Biotechs on the level that YC would fund don't have much incentive to ask for this money. The government has this one covered with the SBIR grants, which come

Biotechs on the level that YC would fund don't have much incentive to ask for this money. The government has this one covered with the SBIR grants, which come with very few strings attached. While these are clearly not perfect, they don't leave too much room for low level investment.