4Bio Partners
4Bio Partners, which trades as 4BIO Capital, is a London-headquartered venture capital firm that invests exclusively in the advanced-therapies sector. It backs early-stage life-science companies developing cell and gene therapies, RNA-based therapies, targeted therapies, radiopharmaceuticals and microbiome treatments addressing areas of high unmet medical and social need. The wider 4BIO Capital business has invested since 2014, while the UK management entity, 4BIO Partners LLP, was incorporated in October 2018. The firm has invested in more than 25 advanced-therapies companies, with notable outcomes including the public listings of UniQure and Autolus and the trade sales of Orchard Therapeutics and Araris Biotech. It is authorised and regulated by the UK Financial Conduct Authority under firm reference number 842764. Its latest flagship fund, 4BIO Ventures III, is a 2022-vintage vehicle targeting up to USD 200 million.
4Bio Partners is a London venture capital firm with 14 active companies and 3 exits.
- ·Average hold across 3 realized deals: 3 years.
- ·Top sector focus: Biotech (100% of portfolio).
- ·Fund cadence: ~3Y between vintages · last raise 2022.
Geography breakdown
7 geographiesKey facts
Recent exits
4Bio Partners sold Araris Biotech to Taiho Pharmaceutical in 2025 after 5 years.
4Bio Partners sold Redpin Therapeutics to Kriya Therapeutics in 2022 after 2 years.
4Bio Partners took Orchard Therapeutics public in 2018 after 1 year.
Coverage notes
2 funds tracked, 17 portfolio companies (14 active · 3 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund 4Bio Partners has raised, with its portfolio companies. Hand-checked from public filings.
4BIO Ventures IIILife Sciences VC2022€184M14 assets1 exitsLife Sciences VC2022 · 4yr€184M141
Unrealized
14 held| Company | Entry |
|---|---|
| Actithera Biotech · Switzerland | 2025 |
| Aptadir Therapeutics Biotech · Italy | 2026 |
| Ascend Advanced Therapies Biotech · UK | 2023 |
| Cloverleaf Bio Biotech · United States | 2026 |
| Code Biotherapeutics Biotech · US | 2022 |
| Cytospire Therapeutics Biotech · UK | 2026 |
| Entact Bio Biotech · US | 2022 |
| Hornet Therapeutics Biotech · UK | 2024 |
| LUCA Science Biotech · Japan | 2022 |
| March Biosciences Biotech · US | 2024 |
| Ray Therapeutics Biotech · US | 2021 |
| SparingVision Biotech · France | 2020 |
| Trogenix Biotech · UK | 2023 |
| ViaNautis Bio Biotech · UK | 2023 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Orchard Therapeutics Biotech · UK | 2017 | 2018 | IPO | – | – |
4BIO Ventures IIRealisingLife Sciences VC2019€45M0 assets2 exitsLife Sciences VC2019 · 7yr€45M02
Realized
2 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Araris Biotech Biotech · Switzerland | 2020 | 2025 | Trade Sale | Taiho Pharmaceutical | – |
| Redpin Therapeutics Biotech · US | 2020 | 2022 | Trade Sale | Kriya Therapeutics | – |
About 4Bio Partners
4BIO Partners (4BIO Capital) is one of the few venture capital firms investing exclusively in advanced therapies with approximately $300 million plus of assets under management as of December 2024 across Ventures II and Ventures III (Ventures III is 2023 vintage, with the Development Bank of Japan joining Ventures III in January 2024), headquartered in London. The firm was founded in 2015 as a specialist VC focused on advanced therapies and operates as 4BIO Partners LLP, FCA-regulated.
Investment thesis
4BIO Partners deploys capital through approximately three funds (4BIO Ventures I, II, III), targeting early-stage venture capital exclusively in advanced therapeutics addressing high unmet medical need. Sector focus spans cell and gene therapy, RNA-based therapeutics, targeted therapies, microbiome and broader advanced and emerging biotech modalities. Geographic deployment is global across the US, UK and Europe, London-based. The platform aims to take advanced therapy modalities (cell, gene, RNA) mainstream.
Recent activity
Recent realised exits include an antibody-drug conjugate and biotech acquisition (2024). Recent investments include oncology viral immunotherapy Series A (2025), gene therapy Series A (2024-2025) and radiopharmaceutical and targeted therapy Series A (2024-2025). The platform continues active deployment of Ventures III across the advanced therapeutics mandate.
Frequently asked questions
- What investment strategy does 4Bio Partners focus on?
- 4Bio Partners focuses on VC strategies in the private equity space.
- How many portfolio companies does 4Bio Partners have?
- 4Bio Partners has 14 active portfolio companies and 3 completed exits and 2 funds tracked on GP Intel.
- Where is 4Bio Partners headquartered?
- 4Bio Partners is headquartered in London, United Kingdom.
- When was 4Bio Partners founded?
- 4Bio Partners was founded in 2018.
- What sectors does 4Bio Partners invest in?
- 4Bio Partners invests across Healthcare.
- What are 4Bio Partners's recent exits?
- Recent realized exits by 4Bio Partners include: Araris Biotech (2025) to Taiho Pharmaceutical; Redpin Therapeutics (2022) to Kriya Therapeutics.
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