—— 10th Anniversary · 2016 — 2026 ——
Taiho Ventures
Est. 2016 · Menlo Park, CA
—— No. 01 / Overview

Patient capital for the
scientists rebuilding
medicine itself.

Taiho Ventures is the corporate venture arm of Taiho Pharmaceutical — an R&D-driven company with a sixty-year history of putting customers first and a pledge to "improve human health and contribute to a society enriched by smiles."

We back early-stage founders developing first-in-class therapeutics, novel platform biology, and the modalities that will define the next decade of oncology, immunology, and rare disease. We hold for the long arc — and we bring the operating muscle of a global pharmaceutical to every check we write.

$400M
Assets under management
24
Active portfolio companies
2016
Founded · Menlo Park, CA
60yr
Of Taiho Pharma's R&D heritage
—— No. 02 / Thesis

Where we invest.

Four areas, one filter — does this work compound the science Taiho has spent decades building?

01

Drug Discovery

First-in-class small molecules, biologics, and gene/cell therapies grounded in new biology.

02

Platform Tech

Foundational platforms that compress the path from target to clinic.

03

Spin-outs

Strategic carve-outs from Taiho's own pipeline — assets ready for an independent journey.

04

Devices & Dx

Opportunistic investments across diagnostics, devices, and digital health.

—— No. 03 / Portfolio

The companies we've backed.

View all 24 →
01
Cullinan
02
Orna
03
Halda
04
Magnet Bio
05
Werewolf
06
Harpoon
07
NextCure
08
ORIC
09
Anavo
10
Dren Bio
11
Storm Tx
12
Theo
13
Light-Horse
14
Cellvie
15
Transition Bio
16
Vertero
—— No. 04 / The Partners

Who reads the round.

Read the team →
01
Sakae Asanuma CFA
President & CEO
Est. 2016
02
Seiji Miyahara PhD
Senior Investment Director
Est. 2016
03
Takaaki Ishii
Senior Investment Director
Est. 2019
04
Hidefumi Kasuga PhD
Investment Director
Est. 2022
05
Takayuki Hirano PhD
Associate Director
Est. 2024
—— No. 05 / The Pledge

We strive to improve human health and contribute to a society enriched by smiles.

The Taiho Pledge · Est. 1963

The pledge is sixty years old. It is also what governs every term sheet we issue, every board seat we take, and every founder we choose to walk alongside.

—— No. 06 / Intake

Submit a company.

Five fields and a paragraph. We answer every brief in five business days — including no. If we want a deeper conversation, we will write back with a time.