positiveSYS.SOURCE: TechCrunch• 2026-07-12T00:16:06Z

Reed Jobs Focuses on Oncology Venture Yosemite Over Family Legacy

#oncology #biotechventurecapital #aiindrugdiscovery #philanthropyinresearch #startupfunding

Reed Jobs' venture firm Yosemite focuses on creating biotech companies from academic research to advance oncology, leveraging AI and philanthropy. The firm emphasizes building novel therapies and has seen increased activity with a $350M second fund targeting cancer cures.

When we last sat down with Jobs at TechCrunch Disrupt nearly three years ago, his firm Yosemite was brand new and biotech was still reeling from its post-pandemic crash. Now, the venture outfit has a team of 17; a cluster of blockbuster drugs are all losing patent protection in roughly the same window, creating all kinds of new opportunities; and AI has gone from a curiosity to, in Jobs's words, a huge part of what Yosemite does. "I didn't expect Yosemite to be moving this fast," he said.

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