Flagship Pioneering
Bio company-creation firm — founded Moderna
VC
Sector Specialist
📍 Cambridge, MA
Founded 2000
AUM
$19B
as of 2026-Q1
MID
Flagship Pioneering was founded in 2000 by Noubar Afeyan. Operates a company-creation model — Flagship founds the companies, then incubates and capitalizes them. Founded Moderna in 2010.
Notable Partners
Noubar AfeyanLovisa AfzeliusAvak Kahvejian
Notable Portfolio
modernaseres-therapeuticsindigo-ag
Investment Focus
Stages
Seed · Series A · Series B
Sectors
Bio · Therapeutics · Synthetic Biology
VCBio SpecialistCompany-Creation
Investor data reflects publicly disclosed AUM, fund sizes, and portfolio holdings as of 2026-Q1. Refreshed periodically.