
Investments
83Portfolio Exits
7Funds
3Partners & Customers
2Service Providers
1About Illumina Ventures
Illumina Ventures operates as an independently managed firm that invests in early-stage companies within the life sciences sector, focusing on genomics and precision medicine. The firm provides funding and support for life science tools, clinical diagnostics, and therapeutics. It was founded in 2016 and is based in San Mateo, California.
Expert Collections containing Illumina Ventures
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Research containing Illumina Ventures
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CB Insights Intelligence Analysts have mentioned Illumina Ventures in 1 CB Insights research brief, most recently on Jul 2, 2024.

Jul 2, 2024 team_blog
How to buy AI: Assessing AI startups’ potentialLatest Illumina Ventures News
Nov 10, 2025
— Ron Mazumder, Ph.D., Partner at Illumina Ventures FOSTER CITY, CA, UNITED STATES, November 10, 2025 / EINPresswire.com / -- DeepSeq.AI, Inc. (DeepSeq), a privately held biotech company transforming AI-based protein drug discovery using hyperscaled data, today announced the completion of an investment from Illumina Ventures. As part of the investment transaction, Martin Moorhead, Ph.D., Chief AI Scientist at Illumina Ventures, will join the DeepSeq board. DeepSeq's platform enables its biopharma drug discovery partners to perform multimodal “large molecule”/biologics lead discovery and optimization efforts quickly and efficiently, helping them achieve protein drug candidates in months rather than years using current industry best practices. DeepSeq's proprietary LLM-based technology can generate and analyze huge experimental datasets, including large-scale protein-protein interaction (PPI) data, allowing its AI algorithms to discover better drug candidates. The funds will be used to scale DeepSeq's data sets and development teams to meet the demand for future collaborations and partnerships related to protein drug discovery. "High-quality and massive PPI and other data are the key to unlocking effective AI-based protein drug discovery, and our large-scale PPI and other data sets, validated through a DARPA-funded initiative, will allow our AI algorithms to efficiently discover better protein drug candidates," said DeepSeq co-founder and CEO Andrew Chang, Ph.D. “Importantly, our PPI data generation efforts rely on the high-throughput and high-quality Illumina NGS platform, so we are exceptionally excited to have Illumina Ventures as a partner.” "DeepSeq's unique technology enables precision protein sequence to function mapping using PPI data sets at unprecedented scales," said Ron Mazumder, Ph.D., Partner at Illumina Ventures. “DeepSeq's usage of the Illumina NGS platform showcases the value of Illumina technology for high-throughput protein drug discovery.” About DeepSeq DeepSeq is a leading protein drug discovery startup, seeking to transform AI-based protein drug discovery using hyperscaled data. Backed by leading accelerators Merck Digital Sciences Studio (DSS) and Berkeley SkyDeck, DeepSeq also has received grant awards from DARPA and NSF. DeepSeq's commercially available platform is already used by many big pharma customers and the company furthermore has been recognized with the 2025 Astellas Future Innovators award and the 2024 MBC Biolabs/ONO “Golden Ticket” award. For more information, visit www.deepseq.ai About Illumina Ventures Illumina Ventures is an independently managed, healthcare-focused venture firm in a strategic partnership with Illumina, with the vision to unlock the power of the genome. As an early-stage, value-add investor, Illumina Ventures helps entrepreneurs develop breakthrough science and technologies into market-leading companies to transform healthcare. The firm focuses on investment in life science tools, therapeutics, diagnostics, and personal wellness. For more information, visit www.illuminaventures.com PR Department DeepSeq.AI, Inc. info@deepseq.ai Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Illumina Ventures Investments
83 Investments
Illumina Ventures has made 83 investments. Their latest investment was in DeepSeq.AI as part of their Unattributed VC on November 10, 2025.
Illumina Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/10/2025 | Unattributed VC | DeepSeq.AI | Yes | 2 | ||
11/10/2025 | Series C | Iambic Therapeutics | $100M | No | Abingworth, Alexandria Venture Investments, Alumni Ventures, Ark Ventures, Ascenta Capital, Catalio Capital Management, China Everbright, Freeflow Venture Builders, Mubadala, Pegasus Tech Ventures, Qatar Investment Authority, Regeneron Ventures, Sequoia Capital, Tao Capital Partners, Terra Magnum Capital Partners, Undisclosed Investors, and Wilson Sonsini Goodrich & Rosati | 4 |
11/5/2025 | Seed VC - II | Hepta Bio | $6.7M | Yes | 2 | |
10/1/2025 | Series A | |||||
8/18/2025 | Series D |
Date | 11/10/2025 | 11/10/2025 | 11/5/2025 | 10/1/2025 | 8/18/2025 |
|---|---|---|---|---|---|
Round | Unattributed VC | Series C | Seed VC - II | Series A | Series D |
Company | DeepSeq.AI | Iambic Therapeutics | Hepta Bio | ||
Amount | $100M | $6.7M | |||
New? | Yes | No | Yes | ||
Co-Investors | Abingworth, Alexandria Venture Investments, Alumni Ventures, Ark Ventures, Ascenta Capital, Catalio Capital Management, China Everbright, Freeflow Venture Builders, Mubadala, Pegasus Tech Ventures, Qatar Investment Authority, Regeneron Ventures, Sequoia Capital, Tao Capital Partners, Terra Magnum Capital Partners, Undisclosed Investors, and Wilson Sonsini Goodrich & Rosati | ||||
Sources | 2 | 4 | 2 |
Illumina Ventures Portfolio Exits
7 Portfolio Exits
Illumina Ventures has 7 portfolio exits. Their latest portfolio exit was Trace Genomics on July 07, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
7/7/2025 | Acquired | 3 | |||
Date | 7/7/2025 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 3 |
Illumina Ventures Fund History
3 Fund Histories
Illumina Ventures has 3 funds, including Illumina Innovation Fund IIi.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
8/22/2024 | Illumina Innovation Fund IIi | $300M | 1 | ||
9/20/2021 | Illumina Innovation Fund II | ||||
10/16/2017 | Illumina Innovation Fund I |
Closing Date | 8/22/2024 | 9/20/2021 | 10/16/2017 |
|---|---|---|---|
Fund | Illumina Innovation Fund IIi | Illumina Innovation Fund II | Illumina Innovation Fund I |
Fund Type | |||
Status | |||
Amount | $300M | ||
Sources | 1 |
Illumina Ventures Partners & Customers
2 Partners and customers
Illumina Ventures has 2 strategic partners and customers. Illumina Ventures recently partnered with Integrated Biosciences on May 5, 2024.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
5/28/2024 | Partner | United States | `` Illumina Ventures supports innovative companies that are pursuing breakthrough science , and our partnership with Integrated Biosciences , through our Illumina Ventures , represents an investment in the intersection of healthcare , genomics , and sequencing , '' said Ron Mazumder , Ph.D. , Partner at Illumina Ventures . | 4 | |
4/24/2017 | Vendor |
Date | 5/28/2024 | 4/24/2017 |
|---|---|---|
Type | Partner | Vendor |
Business Partner | ||
Country | United States | |
News Snippet | `` Illumina Ventures supports innovative companies that are pursuing breakthrough science , and our partnership with Integrated Biosciences , through our Illumina Ventures , represents an investment in the intersection of healthcare , genomics , and sequencing , '' said Ron Mazumder , Ph.D. , Partner at Illumina Ventures . | |
Sources | 4 |
Illumina Ventures Service Providers
1 Service Provider
Illumina Ventures has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Counsel |
Service Provider | |
|---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type |
Partnership data by VentureSource
Illumina Ventures Team
3 Team Members
Illumina Ventures has 3 team members, including current Chief Information Officer, Omer Ayfer.
Name | Work History | Title | Status |
|---|---|---|---|
Omer Ayfer | Chief Information Officer | Current | |
Name | Omer Ayfer | ||
|---|---|---|---|
Work History | |||
Title | Chief Information Officer | ||
Status | Current |
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