Fundraising Fox

Red Tree Venture

Venture capital

San Diego · Seed–Series B · 26 people tracked

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Investment thesis

Red Tree invests in early-stage life science companies with a West Coast focus, prioritizing entrepreneurs building first-in-class and best-in-class therapeutics that address significant unmet medical needs in oncology, neurology, and immunology. The firm leverages deep ties to the West Coast life science ecosystem, drawing on relationships with scientific luminaries and serial entrepreneurs at leading academic and research institutions. A board of engaged scientific advisors gives Red Tree early access to promising innovation emerging from regional biotech hubs. The team combines decades of experience investing in, founding, and operating life science companies across stages and therapeutic areas, translating scientific innovation into successful businesses.

Invests inBiotechHealthtechMedical DevicesNorth AmericaRedwood CitySan DiegoUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series B
HQ
San Diego, California, US
Leads rounds
Leads
Instruments
Equity
Founded
2020
AUM
$272M
Tracked investments
24

Team · 26 people

from the firm's website & public directories
Jodi Yang· Head of Capital Formation

What they invest in

from 8 of 24 portfolio companies

Biotech ×7Medical Devices ×2AI & Machine Learning ×1Healthtech ×1

HQs:United States×9

Investments · 24 tracked

founders shown can be your intro path
SutroVaxNASDAQ: PCVXSEC filingmedium confidence

BiotechSouth San Francisco, US

Tracy Saxton(Director)Grant E Pickering(Executive Officer, Director, Promoter)Jeff Fairman(Executive Officer)Ashish Khanna(Executive Officer)William Newell(Director)Kurt von Emster(Director)

Board seatHeath Lukatch· per SEC Form D · $110M raise · filed Apr 2020

Bicara Therapeuticsbicara.comNASDAQ: BCAX
Ceribellceribell.comin𝕏NASDAQ: CBLL

Ceribell develops a point-of-care EEG system that uses AI to detect seizure activity, including status epilepticus, in patients.

AI & Machine LearningHealthtechMedical Devices

Joseph Taylor(Director)Scott Blumberg(Executive Officer)Lucian Iancovici(Director)Raymond Woo(Executive Officer)Josef Parvizi(Director)David Stoffel(Executive Officer)

Contineum TherapeuticsNASDAQ: CTNM

Biopharmaceutical company focused on development and commercialization of first-in-class small molecules for neuroregeneration.

AdynxxSEC filingmedium confidence

BiotechSan Francisco, US

Donald Manning(Executive Officer)Dennis Podlesak(Director)Stan Abel(Director)Julien Mamet(Executive Officer, Director)Scott Harris(Executive Officer)Eckard Weber(Director)

Board seatHeath Lukatch· per SEC Form D · $16M raise · filed Jan 2017

CARGO Therapeutics, Inc.SEC filingmedium confidence

San Mateo, US

Board seatHeath Lukatch· per SEC Form D · $200.8M raise · filed Mar 2023

Goldilocks TherapeuticsSEC filingmedium confidence

BiotechBedford, US

Scott Minick(Director)Krishna Polu(Director)Arthur Klausner(Executive Officer, Director)

Board seatKrishna Polu· per SEC Form D · $1.2M raise · filed Apr 2021

Halo NeuroSEC filingmedium confidence

San Francisco, US

Andrew Firlik(Director)Daniel Chao, M.D., M.S.(Executive Officer, Director)Peter Hebert(Director)Amol Sarva(Director)

Board seatHeath Lukatch· per SEC Form D · $19.8M raise · filed May 2018

Magnus MedicalSEC filingmedium confidence

Developing closed-loop neuromodulation technology to treat intractable neurological and psychiatric disorders.

BiotechBurlingame, US

Christian Gormsen(Executive Officer, Director)Vikram Lamba(Executive Officer)Xingjuan Chao(Director)Nolan Williams(Director)Heath Lukatch(Director)

BoardAndrew Firlik(Director)

Board seatHeath Lukatch· per SEC Form D · $77M raise · filed May 2026

Satsuma Pharmaceuticalssatsumarx.comSEC filingmedium confidence

Satsuma Pharmaceuticals is a pre-commercial biopharmaceutical company developing therapies for people living with migraine, including an FDA-approved treatment for acute migraine.

BiotechMedical DevicesSouth San Francisco, US

Heath Lukatch(Director)John Kollins(Executive Officer, Director)Michael Riebe(Director)Rajeev Shah(Director)Tadayoshi Iwashima(Executive Officer)Thomas King(Director)

Board seatHeath Lukatch· per SEC Form D · $12.3M raise · filed Feb 2018

Viacyteviacyte.comSEC filingmedium confidence

BiotechSan Diego, US

Amir Zamani(Director)Brittany Bradrick(Executive Officer)Sandra Poole(Director)Anne Sandan(Executive Officer)Elizabeth Bui(Executive Officer)Lucian Iancovici(Director)

Board seatHeath Lukatch· per SEC Form D · $90M raise · filed Dec 2018

ViewPoint TherapeuticsSEC filingmedium confidence

BiotechSan Francisco, US

Douglas Crawford(Director)Ed Hurwitz(Executive Officer, Director)Emmett T. Cunningham, Jr.(Director)Mark Blumenkranz, M.D.(Director)Jason E. Gestwicki(Director)Leah Makley(Executive Officer, Director)

Board seatHeath Lukatch· per SEC Form D · $35M raise · filed Mar 2018

Biograph
Cargo Therapeutics
EBVio

Developing therapies for autoimmune disease.

Enrosa Therapeutics
Excellergy

Life science company that raised a $70M Series A; Red Tree backed from the seed round.

Excellergy Inc
Excellergy Therapeuticsacquired by Novartis

Red Tree Fund I portfolio company, acquired by Novartis

Inversion Therapeutics
Kivu Biosciencekivubioscience.comin
Photinia Biosciences
Rondo Therapeutics

Drug development company whose Series A was led by Red Tree.

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Red Tree Venture invest at?
Red Tree Venture invests at the Seed, Series A, Series B stages.
What sectors does Red Tree Venture focus on?
Red Tree Venture focuses on Biotech, Healthtech, Medical Devices.
Where is Red Tree Venture located?
Red Tree Venture is headquartered in San Diego, US.
Does Red Tree Venture lead rounds?
Yes, Red Tree Venture leads investment rounds.

Images

Red Tree Venture photoRed Tree Venture photoRed Tree Venture photoRed Tree Venture photo

Co-investors · 4

RA Capital

RA Capital invests in public and private healthcare and life science companies developing pharmaceuticals, medical devices, and diagnostic tools. The firm operates as a crossover fund across multiple investment stages.

Both backed · 3
CeribellBicara TherapeuticsViacyte
F-Prime Capital Partners

F-Prime Capital Partners is a venture capital firm whose team of scientists, engineers, physicians, operators, and investors supports companies in scaling and accelerating growth.

Both backed · 2
Bicara TherapeuticsEngrail Therapeutics
$3M – $10M
Canaan Partners

Canaan is an early-stage venture capital firm backing founders with transformative ideas across technology and healthcare.

$500K – $20M
Forbion

Forbion is a global venture capital firm focused on advancing biotech innovations and sustainable solutions aimed at improving human and planetary health.

Firms observed investing alongside Red Tree Venture, from public investor directories. Shared companies are the overlap with Red Tree Venture's recorded portfolio.

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