Investment · Venture formation

Where the infrastructure is missing, we build it.

6 companies formed in 20262 themesNext: an AI-native venture studio

01

What we have built

Six companies in two themes, formed in 2026 from our proprietary research, data and AI tools.

Themes and companies

Building for the AI era of Health & Medicine.

Whatever form medical superintelligence takes, it will run on two things that are scarce today: biomedical data that is consented, harmonised and connected, and decision intelligence where information is unevenly held. We build both, across sectors and therapeutic areas.

See the portfolio →
Theme 01 · The infrastructure play

Biomedical data infrastructure

Consented, harmonised and connected biomedical data, and the applications built on it, from R&D to care.

CompaniesCommons Bio · NOVA Neuro · Physis

Theme 02 · Where information is uneven

AI-enabled decision intelligence

Markets where information is unevenly held and legacy players still set the terms, from regulation and IP to capital and expertise.

CompaniesALTs Law · ALTs X · Raphael

ALTs Law logo

ALTs Law

Analytics & Decision Intelligence

ALTs Law is a legal AI company combining proprietary data and decision intelligence tools with a global network of senior specialists. It helps pharma and biotech companies proactively manage governance, regulatory, compliance, legal and IP matters, reducing cost and exposure to complex global risks.

Formed 2026Website ↗LinkedIn ↗

Commons Bio logo

Commons Bio

Data and R&D Infrastructure

Commons Bio is building an AI-native, pharma-neutral patient data and insights platform for precision medicine, combining purpose-built curation and harmonisation technology with a global network of data partners.

Formed 2026Website ↗LinkedIn ↗

NOVA Neuro logo

NOVA Neuro

Healthtech Software & Digital

NOVA Neuro is building a translational neurotechnology platform combining neuro data and intelligence tools with a federated clinical and research network. It will help neuroscience companies run trials and generate the evidence regulators and payers need, cutting the time, cost and risk of reaching patients.

Formed 2026Website ↗LinkedIn ↗

ALTs X

Analytics & Decision Intelligence

ALTs X is an agentic company-building platform for life sciences ventures. It combines specialist AI agents with the tools and services ALTs is building and a network of senior specialists, to run the work between the science and the market: validation, IP, regulatory, scale-up and fundraising.

Formed 2026

Physis

Data and R&D Infrastructure · Healthcare Delivery

Physis is a clinician-led preemptive medicine company combining an evidence-tiered multi-omic programme and a governed, longitudinal health record with a named physician who follows each member year after year.

Formed 2026

Raphael

Analytics & Decision Intelligence

Raphael is an AI-powered expert network for healthcare and life sciences, matching companies with a hand-picked community of senior clinicians, regulatory experts, operators and investors. It helps innovators find the expertise, advisers and board members they need, cutting the time, cost and risk of building in a regulated market.

Formed 2026Website ↗

02

What we are building next

A fully fledged AI-native venture studio.

In preparation

Our tools, behind every company we form.

Our first companies came from our research, and their AI tools now serve pharma and healthcare. The studio we are preparing puts those tools, and the people around them, behind every company it forms.

The benefit

A specialist bench from formation

Each company starts with specialist capability it could not otherwise afford before revenue, and the studio is no longer limited by how many people it can hire.

The proof

Built for outside customers

The tools are products in their own right, built for pharma and healthcare. Every studio company will use the same ones.

The guardrail

People make the calls

The tools draft, search and monitor, and keep a record of the work. Specialists review it and founders decide. Nothing reaches a regulator, an investor or a customer without a person signing it off.

Where we are

The tools are in use or in pilot in our first companies. The studio itself is in preparation.

How it works

From map to company.

We do not start from an idea. Every company starts from a territory mapped in Aleph and a gap in its infrastructure, and passes a gate before it moves on.

  1. 01

    Map

    We cover a territory completely in Aleph: assets, evidence, precedent and people.

    GateMissing infrastructure, clearly mapped
  2. 02

    Form

    We incorporate the company, recruit the founders and operators who will run it, and give it the studio’s tools.

    GateA founding team and a design partner
  3. 03

    Pre-seed

    We fund the first 14 to 18 months, alongside other investors.

    GatePaid pilots and a working product
  4. 04

    Seed

    An outside investor leads the round and sets the price.

    GateProduct-market fit, on the record
  5. 05

    Scale

    Outside investors lead from here. We stay on as shareholder and adviser.

    GateA record outside investors will back
Why an outside lead at seed

So that we never set the price of a company we formed.

Empowerment and de-risking strategy

You lead. We surround you with people, data and tools.

Founders run their companies from day one. Our job is to take risk out of the early years: an ecosystem of people who have built companies before, and access to proprietary data and AI tools a new company could not otherwise afford.

AI-native venture studio · how it connects

Your company at the centre, connected from day one to the people, capital, data and tools it needs.
People and operators

An ecosystem to support you

  • Operators who have built and scaled companies
  • Technology leadership until a CTO joins
  • Senior specialists in law, regulation and science
  • KOLs and clinicians in your field
  • Design partners and introductions to first customers
  • Board candidates, and introductions for the seed round
Data and tools

Access to proprietary data and innovative tools

  • The territory map and thesis behind your company
  • AI tools for legal, IP, regulatory and compliance work
  • Market, capital and investor intelligence
  • An AI expert built on our network of senior specialists
  • Harmonised biomedical data where the work needs it
What stays yours

Vision, product, customers, hiring, strategy and the board agenda, and investor relationships from seed.

Handover

A typical sequence. Timing varies by company.

  1. Formation

    We set up legal, technology and the operating model

  2. First pilot

    A working product with a design partner

  3. Team in place

    A CTO and core team hired; we step back

  4. First revenue

    Finance handed over

  5. Seed

    A board seat and advice

  6. Series A

    Fully independent

Work with us

Building in biomedical data or decision intelligence?

We work with founders, scientists, operators and design partners. Tell us what you are working on.

contact@alts.ventures