Life Sciences Investment Reaches Record-Breaking $1.24B in Illinois

iBIO, the life sciences industry association representing 85,000 life sciences employees at member companies, universities, service providers, and venture firms has released its inaugural Annual Venture Report.

Key Statistics

• $1.24B Total Investment
• 99 Companies Funded
• 93,402 Life Sciences Jobs
• 20x Growth Rate vs. State Average

Report Highlights

• Comprehensive analysis of 99 Illinois life sciences companies and their funding rounds
• Featured success stories including Vanqua Bio’s $45M Series B and Cour Pharmaceuticals’ $105M Series A
• Investment trends showing AI/Software Solutions dominating with 44% of total funding
• Infrastructure developments including 2M+ square feet of new lab space
• Strategic insights into Illinois’ emergence as a top-10 biopharma hub