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Illumina Ventures company logo
Venture Capital
illuminaventures.com

Investments

83

Portfolio Exits

7

Funds

3

Partners & Customers

2

Service Providers

1

About 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.

Headquarters Location

500 Lincoln Centre Drive Suite 110

San Mateo, California, 94404,

United States

650-781-9770

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Expert Collections containing Illumina Ventures

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Illumina Ventures in 1 Expert Collection, including Synthetic Biology.

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Synthetic Biology

382 items

Research containing Illumina Ventures

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Illumina Ventures in 1 CB Insights research brief, most recently on Jul 2, 2024.

Latest Illumina Ventures News

Illumina Ventures Welcomes DeepSeq.AI as the Newest Illumina Ventures Labs Company

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.

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Illumina Ventures Investments Activity

investments chart

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

4

11/5/2025

Seed VC - II

Hepta Bio

$6.7M

Yes

2

10/1/2025

Series A

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$XXM

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10

8/18/2025

Series D

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$XXM

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10

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

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Amount

$100M

$6.7M

$XXM

$XXM

New?

Yes

No

Yes

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Co-Investors

Sources

2

4

2

10

10

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

$XXM

3

2/13/2025

Acquired

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$XXM

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10

12/19/2024

Acquired

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$XXM

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10

10/19/2021

Acquired

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$XXM

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10

6/17/2021

Reverse Merger

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$XXM

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10

Date

7/7/2025

2/13/2025

12/19/2024

10/19/2021

6/17/2021

Exit

Acquired

Acquired

Acquired

Acquired

Reverse Merger

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Acquirer

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Sources

3

10

10

10

10

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

$XXM

10

10/16/2017

Illumina Innovation Fund I

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$XXM

10

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

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Status

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Amount

$300M

$XXM

$XXM

Sources

1

10

10

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

Integrated Biosciences Collaborate with Illumina Ventures Labs to Design Novel Therapeutics Targeting the Transcriptome

`` 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

United States

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10

Date

5/28/2024

4/24/2017

Type

Partner

Vendor

Business Partner

Country

United States

United States

News Snippet

Integrated Biosciences Collaborate with Illumina Ventures Labs to Design Novel Therapeutics Targeting the Transcriptome

`` 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 .

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Sources

4

10

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

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Name

Omer Ayfer

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Work History

Title

Chief Information Officer

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Status

Current

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