The Production Board (TPB) is a San Francisco-based venture foundry and venture capital firm founded by Dave Friedberg that builds and invests in technology-driven businesses across life sciences, food and agriculture, and software. The firm builds businesses from scratch based on emerging scientific discoveries and invests from seed through growth stages.
40% of their portfolio is in Biotech & Life Sciences. Their most common stage is series-a (40% of deals). Average disclosed round size is $30.4M (across 8 rounds with reported amounts).
Portfolio
9
Fund Size
$300M
Top Stage
Series A
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 EarthOptics | Unknown | — | Nov 2024 |
 PinkDx | Series A | $40M | Jan 2024 |
 Pattern Ag | Series B | $35M | Jan 2022 |
 Stenon | Series A | $20M | Dec 2021 |
 Culture Biosciences | Series B | $80M | Oct 2021 |
| Culture Biosciences | Series A | — | Mar 2020 |
| TTillable | Series A | $8.3M | Feb 2019 |
 Triplebar | Unknown | $20M | — |
| TTriplebar Bio | Unknown | $20M | — |
 Triplebar | Unknown | $20M | — |
Top Co-Investors
iSelect Fund5 shared
Synthesis Capital4 shared
Essential Capital3 shared
Stray Dog Capital3 shared
Founders Fund2 shared
S322 shared
Cultivian Sandbox Ventures2 shared
Y Combinator2 shared
E14 Fund2 shared
Cherry Ventures1 shared
Oyster Bay Venture Capital1 shared
Atlantic Labs1 shared
Sandbox Industries1 shared
Mayo Clinic1 shared
Catalio Capital Management1 shared
Breyer Capital1 shared
Mayo Clinic Ventures1 shared
Mountain Group Partners1 shared
Verily1 shared
Northpond Ventures1 shared
Last updated: 7 October 2026