Who Avego is
Avego runs Avego Healthcare Capital for growth investments, Avego BioScience Capital for mid to late-stage biotech rounds, and Velan Capital for public healthcare stocks. It says it invests its own capital.1,3
Deals this month
| Company | Round | Amount | Role | Announced |
|---|---|---|---|---|
| Opentrons | Series E | $40M | Lead investor | October 29, 20263 |
Robotics bet this month
Avego led Opentrons' $40 million Series E on October 29, 2026, with BroadOak Capital Partners also investing. Managing partner James Flexner said every AI-driven discovery still has to be tested in a real lab.3,2
The bet is that labs using AI to design experiments will standardize on low-cost, open robots to run them. Opentrons has more than 11,000 robots deployed, though the valuation of the round was not published.3