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Dimension

San Francisco, CA · Invests in US; North America; Europe · Website

Check size

$1M-$15M

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Thesis

Technology and biology are converging to create the next generation of transformative companies. The digitization of life sciences—driven by exponential growth in biological data and advances in AI/ML—is enabling a new class of platform companies that will dominate the industry. Tomorrow's biotech will be built by teams of three: a biologist, a chemist, and a computer scientist.

Likely not a fit for

Dimension avoids pure consumer apps, hardware-only plays, non-technical founders, and business models that don't leverage the tech-bio convergence opportunity.

How they invest

Lead or follow
Usually leads
Typical decision
~2 months
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$850M
Decision process
Partnership vote

Partners & team

5 contacts on file

NL

Nan Li

Founder & Managing Partner · Primary contact

AG

Adam Goulburn

Founder & Managing Partner

ZD

Zavain Dar

Founder & Managing Partner

SB

Simon Barnett

Partner and Head of Research

RM

Reha Mathur

Investor

Portfolio

RecursionBiotech Life Sciences

Recursion Pharmaceuticals is a clinical stage TechBio company leading the space by decoding biology to radically improve lives. Enabling its mission is the Recursion OS, a platform built across diverse technologies that continuously expands one of the world’s largest proprietary biological and chemical datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained

Modal LabsEnterprise Software

Modal Labs provides high-performance AI infrastructure designed to facilitate the development and deployment of applications for data, AI, and machine learning. Their platform allows developers to run inference, training, and batch processing with instant autoscaling and a seamless developer experience.

EnvedaBiotech Life Sciences

Enveda Bio leverages evolutionary intelligence for drug discovery, utilizing a large foundation model called PRISM for analyzing small molecule mass spectra.

Monte Rosa TherapeuticsBiotech Life Sciences

Monte Rosa Therapeutics is focused on developing molecular glue degraders (MGDs) that target undruggable proteins for therapeutic purposes, particularly in immunology and inflammation.

Aspect BiosystemsBiotech Life Sciences

Aspect Biosystems is a biotechnology company pioneering the development of bioprinted tissue therapeutics to transform how we treat some of the most elusive diseases. Aspect's bioprinted tissue therapeutics are designed to replace, repair, or supplement biological function inside the body.

NewLimitBiotech Life Sciences

NewLimit is a biotechnology company focused on extending human healthspan through epigenetic reprogramming, developing medicines to treat aging and related diseases.

AutomataBiotech Life Sciences

Automata Technologies is a leading automation company powering life sciences labs with its LINQ platform, which automates lab workflows and is designed to be easily adoptable by various research institutions and pharmaceutical companies.

Kimia TherapeuticsBiotech Life Sciences

Kimia Therapeutics is focused on generating a chemical atlas for treating human diseases using advanced technologies that combine machine learning with chemical design and synthesis.

ConvokeEnterprise Software

Convoke is a modern recovery management system in a single, secure SaaS platform. Convoke enables creditors to increase recovery rates, reduce the burden of third-party oversight, and ensure regulatory compliance.

AxiomLegal Regtech

Axiom provides on-demand legal talent and business lawyers in Canada, offering flexible legal solutions and access to a network of over 14,000 legal professionals.

Kaleidoscope BioBiotech Life Sciences

Kaleidoscope Bio provides solutions to accelerate R&D workflows for internal and CRO projects, optimizing experiment and FTE spend for complex programs.

LaminBiotech Life Sciences

Lamin is an open data framework for biology that allows users to query, trace, and validate datasets and models at scale, automating context for agents and humans.

Recent activity

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Research briefRead more
Dimension: Pioneering the Convergence of Technology and Life Sciences Investment Thesis Dimension is a specialized venture capital firm singularly focused at the intersection of technology and life sciences. The firm's core conviction is that technology and biology are not separate disciplines but are fundamentally converging to create the next generation of transformative companies. Founded in March 2022 by three experienced venture investors—Nan Li, Adam Goulburn, and Zavain Dar—Dimension addresses a critical gap in the VC ecosystem: the shortage of capital allocators who are equally fluent in both domains. The firm believes that the digitization of life sciences is creating unprecedented opportunities for value creation. Biotech, once characterized by one-off experimentation and chance outcomes, is evolving into a data-centric, mechanized discipline where lab equipment follows Moore's Law-like cost and performance curves. This transformation has generated petabytes of rich biological data that can be leveraged by cutting-edge ML and software infrastructure. Dimension sees tomorrow's biotech as fundamentally different from the traditional model: it will be led by teams of three—a biologist, a chemist, and a computer scientist—rather than two. Core Investment Areas Dimension invests across the entire continuum of the tech-bio ecosystem: Biotech Platforms & Tools: Drug discovery platforms powered by AI/ML Lab automation and instrumentation Molecular simulation and computational biology Next-generation lab software and data management Software & Infrastructure: AI/ML infrastructure applicable to biological problems High-performance computing for scientific applications Developer tools for life science researchers Data infrastructure and visualization tools Clinical & Therapeutic Applications: Precision medicines Therapeutic modalities enabled by computational advances Cell and gene therapy platforms Regenerative medicine Stage Focus & Check Size Dimension demonstrates flexibility across all stages, from incubation through growth: Pre-Seed to Seed: $1M-$10M Series A: $2M-$15M+ Series B and beyond: Continuing support for exceptional companies Check size range: $1M-$10M+ with willingness to lead or co-lead rounds. Recent Activity Fund II Status : Dimension closed Fund II at $500M in December 2024, upsizing from an initial $350M Fund I. The firm is actively deploying from the new fund. Recent Investments (2024-2025): Chai Discovery: $130M Series B (AI-driven drug discovery, $1.3B valuation) Aspect Biosystems: $115M (bioprinted tissue therapies) NewLimit: $130M Series B (anti-aging/longevity) Modal Labs: $87M (AI infrastructure, unicorn status) Enveda Biosciences: Multiple rounds (AI + natural products) BioRender: Scientific visualization platform Odyssey Therapeutics: $213M Series D (precision medicines) Monte Rosa Therapeutics: Molecular glue degrader therapeutics Automata Technologies: $40M (lab automation) Recursion Pharma: NASDAQ-listed platform company Portfolio Highlights Unicorn Companies: Chai Discovery ($1.3B valuation) Modal Labs (AI infrastructure) Recursion Pharma (NASDAQ: RXRX) Enveda Biosciences (unicorn status) Clinical-Stage Companies: Odyssey Therapeutics (multi-program, $213M Series D) Monte Rosa Therapeutics (Novartis partnerships, $5.7B+ potential) Aspect Biosystems (tissue engineering, $115M) NewLimit (anti-aging, Eli Lilly co-investor) AI/Infrastructure: Modal Labs (unicorn, high-performance computing) Chai Discovery (AI molecular design) Enveda Biosciences (AI drug discovery) BioRender (scientific visualization) Team Founding Partners: Nan Li: Former MD at Obvious Ventures, investor in Dexterity, Recursion, Planet Adam Goulburn: Former GP at Lux Capital, founded Cajal Neuroscience, expertise in digitization and neuroscience Zavain Dar: Former GP at Lux Capital, led Recursion and Hugging Face investments, AI/crypto expertise Key Team Members: Simon Barnett: Partner and Head of Research (ARK Invest background) Reha Mathur: Investor with computational biology background (D.E. Shaw, Princeton) Nikhil Namburi: Investor with infrastructure focus (Two Sigma Ventures, Lux) Operations: Anna Bitton: VP Finance & Operations (OrbiMed, Torch Capital background) Decision process: Partnership model with research-backed thesis. Geographic Focus Primary: US (SF Bay Area, Boston, NYC) Secondary: Canada, Europe (UK), Japan, South Korea for specialized tech Founder Preferences Dimension seeks: Technical founders with deep domain expertise across biology/chemistry AND CS/ML Cross-disciplinary teams combining wet-bench scientists with software engineers Founders with track records from category-defining companies Contrarian thinkers challenging industry dogma Mission-driven entrepreneurs focused on transformative health impact Anti-Thesis Pure consumer social apps Hardware-only without software/ML differentiation Non-technical founders Teams without biotech/pharma operational experience Business models not leveraging tech-bio convergence Strategic Insights Platform-first : Portfolio companies build reusable platforms (Recursion, Enveda, Chai) AI/ML centrality : Nearly every company incorporates AI as core differentiation Large market focus : Targeting multi-billion dollar markets Regulatory expertise : Several companies pursuing FDA-regulated pathways Founder excellence : Portfolio marked by exceptional team pedigree Co-investor alignment : Attracts top-tier co-investors (OpenAI, Eli Lilly, Novo, Sanofi, Microsoft, Nvidia)

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