Borealis Ventures
Overview
Borealis Ventures is a venture capital firm founded in 2002 that partners with entrepreneurs to build companies in the healthcare sector, with a focus on new therapies, digital innovation, and life science platforms.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Adimab | Apr 2012 | Series F | Co-investor |
| Dandelion Energy | Mar 2018 | Seed | Co-investor |
| ASTRA Therapeutics | Jul 2025 | Seed | Co-investor |
| Jenga Biosciences | Mar 2024 | VC Round | Lead |
| T-Cypher Bio | Feb 2021 | Series A | Co-investor |
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Key People
Jesse Devitte
Co-Founder
Phil Ferneau
Co-Founder and Managing Partner
Kevin Isett
Venture Partner
Julia Stephanus
Partner
Emily Snyder
Principal
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Borealis Ventures based?
Borealis Ventures is headquartered in Hanover, New Hampshire, United States.
When was Borealis Ventures founded?
Borealis Ventures was founded in 2002.
How many portfolio companies does Borealis Ventures have?
Borealis Ventures has 13 portfolio companies in Caplight's dataset.
What are some companies in Borealis Ventures's portfolio?
Portfolio companies visible on Caplight include Adimab, Dandelion Energy, ASTRA Therapeutics, Jenga Biosciences, T-Cypher Bio.
What was Borealis Ventures's most recent investment shown here?
Borealis Ventures's most recent investment in this portfolio sample was in ASTRA Therapeutics in 2025.
What sectors does Borealis Ventures focus on?
Borealis Ventures focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Real Estate & PropTech, AI, Data & Cloud Infrastructure, Enterprise Software, Real Estate & PropTech, Real Estate & PropTech, AI, Data & Cloud Infrastructure.
What company stages does Borealis Ventures focus on?
Borealis Ventures typically invests at the MultiStage stage.
What is Borealis Ventures's AUM?
Borealis Ventures's assets under management are estimated between $50.0M and $150.0M.