Exit

Dark Matter Bio

Why Now, Why Dark Matter?

A venture-built thesis at the edge of bioscience, data, and longevity.

Why Now

The Timing Window

Four converging forces creating unprecedented opportunity

Why Now

The Global Aging Wave

A demographic shift creating a multi-trillion dollar opportunity

2B
people over 60 by 2050
United Nations
Demographics

A Defining Global Trend

The UN describes global aging as "a defining trend of our time" and a "major success story"

2.1B
People 60+ by 2050
The UN projects the global population aged 60+ will roughly double to 2.1 billion by 2050. [1]
1.6B
People 65+ by 2050
Population aged 65+ expected to reach around 1.6 billion, nearly double today's 857 million.
3x
Growth in 80+ Population
The "oldest old" (80+) will more than triple from 127M in 2015 to 447M by 2050.
1 in 4
Asians over 60 by 2050
In Asia, one in four people will be over 60, with some economies nearing 40% aged 65+.
Breakthroughs

Science at an Inflection Point

Validated genomic tools, mechanism-based geroscience, and AI-native R&D have transformed longevity into an investable category

CRISPR & Genetic Interventions

Evolved from basic gene editing to base editing, prime editing, and epigenome editing—enabling precise interventions in age-related pathways.

Senolytics

Drugs that selectively clear senescent "zombie" cells, implicated in chronic inflammation and age-related diseases.

AI-Driven Drug Discovery

Applied to multi-omics datasets and biomarker streams to identify aging signatures and enable biological-age-driven interventions.

Opportunity

The Longevity Economy

A multi-trillion dollar market underpinned by demographic certainty

25%
of Global Consumption
Seniors will account for one-quarter of global consumption by 2050, double their share in 1997.
$7T+
Longevity Economy
Healthcare, financial products, housing, caregiving, and consumer markets serving older adults.
77 years
Life Expectancy by 2050
Global life expectancy projected to reach 77 years by 2050, up from 73 years in 2023.

Join Us

Capture the $7T+ Longevity Economy

Demographic inevitability meets scientific readiness

01

Bioscience Explosion

Breakthroughs in genomics, epigenetics, proteomics, and other biosciences are enabling new ways to understand and treat disease.

02

Unprecedented Data

Newly discovered biomarkers, combined with real-time data collection, give us continuous, measurable signals about biological age, risk, and response.

03

Leaps in Demand

Consumers and institutions are demanding personalized, data-driven, future-forward health innovations, not one-size-fits-all care.

04

Entrepreneurial Talent

Repeat founders from software and infrastructure now want to apply their company-building craft to breakthroughs in health and longevity.

Why Dark Matter

Our Unfair Advantage

What sets us apart in the longevity investment landscape

01

Cutting Edge Access

Trusted networks at the intersection of Silicon Valley, bioscience research, inventors, and company builders.

02

Eye-Popping Track Record

Investing partners with a track record several standard deviations above venture in general, including biotech and health.

03

Profound Hustle

Deep domain experience paired with the entrepreneurial energy of a modern venture firm.

04

Genuine Passion & Networked Support

Geekery, alignment, and wide, deep relationships across the ecosystem give Dark Matter the right to win the most interesting opportunities.

Investing at the edge of what's knowable.

fund@darkmatter.bio

Why Dark Matter

Our Differentiation

Scientific depth, exclusive access, and tight focus on defensible longevity technologies

Competitive Advantages

Four Pillars of Differentiation

🧬

Deep Scientific Expertise

in longevity biology

  • Decades of experience across biology, data science, and company-building
  • Embedded in leading geroscience centers working to extend healthspan
  • Distinguish true mechanism-based therapies from superficial wellness products
  • Support portfolio companies with trial design, regulatory strategy, and biomarker selection
🔬

Proprietary Deal Flow

via Stanford & Cedars-Sinai partnerships

  • Early visibility into spin-outs, pilot projects, and translational teams
  • Access to key investigators and clinical trial infrastructure
  • Co-design company formation around validated science and IP
  • NIH-backed aging clinical trials and gerotherapeutics programs
🌐

Longevity Leader Network

Ben Greenfield, Bryan Johnson, Peter Attia

  • Platforms reaching millions of longevity-focused consumers and clinicians
  • Real-world testing grounds with highly engaged, data-rich users
  • Credible distribution, education, and awareness channels
  • Direct feedback from athletes, biohackers, and prevention-oriented patients
🛡️

IP-Protected, Scalable Solutions

Focus on defensible platforms

  • Novel therapeutics targeting fundamental aging pathways
  • Diagnostic, digital, and AI-driven tools for personalized interventions
  • Strong intellectual property moats and clear regulatory paths
  • Measurable impact on healthspan—clinically meaningful outcomes
The Team

Team-Enabled Advantages

Our differentiation is not theoretical—it's embedded in who we are

Partner With Us

A Team That Speaks Both Lab and Late-Stage Capital

Scientific depth meets investment discipline

Returns

Exit Potential

Two proven paths to liquidity for longevity investments

$2B+
Longevity IPOs in 2023
17.9%
Anti-aging Market CAGR
$5B+
Startup Funding in 2023
Exit Paths

Two Proven Routes to Liquidity

IPOs and strategic M&A remain durable outcomes in biotech

📈

IPOs in Public Markets

Biotech IPOs remain a core liquidity event, especially for companies with differentiated clinical data in age-related disease.

Quality Over Quantity
The post-2021 correction led to a disciplined IPO market focused on clinical-stage, de-risked assets.
100% Clinical-Stage
By 2023, all US biotech IPOs had clinical-stage assets, with roughly one-third at Phase III.
Mainstream Theme
Longevity-focused biotechs raised over $2 billion via IPOs in 2023 alone, signaling aging biology as investable.
Data-Driven Stories
Investors reward platforms that pair bold aging biology with credible, near-term milestones.
🏢

Acquisitions by Big Pharma

Large pharma companies facing patent cliffs are increasingly acquiring longevity-adjacent assets to sustain growth.

Massive Market Growth
Global anti-aging therapeutics projected to grow from $5.7B (2024) to $34.6B by 2035.
M&A as Core Return Driver
Institutional investors expect continued M&A as pharma uses acquisitions to access innovative platforms.
Strategic Fit
Longevity mechanisms intersect with existing pharma markets—cardiometabolic, oncology, ophthalmology.
VC Capital Precursor
Longevity VC funds raised over $3B in 2023, seeding future acquisition targets.
Market Opportunity

Anti-Aging Therapeutics Market

$5.7B
2024
17.9% CAGR
$34.6B
2035

2024–2035

Deal Model

Example Deal Structure

Pharma–Senolytics Acquisition Model

Rationale
  • Large pharma seeking next-generation assets that modify fundamental aging biology
  • Senolytics address shared mechanisms across multiple age-related diseases
  • One asset with potential across several multi-billion-dollar indications
Terms
Target
Clinical-stage senolytics company
Buyer
Top-10 global pharma
Upfront
$500M–$1B cash
Biobucks
$2B–$4B milestones

Returns

Two proven paths. Multiple ways to win.

Liquidity is built into the category: public markets and strategic M&A.

Fund Strategy

Portfolio Construction

A systematic strategy for diversification, reserves, and concentration in winners

$100M
Fund Size
10 yrs
Fund Term
25
Target Investments
Economics

LP–GP Alignment

Institutional terms, aligned incentives

Fund Economics

2%
Management Fee
Annual on committed capital
20-25%
Carried Interest
Performance fee, back-ended
Meaningful
GP Commitment
Personal capital alongside LPs
Capital Deployment

Stage Allocation

Mix of entry pricing + validation + reserves

Allocation Framework

50%
30%
20%
50%
Seed
Lead or co-lead in technical and scientific founding teams
Core longevity biology, platform technologies, enabling tools
30%
Series A/B
Scale capital into companies showing human data and traction
Clinical validation, strategic partnerships, commercial progress
20%
Follow-ons
Systematic double-down into top decile outcomes
Concentrated capital behind proven winners
Geography

Geographic Focus

Concentrated where exits and talent density are strongest

70/30 Split

70%
U.S. / Europe
Best-in-class research hubs with deep biotech talent and established exit markets
30%
Rest of World
Opportunistic positions in Israel, Asia, and emerging innovation clusters
Investment Approach

Check Sizes & Ownership

Lead ownership at entry, reserves for true outliers

Entry + Reserves

$2.75M–$3.0M
Initial Check
Per company at entry
10–15%+
Target Ownership
At seed entry
$5M–$10M
Winner Reserves
Per breakout company
Capital Concentration

Follow-On Strategy

Reserve rules concentrate capital behind the highest conviction

Tiered Reserves

Top 3-5
Companies
$5M–$10M+
Lead or participate meaningfully in multiple subsequent rounds
High-single to low-double digit ownership into late stages
Next 8-10
Companies
$3M–$5M
Support through key de-risking milestones
First-in-human data, partnerships, reimbursement validation
Remaining
Companies
Pro-rata only
Capital not trapped in low-conviction situations
Preserve dry powder for true outliers
LP Value

How This Serves LPs

Diversification with a written concentration framework

LP Benefits

01
Balanced Diversification
~25 core positions across the longevity stack with meaningful concentration in winners
02
Stage Mix Advantage
Seed taps early entry pricing; A/B compounds into validated companies
03
Systematic Framework
Written reserve rules avoid emotional decisions, focusing on highest risk-adjusted MOIC

Institutional Grade

Venture returns from the longevity ecosystem

Category-defining companies through critical inflection points