Avalon Ventures

Avalon Ventures

Avalon Ventures is an early stage venture capital fund particularly focused on making investments in information technology, biotechnology, healthcare, pharmaceutical, venture capital and life sciences. 

Avalon Ventures caters to all the stages of investment including seed, early stage, and late stage, but is particularly drawn to seed and early-stage companies. 

About Avalon Ventures

Avalon Ventures is an early stage venture capital fund particularly focused on making investments in information technology, biotechnology, healthcare, pharmaceutical, venture capital and life sciences. 

Brief history

Founded by Kevin Kinsella in 1983, Avalon Ventures has since grown to manage four funds:

  • Avalon Ventures VII, LP – announced on 4 March 2005 and raised US$200 million
  • Avalon Ventures IX – announced on 11 January 2011 and raised US$200 million
  • Avalon Ventures X – announced on 30 August 2012 and raised US$200 million
  • Avalon Ventures XI – announced on 14 September 2016 and raised US$116 million

Since its inception, the company has made 157 major investments of which 47 were lead investments. 

Geographically

With offices in La Jolla, California, and in Cambridge, Massachusetts, United States, Avalon Ventures serves the Greater San Diego Area on the West Coast of the Western United States. Not limited to local investment, Avalon Ventures has also made investments in companies in other countries, including the United Kingdom.

Significant Investments 

Avalon Ventures caters to all the stages of investment including seed, early stage, and late stage, but is particularly drawn to seed and early-stage companies. The company believes that this is the most rewarding, albeit challenging period of company creation. As former entrepreneurs, each member of the team at Avalon Ventures is passionate about pursuing disruptive ideas in continuously changing market environments. Some of the company’s most significant lead investments are Memrise, BotChain, and Synthorx. 

An investment of US$15.5 million into Memrise during the Series B funding round was announced in June 2018. Memrise is a United Kingdom-based language learning platform founded in 2010. With an investment of US$5 million, Avalon Ventures was announced as lead investor of the venture round of BotChain, an American information technology company specialising in using blockchain technology to enable universal registration and identity validation. Avalon Ventures also invested US$63 million into Synthorx during its Series C funding round. Founded in 2014, Synthorx is a biotechnology company located in La Jolla, California in the United States. 

Avalon Ventures in the News

As reported by the PE Hub Network in March 2018, Avalon Ventures and Marc Benioff, CEO, and founder of Salesforce invested US$5 million into Averon, a San Francisco-based mobile identity verification developer during Series A1 financing. Tech Hub reported in June 2018 that Octopus Ventures and Koreleya Capital would join Avalon Ventures in the Series B round of investment in Memrise, a United Kingdom-based startup that has developed an innovative language-learning app that adapts to users’ needs as they progress. The additional US$15.5 million in funding was allocated to expand the product. In 2016 it was announced that Avalon Ventures raised more than US$116 million for its 11th fund. Business Wire reported in December 2017 that Jnana Therapeutics received seed funding of US$50 million through an investment from Avalon Ventures, Polaris Partners, Versant Ventures, Pfizer R&D Innovate and AbbVie Ventures. 

More Companies in the Americas

xponentialworks logo

XponentialWorks

XponentialWorks is a venture capital firm based in California. Read about the company's history and investments.
Read More
GP Investments

GP Investments

GP Investments is a Brazilian alternative investment company with a focus on technology investments. Learn about the company’s history and find out about its most ...
Read More
Bessemer Venture Partners Logo

Bessemer Venture Partners

Etienne vantKruys’ Token Research Group Capital is a Digital Assets Firm Changing the Way Investors See Decentralized Finance and Emerging Blockchain Tech.
Read More
softbank capital

SoftBank Capital

SoftBank Capital, a top US-based investment company involved in all investment stages, with focus on technology, mobile telecommunications, and SaaS.
Read More
Redpoint

Redpoint Ventures

Redpoint Ventures, an American investment firm that invests in local industry giants as well as a variety of companies in South America, particularly in Brazil ...
Read More
Founders Fund logo

Founders Fund

Founders Fund is a leading VC firm that has been involved in the early stages of some of the most important fintech developments of the ...
Read More
WIND Ventures logo

WIND Ventures

WIND Ventures is a Corporate Capital Venture focusing on start-ups and scale-ups in new mobility, eco energy, and retail, to boost their growth in Latin ...
Read More
Socialatom Ventures

Socialatom Ventures

Socialatom Ventures is a seed capital firm founded by entrepreneur and investor Andrés Barreto. The company invests in global tech startups located across the Americas ...
Read More
Princeville Capital Logo

Princeville Capital

Princeville Capital is a US-based investment company which is focused on growth-stage technology companies.
Read More

Investors in the Americas

Keith Rabois

Keith Rabois

Keith Rabois is an American executive and investor, known for his early-stage startup investments and executive roles at PayPal, LinkedIn, Square. He is considered a ...
Read More
carlos slim

Carlos Slim

Carlos Slim is an award-winning Mexican investor, entrepreneur, engineer, and philanthropist. Between 2010 and 2013, the business magnate was ranked by Forbes as the wealthiest ...
Read More
Avi Reichental

Avi Reichental

Avi Reichental is an intrepid investor, digital manufacturing expert and thought leader, driven by the desire to invest in the technologies of tomorrow.
Read More
Jimmy Ahern Laidlaw's Managing Partner

James Ahern

James "Jim" Ahern is the managing partner of Laidlaw & Company UK and the founder of Laidlaw Venture Partners (LVP).
Read More
Val Babajov

Val Babajov

Val Babajov is a US-based serial angel investor and entrepreneur. He is the founder and managing partner of VoiVoda Ventures and the founder and president ...
Read More
Neil Sweeney

Neil Sweeney

Neil Sweeney, CEO of Freckle IoT has been breaking technology barriers for decades. His latest launch, Killi is a mobile app that puts ownership of ...
Read More
christine tsai

Christine Tsai

Christine Tsai, a Guam business executive who co-founded and heads 500 Startups, a global company on a mission to discover and back the world’s most ...
Read More
Steve Reale

Steve Reale

Steve Reale is the CFO and Venture Partner at Ulu Ventures, a venture capital firm that focuses on seed stage IT startups. He has 20 ...
Read More
Bedy Yang

Bedy Yang

Bedy Yang is an American investment specialist who is highly skilled in entrepreneurship, venture capital investments and startups.
Read More