Top 4 Nevada Biotech Startup Investors and Funds (2026)

The best Nevada investors for biotech startups are Battle Born Venture, the state's venture capital program; Desert Forge Ventures, a Las Vegas fund that backs biotech and healthcare companies; Reno Seed Fund, a Northern Nevada angel fund; and AngelNV, the angel network run by StartUpNV. Most of them expect a real Nevada connection, so check each fit before you pitch.
Nevada's biotech scene is young but moving. BioTech Vegas launched in 2025 as a nonprofit coalition of public, private, and academic leaders, and in March 2026 Roseman University opened Roseman Bioventures, a 120,000-square-foot life science incubator on its Summerlin campus.
Do you have a biotech startup idea that could answer a real public need? Then this list, along with our guide to the top investors in Nevada, is meant for you.
Who Are the Top 4 Investors Funding Biotech Startups in Nevada?
Battle Born Venture

Website: Battle Born Venture
Type: State venture capital program
Focus Sectors: Sector agnostic (no gambling, alcohol, cannabis, firearms, real estate, investment firms, or lenders)
Funding Stage: Early stage, with recurring revenue (exceptions below)
Check Size: Up to $1 million per company over time, and no more than $500,000 in the first round
Present in: Nevada
Recent Investments: VisionAid, NeuroReserve, Adaract, and Beloit Kombucha (2023)
Battle Born Venture is Nevada's state venture capital program. It was created in 2013, is overseen by the Governor's Office of Economic Development, and is funded through the federal State Small Business Credit Initiative. It has celebrated five exits.
It does not lead rounds. Instead, it co-invests with professional investors such as venture capital firms, corporate venture arms, and incorporated angel funds, joining deals from $200,000 to $20 million in total size and investing up to half of a round. Your company needs a Nevada business license and address, and it must be a C-corp or S-corp, because Battle Born does not invest in LLCs.
Biotech founders should note the exceptions to its recurring-revenue rule. Startups spun out of Nevada's research universities, or affiliated with projects supported by the Knowledge Fund, don't need revenue. Deep technology companies with active SBIR or STTR contracts may also qualify.
Desert Forge Ventures

Website: Desert Forge Ventures
Type: Venture capital fund (Fund I)
Focus Sectors: Deep tech, biotech, and healthcare
Funding Stages: Pre-Seed, Seed, and Series A
Check Size: $100,000 to $1 million (as reported by the Las Vegas Global Economic Alliance)
Present in: Las Vegas, Nevada
Desert Forge Ventures launched on May 1, 2025, led by Len Jessup, a former president of UNLV. The fund grew out of a collaboration with UNLV and gives preference to startups with a UNLV tie or a strong presence in the Las Vegas Valley and the Southwest.
It also recruits startups from outside Nevada, but its investment is contingent on relocating to Las Vegas. Desert Forge invests in several startups based at Roseman Bioventures, the life science incubator mentioned above.
Reno Seed Fund

Website: Reno Seed Fund
Type: Angel fund (founded 2019)
Focus Sectors: Early-stage, technology-enabled companies, including health care and biotech
Funding Stages: Pre-Seed, Seed, and Seed+
Present in: Northern Nevada and the Mountain West
Health Investments: Astrocyte Pharmaceuticals and Osteoboost Health
Reno Seed Fund is a Reno-based angel fund founded in 2019, set up with help from the Economic Development Authority of Western Nevada and local angel investors. It leads or co-leads investments alongside syndication partners.
Its health-related portfolio includes Astrocyte Pharmaceuticals and Osteoboost Health, so it is worth a look if you're building a biotech company in Northern Nevada.
AngelNV

Website: AngelNV
Type: Angel investor network run by StartUpNV, a nonprofit startup accelerator
Focus Sectors: Revenue-generating Nevada startups (not biotech specific)
Investment: $400,000 combined (angel funds plus state matching) to a winning startup
Present in: Las Vegas, Nevada
Track Record: 15 Nevada startups funded since 2020
AngelNV launched in 2020 as part of StartUpNV, a nonprofit statewide startup incubator and accelerator. Accredited investors pool money in the AngelNV Conference Fund, the state's SSBCI program matches it, and the result is a $400,000 investment in a winning startup.
It isn't a biotech fund, but its free entrepreneur bootcamp is a practical way to get a biotech pitch in front of Nevada angels. More Las Vegas names are in our guide to angel investors in Las Vegas.
Wrap-Up:
So, there's your list of Nevada funds and angel groups that back biotech and other early-stage startups.
Before we wrap up, here is one hidden secret about why most startups fail to secure an investment. In most screening decks, investors expect a killer startup idea that could lead its industry. Your startup may have the perfect solution, but you need a strong hook to prove it right at the start.
A hook can be a shocking statistic, a powerful story, or a bold problem-solution statement. One great way to master the art is to study companies like Airbnb or Uber, which are known for clear, punchy introductions. Reading guides on creating pitch decks is a great way to get started.
Frequently Asked Questions About Nevada Biotech Investors
Who invests in biotech startups in Nevada?
Battle Born Venture, Desert Forge Ventures, Reno Seed Fund, and AngelNV are the main Nevada options on this list. Desert Forge targets biotech and healthcare directly, Reno Seed Fund has backed health companies like Astrocyte Pharmaceuticals, and Battle Born co-invests across sectors. AngelNV is sector agnostic.
Do I need to be based in Nevada to get funding from these investors?
Mostly, yes. Battle Born requires a Nevada business license and address. Desert Forge prefers startups tied to UNLV or the Las Vegas Valley and backs outside startups only if they relocate to Las Vegas. Reno Seed Fund focuses on Northern Nevada and the Mountain West, and AngelNV works with Nevada-based startups.
How much do Nevada's early-stage investors put into a startup?
Battle Born invests up to $1 million per company over time, with no more than $500,000 in the first round. Desert Forge's reported range is $100,000 to $1 million. AngelNV's annual pitch event funds a winning startup with a combined $400,000 from angels and state matching funds.
Can a pre-revenue biotech startup get Battle Born Venture funding?
Possibly. Battle Born normally requires recurring revenue, but that rule doesn't apply to startups spun out of Nevada's research universities or tied to Knowledge Fund projects. Deep technology companies with active SBIR or STTR contracts may also be eligible. You still need a Nevada business license and a C-corp or S-corp structure.
Where can I find more biotech investors beyond this list?
AngelMatch lists 300+ investors based in Nevada and 19,000+ investors tagged to biotechnology. Filter both to build a shortlist, or paste your website into the AI Fundraising Agent to get matched investors and first outreach drafts.
