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Innovative academic startups 2016

An Erratum to this article was published on 08 February 2017

This article has been updated

In a culmination of previous trends, this year's ranking of academic spinouts on the basis of venture capital A rounds in 2016 resulted in a list exclusively of firms based in the United States. Recognizing that innovation is global, we have also listed in Table 1 two top-capitalized startups from Europe and Asia. Overall, US biopharma startups dwarf firms from other areas in terms of capitalization and number (Fig. 1); Ireland and the UK are punching above their weight; European companies continue to be comparatively undercapitalized. Those few biotech firms started in China were funded exceptionally well (Table 2).

Table 1 Top ten A rounds in 2016 for innovative academic startups (as of Dec. 15)
Figure 1: Number of startups by country in 2016.

A-2 rounds, and rounds of undisclosed amounts, left out. NA, not applicable. Source: BCIQ: BioCentury Online Intelligence

Table 2 Total and average A-round amounts by country in 2016

Change history

  • 12 January 2017

    In the version of this article initially published, in Table 1, first row of Scientific Founders, William A. Frazier's affiliation was given as Washington State University; the correct affiliation is Washington University, St. Louis. The error has been corrected in the HTML and PDF versions of the article.

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Huggett, B. Innovative academic startups 2016. Nat Biotechnol 35, 16 (2017).

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