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Sector profile

Biotech & Life Sciences

Drug discovery, gene editing, synthetic biology

Companies inventing new medicines and biological technologies — gene therapies, mRNA platforms, synthetic biology, computational drug discovery. Long timelines, immense upside. · A public taster of the full Dealroom platform — request a demo for live deal flow, founder pedigrees, AI-talent maps, and per-company financials.

$1.1T+28%
Combined startup EV
$26B
VC invested (last 12mo)
9,200
Tracked startups globally
220
Thoroughbreds (top 1%)
🦄 Unicorns
158
158 live · +14 new in 2025
💎 Decacorns
9
$10B+ tier
🐎 Thoroughbreds
220
Top 1% growth · $500M+

Adjacent sectors by EV

Top hubs

Where Biotech & Life Sciences startups concentrate

Cities ranked by the count of Biotech & Life Sciences unicorns headquartered there.

By unicorn count
1 Boston, United States 38
2 Bay Area, United States 26
3 San Diego, United States 14
4 London, United Kingdom 9
5 Cambridge UK, United Kingdom 8
6 Shanghai, China 12
7 Basel, Switzerland 4
8 Tel Aviv, Israel 7

Sector funnel

From 9,200 Biotech & Life Sciences startups to 9 decacorns

Sequential progression from every tracked Biotech & Life Sciences startup down to the biggest scale-ups. Conversion rates show what fraction of one tier graduate to the next valuation cohort.

Tracked startups
9,200
Unicorns ($1B+ valuation)
158
1.7% of prior tier
Decacorns ($10B+ valuation)
9
5.7% of prior tier

🔥 Hottest sub-sectors

What's heating up inside Biotech & Life Sciences

The fastest-accelerating slices of Biotech & Life Sciences ranked by a composite heat score combining YoY VC growth, new-unicorn count, and scale. Tap any row to drill into the matching market map.

Heat = 50% YoY VC growth (capped at 5×) + 30% new unicorns 2025 + 20% scale (log EV). Filter floor: ≥30 VC-backed companies, ≥$1B sub-sector EV, ≥$10M last-12mo VC.

Vs. similarly-sized sectors

How Biotech & Life Sciences stacks up

Combined EV vs. the other 17 simplified sectors, plus a 5-yr growth × current-size scatter. Outliers in the upper-right are sectors compounding fastest.

Combined enterprise value
$3.5T
$1.9T
Biotech & Life Sciences
$1.1T
$920B
EV growth (5-yr ×) vs current EV
peer median 4.4× 2.1× 5.6× 9.2× $95B $576.6B $3.5T EV growth (5yr ×) Combined enterprise value (log) AI Biotech & Life Sciences Fintech eCommerce & Marketplaces Consumer Services Other B2B Software

Top overview

All 18 sectors — combined view

Every simplified sector ranked by combined EV. Biotech & Life Sciences's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 AI $3.5T 9.2× 320 $145B 18.5K
2 Fintech $1.9T 4.8× 318 $38B 21.8K
3 Other B2B Software $1.7T 4.4× 305 $28B 36K
4 Consumer Services $1.3T 2.4× 220 $22B 23K
5 Biotech & Life Sciences $1.1T 3.4× 158 $26B 9,200
6 eCommerce & Marketplaces $1.1T 2.8× 175 $18B 18.8K
7 Energy $920B 6.2× 110 $32B 7,600
8 Transportation $880B 3.7× 88 $19B 4,400
9 Health Tech & Medtech $720B 4.1× 142 $16B 12.4K
10 Cybersecurity $480B 4.4× 92 $14B 6,800
11 Space $380B 5.6× 32 $7.4B 1,400
12 Food $320B 3.0× 56 $5.8B 4,200
13 Semiconductors $240B 7.6× 26 $8.4B 980
14 Edtech $220B 2.1× 38 $4.2B 5,800
15 Defence $175B 7.8× 14 $6.2B 720
16 Robotics $165B 6.1× 28 $9.1B 1,600
17 Marketing $150B 3.6× 38 $4.4B 6,200
18 Aviation $95B 4.2× 12 $3.8B 540

Geographic concentration

Where the Biotech & Life Sciences unicorns cluster

Countries whose share of the global Biotech & Life Sciences unicorn pool is bigger than their overall share of global unicorns. A 5× over-index means that country is 5× more represented in Biotech & Life Sciences than in the global average.

🇨🇭 Switzerland
2.12×
4 Biotech & Life Sciences unicorns · 2.5% of global sector
🇬🇧 United Kingdom
2.01×
17 Biotech & Life Sciences unicorns · 10.8% of global sector
🇮🇱 Israel
1.36×
7 Biotech & Life Sciences unicorns · 4.4% of global sector
🇺🇸 United States
0.94×
78 Biotech & Life Sciences unicorns · 49.4% of global sector
🇨🇳 China
0.62×
12 Biotech & Life Sciences unicorns · 7.6% of global sector

Premium analytics

What we don't show on this page (yet)

Founder origins, AI-talent leaderboards, live deal flow and the patent landscape are gated to logged-in Dealroom users. Book a demo to access the full Biotech & Life Sciences dataset.

Founder origins
Where Biotech & Life Sciences founders went to school
Top universities
Origin countries
Origin companies
Per-capita map
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AI talent in Biotech & Life Sciences
Top employers of AI talent in Biotech & Life Sciences
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live Biotech & Life Sciences deal flow & funding rounds
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Patent map
Biotech & Life Sciences patent landscape
Top patent filers
Tech-cluster map
Citations & influence
Filing velocity
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Sentiment on X

What X is saying about Biotech & Life Sciences

An AI-synthesized read of the highest-engagement posts about Biotech & Life Sciences on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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