Firms

Magnetic Ventures

Magnetic Ventures

Boston, Massachusetts, United States · Miami, Florida, United States · Research Triangle Park, North Carolina, United States

magneticvc.com

US venture capital firm founded by Christine Aylward in 2018, backing companies at the intersection of deep technology and life sciences. Magnetic Ventures invests in AI, machine learning, multiomics, drug discovery, precision medicine and technology-enabled healthcare, typically entering at seed or Series A with initial checks of $1–6 million. Its current offices are in Boston, Miami and Research Triangle Park. The team comprises a founder and managing partner, two venture partners and three advisers. Portfolio companies include Proxima Bio, Weave Bio, Relation Therapeutics, Deep Genomics, Transition Bio and Gilgamesh Pharmaceuticals. Magnetic Ventures Management, LLC reports Funds I and II; reported asset values and fundraising targets are distinct from completed fund closings. This US healthcare firm is separate from Berlin infrastructure investor Magnetic Capital.

Founded
2018
Type
Venture capital

Funds2

  • Magnetic Ventures Fund I, L.P.—
  • Magnetic Ventures Fund II, L.P.—

Team

Robert Nelsen
$75M$50K – $150MNew York, New York

Operations and support

Christine AylwardChristine AylwardFounder and Managing Partner
Jillian ShawJillian ShawVenture Partner
Jim WeissJim WeissAdvisor
John MaraganoreJohn MaraganoreAdvisor
Umut EserUmut EserVenture Partner

Co-investing

DCVC
Jason Pontin
NVentures
ARCH Venture Partners
Bristol Myers Squibb

Investments

$91M2026-01-13Proxima BioDCVC, Jason Pontin, Modi Ventures, Magnetic Ventures, NVentures, Braidwell LP, Roivant Sciences, AIX Ventures, Yosemite, Alexandria Venture Investments
$26M2025-12-09Relation TherapeuticsDCVC, NVentures, Magnetic Ventures, Jason Pontin
$20M2025-10-16Weave BioU.S. Venture Partners, Innovation Endeavors, Magnetic Ventures, Character Capital, TMV, Serrado Capital
$10M2024-05-30Weave BioInnovation Endeavors, Magnetic Ventures
$35M2024-03-14Relation TherapeuticsDCVC, NVentures, Khosla Ventures, Deerfield, Magnetic Ventures, Jason Pontin, ARK, Jonathan Milner
$203M2023-01-27Paradigm HealthARCH Venture Partners, General Catalyst, F-Prime Capital, GV, Mubadala Ventures, Lux Capital, Magnetic Ventures, Hemant Taneja, Elena Viboch, Bilal Zuberi, BrightEdge
$25M2022-06-09Relation TherapeuticsDCVC, Magnetic Ventures, Jason Pontin, Khosla Ventures, OMERS Ventures, Firstminute Capital, Jonathan Milner, Peer Schatz, Mark Stevenson
$50M2022-06-02Transition BioNorthpond Ventures, Taiho Ventures, Bristol Myers Squibb, Cambridge Enterprise, Lifeforce Capital, Magnetic Ventures
$67M2021-05-19HiberCellARCH Venture Partners, Hercules Capital, Inc., Magnetic Ventures, Bristol Myers Squibb, Tekla Capital Management, Raptor Group
$29M2021-03-23AppliedVRF-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures, Cedars-Sinai Medical Center