VenturesXYXYZ Venture CapitalGEGeneral Catalyst

Psychedelic therapies for addiction.

BiotechSan Francisco, US

JCJeeshan Chowdhury(Executive Officer, Director, Promoter)in

BoardSASam Altman(Director)inKrishna Kantheti(Director)

Co-investorsAPAPOLLO PROJECTSLILIONHEART VENTURESUPUprising

Juniper Genomics provides genomic testing for IVF, including enhanced PGT-A that analyzes both DNA and RNA from a single embryo biopsy to assess chromosome status and embryo viability, and PGT-G that expands analysis across nearly the full genome from the same sample.

BiotechDigital HealthFemTech

Co-investorsAMAmboy Street VenturesDRDria VenturesBLBlue CollectiveCOCompany VenturesINInnospark Ventures

Keebler Health, founded in 2023, is a healthcare company focused on improving efficiency and efficacy in the healthcare industry.

AI & Machine LearningDigital HealthHealthtech

IPIsaac Park(CEO)inASAndrew Stickney(COO)inKHKevin Hill(CTO)inTBTerrell Bacchus(CMO)in

Co-investorsFLFlare Capital PartnersHUHustle FundHYHypothesisNENew Stack VenturesPRPrimordial VenturesTATau Ventures+8 more

Kingdom Superculture develops functional health ingredients derived from natural microbes, targeting consumers seeking effective nutritional and health products.

BiotechConsumerFoodTechHealthtechNew MaterialsWellness & FitnessNew York City, US

KDKendall Dabaghi(Founder)inRSRavi Sheth(Founder)inTom Blazejewski(Senior Machine Learning Scientist)Austin Kane(Bizops Associate)Peter Stein(Senior Data Engineer)

Co-investors4D4DX VenturesFOFour Acres CapitalPIPioneerSHShine CapitalSUSupernode VenturesVAValor Equity Partners+25 more

Lucy manufactures tobacco-free nicotine pouches in various flavors and strengths designed for consumer use.

BiotechConsumerE-commerceFoodTechLos Angeles, US

JCJohn Coogan(Founder)inSHSamy Hamdouche(Founder)inDRDavid Renteln(Founder)inAlan Li(Business Development)

Co-investorsBABailey Venture PartnersGRGreycroftRERefactor CapitalRRRRE VenturesY Y CombinatorBOBoxGroup+4 more

Macro Trials optimizes clinical trial enrollment by connecting research sponsors with eye care practices and patients, enabling efficient trials with reliable data collection and patient access to new treatments through trusted local providers.

BiotechDigital HealthHealthtechMedical Devices

Jon Cabin, M.D.(Co-Founder and Chief Medical Officer)Jon Cabin(Co-Founder and Chief Medical Officer)Brooke LeVasseur(President & Chief Executive Officer)

Co-investorsHEHealthy VenturesINInitiate Venture PartnersINInflect Health

Mae provides community-based doula support and maternal health education for pregnant people, integrating with insurance and Medicaid to match mothers with doulas and care coordinators.

Digital HealthFemTechHealthtechNew York City, US

Maya Hardigan(Founder)in

Co-investorsASAstiaBRBright VenturesFOForeground CapitalJOJoyance PartnersJUJumpstart NovaSOSocial Starts+5 more

OFFOR Health provides mobile healthcare services to underserved populations in the United States, operating SmileMD for in-office anesthesia and sedation during pediatric dental procedures and IH Care+ for integrated health access.

Digital HealthHealthtechMedical DevicesWorthington, US

GSGary Schafer(Chief Executive Officer)inAlex Ramos(Chief Operations Officer)BSBrian Schloss(Chief Medical Officer)in

Co-investorsLOLOUD CapitalATAtlantic Vantage PointAXAXA Venture PartnersHAHavencrest Capital ManagementSPSPRINGROCK VENTURES

Opentrons develops laboratory robots that automate scientific research tasks for scientists and research institutions.

AI & Machine LearningBiotechHardwareHealthtechMedical DevicesRoboticsNew York City, US

NWNicholas Wagner(Founder)inWCWill Canine(CPO)inCCChiu Chau(Founder)inLMLeslie Mitchell(Director)inJAJames Atwood(Executive Officer, Director)inJonathan Brennan-Badalin

Co-investorsKHKhosla VenturesLELerer HippeauEQEQUIAMFIFifty YearsFUFuture VenturesJAJacket River Capital Partners+14 more

Persist AI provides AI-driven formulation development services for pharmaceutical compounds, combining robotic lab automation with machine learning models to accelerate drug formulation optimization and reduce time-to-market.

AI & Machine LearningBiotechHealthtechMedical DevicesRoboticsSacramento, US

KRKarthik Raman(Founder)inCSChristopher Shelner(Founder)in

Co-investors202048 VenturesGLGlobal BrainGOGood AI CapitalJOJovonoPIPioneerSPSpero Ventures+5 more

Rula operates a digital mental health platform connecting patients with licensed therapists for remote behavioral care.

Digital HealthHealthtechMental Health

JBJosh Bruno(Founder)inGabriel Diop(Founder)

Co-investorsBLBlue Venture FundsHAHarmony PartnersICIcon VenturesINIntermountain HealthKOKoch Disruptive TechnologiesMEMeridian Street Capital+6 more

Smiles.ai (also branded Dezy) provides dental care including clear/invisible aligners, implants, and crowns through a network of clinics, using specialist orthodontists and at-home scanning.

ConsumerDigital HealthHealthtech

JKJatin Kakrani(Founder)inHKHitesh Kakrani(Founder)in

Co-investorsALAlpha Wave GlobalDIDIARURun Ventures

Tidal Cyber develops tools and services that help enterprises adopt MITRE ATT&CK framework for threat-informed defense.

CybersecurityEnterprise Software

RGRick Gordonin

Co-investorsACAccess Venture PartnersBRBright Pixel CapitalDRDreamit VenturesGLGlasswing VenturesSTStoneMill VenturesTFTFX Capital+10 more

Tidal Vision produces chitosan-based solutions for applications including water treatment, agriculture, and material science.

AgTechCleantechNew MaterialsBellingham, US

CKCraig Kasberg(Founder & CEO)in

BoardRoeland van der Molen(Director)Arkadi Nachimowski(Director)Filipp Chebotarev(Director)Zachary Wilkinson(Director)AJAmrit Jalan(Director)in

Co-investorsCOConvent Capital Management AFFGCGC VenturesGIGiant Ventures Global LlpINInterplay Ventures Early Stage Management LlcPAPangaea Ventures Us Inc.SNSnatched Ventures+4 more

Vaxxinity develops vaccines designed to be long-lasting, well tolerated, and cost-effective, with protection against emerging variants and no requirement for a frozen cold chain, mRNA, or spike protein.

BiotechHealthtech

Co-investorsPRPrime Movers Lab

VitalBio develops the VitalOne, a diagnostic device that delivers comprehensive lab-grade blood test results in minutes from a small blood sample, using robotics, biochemistry, computer vision, and microfluidics.

BiotechDigital HealthMedical Devices

VNVasu Nadella(Founder)in

Co-investorsNENext VenturesINInovia CapitalLALachy GroomMAMarc BenioffNONorthpond VenturesSASam Altman+7 more

Vivodyne is a bio-AI company that develops lab-grown human tissues and robotic systems to generate causal biological data for therapeutic development.

AI & Machine LearningBiotechDeep TechBrisbane, US

Dongeun Huh(Executive Officer, Director)AGAndrei Georgescu(Founder)inDan Huh(Founder)

BoardQuinten Stevens(Director)Alex Andrianopolous(Director)AMAlex Morgan(Director)in

Co-investorsBIBison VenturesKAKairos Venture Investments, LlcKHKhosla VenturesLILingottoSCScribble VenturesEXExor Seeds+1 more

Waypoint Bio uses artificial intelligence, computer vision, and pooled screening to conduct deep phenotyping across thousands of cell therapy designs, enabling the discovery and optimization of superior cell therapy candidates for development.

AI & Machine LearningBiotechDeep Tech

Xinchen Wang, Ph.D.(Co-founder & CEO)DPDavid Phizicky, Ph.D.(Co-founder & CSO)Xinchen Wang(Founder)in

Co-investorsAMAmplify PartnersFIFifty YearsHUHummingbird VenturesMIMitsui Global InvestmentRERecode VenturesVIVillage Global+3 more