Astellas Venture Capital LLC is a venture capital arm of Astellas Pharma, Inc. specializing in seed stage and early stage investments. The firm also considers participating in expansion stage investments. It prefers to invest in biotech companies developing new pharmaceutical seeds or constructing a new drug discovery platform. The firm focuses on research and development of therapeutics. Within in therapeutics, it seeks to invest in urology, inflammation or immunology (transplant), diabetes, infectious, cardiovascular, GI, and central nervous system. The firm prefers to be a co-investor and seeks to be a lead investor in United States and Europe. The investment range in subsequent rounds is between $5 million and $10 million. The firm was formerly known as Astellas Venture Capital LLC from April 1, 2005 to September 21, 2005. Astellas Venture Management LLC was founded on November 17, 2000 and is based in Menlo Park, California.