Bay City Capital is a San Rafael, California-based venture capital firm focused on life sciences investing across biopharmaceuticals, drug discovery, medical devices, diagnostics, healthcare IT, nutrition and agribusiness. Founded in 1997, the firm manages five venture capital funds with $1.3 billion in capital commitments, invests from seed stage through public companies, and has participated in later-stage venture rounds. It invests across the United States, Europe, China and globally, and has acted as a lead or co-lead investor.