MRL Ventures Fund

MRL Ventures Fund

Cambridge, Massachusettsmrlv.com

Overview

MRL Ventures Fund (MRLV) is the therapeutics-focused corporate venture capital fund of Merck & Co., Inc. It invests globally in early-stage, preclinical therapeutics companies developing transformative medicines. The fund does not invest in medical devices, diagnostic platforms, or digital health.

Portfolio Companies

20

Website

mrlv.com

Investments

CompanyDateStageLead
Ray TherapeuticsApr 2026Series BCo-investor
PAQJan 2026Series B ExtensionCo-investor
Therini BioMay 2025Series A ExtensionCo-investor
PAQMay 2025Series BLead
ATB TherapeuticsNov 2024Series ALead

Sector & Stage Mix

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SeedSeries ASeries BGrowth

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Investment Activity

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersCambridge, Massachusetts
Year FoundedN/A

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