GoldenGolden
Advanced Search
YC Bio

YC Bio

The biotechnology and life science arm of the Y Combinator incubator, which provides funding to startup companies.

YC Bio is the biotechnology and life science arm of the Y Combinator (YC) incubator. YC has invested in biotechnology companies since 2014, but launched YC Bio in June 2018 to focus on providing the additional guidance that is often needed for biotechnology companies, such as aiding portfolio companies with procuring clinical trial sites or obtaining patents for therapies or medical devices. YC Bio's main focus is on companies working on technologies and products that help improve lifespan and aging related diseases.

Program

YC Bio supports early-stage biotechnology companies that are usually at the point of development where they are completing initial university research for their technology and are ready to move into the lab phase of development. YC Bio typically offers $500k to $1 million in funding in exchange for 10-20% company ownership. Companies supported by YC Bio gain 12 months of access to lab and co-working space at Bonneville Labs in Berkeley, California, and support from the Buck Institute for Research on Ageing. There are also visiting partners at YC Bio that have extensive backgrounds in the field of biotechnology so that portfolio companies can utilize the partners' expertise while developing their own company.

Investment

The accelerator has invested in companies that have designed and manufactured products such as a point-of-care blood diagnostic device and a medical device for benign prostatic hyperplasia (BPH). Other companies have developed therapies for neurological conditions and developed technology for engineering new organisms.

Shasqi was the first of YC Bio's individual investments to have a drug enter in-human clinical trials. The drug is a novel therapy for cancer that allows chemotherapy drugs to be delivered more precisely to the tumor. Shasqi was funded at the beginning of YC Bio's program.

Closed

In a post to Hacker News on September 16, 2019, in answer to a question about YC Bio, it was revealed that Y Combinator decided against breaking bio funding out separately. This included a return in the investment structure to something closer to software investment structure, although with an emphasis on the intent of YC Bio remaining in Y Combinator's overall investment structure. The examples of Gingko Bioworks and a later investment in Asher Bio which were both successful investments in the consideration of Y Combinator and were done on an investment structure similar to the software investment structure.

Timeline

People

Name
Role
LinkedIn

Diego Rey

Visiting Partner at Y Combinator

Dr. Uri Lopatin

Visiting Partner at Y Combinator

Geoff Ralston

President of Y Combinator

Jared Friedman

Group Partner at Y Combinator

Surbhi Sarna

Visiting Group Partner at Y Combinator

Further reading

Title
Author
Link
Type
Date

A new experiment aims to cure aging once and for all

Claudia Geib

Web article

I'm curious what happened to the YC bio [1] track which was announced in 2018 wi... | Hacker News

Web

Y Combinator is launching a biotech track

Megan Rose Dickey

News article

Y Combinator will give you $1 million to try to cure aging

Antonio Regalado

Web article

YC Bio

Sam Altman

Web article

YC Bio Providing Lab Space for Biotech Startups Working on Aging |

Steve Hill

Web article

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

References

Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.