# Median Series A round in Biotech (2026) > The median Series A round in Biotech is $32M, from 67 rounds announced in the last 12 months. Half raised between $17M and $59M. Source: https://millionrounds.com/benchmarks/series-a/biotech (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical Series A round in *Biotech* From 67 Series A rounds announced in Biotech over the last twelve months, each read from a named source. Half of them raised between $17M and $59M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Series A Biotech Median round **$32M** $7.6M 1 in 10 below $17M – $59M middle half $107M 1 in 10 above 67 rounds counted · recounted nightly Rounds counted **67** Series A rounds in Biotech, last 12 months Against worldwide **+60%** vs the $20M worldwide median Since last round **22 mo** median gap, from 14 companies we saw raise before Lead named **78%** of these rounds name the investor who led The trend ## Median Series A round, quarter by quarter From $12M in 2024 Q4 to $32M in 2026 Q3. Quarters with fewer than five rounds are left blank. $12M '24 Q4 8 rds $16M '25 Q1 12 rds $33M '25 Q2 10 rds $45M '25 Q3 8 rds $29M '25 Q4 15 rds $25M '26 Q1 9 rds $35M '26 Q2 23 rds $32M '26 Q3 12 rds Who leads ## The most active leads The firms that led the most Series A rounds in Biotech this year. - [1 **Sofinnova Partners** 2 led](https://millionrounds.com/fund/sofinnova-partners) - [2 **Omega Funds** 2 led](https://millionrounds.com/fund/omega-funds) - [3 **Highland Europe** 2 led](https://millionrounds.com/fund/highland-europe) - [4 **Andera Partners** 2 led](https://millionrounds.com/fund/andera-partners) - [5 **Frazier Life Sciences** 2 led](https://millionrounds.com/fund/frazier-life-sciences) - [6 **New Rhein** 2 led](https://millionrounds.com/fund/new-rhein-healthcare-investors) Recent examples ## Series A rounds in Biotech, latest first - [**BioGeometry** 28 Oct 2026 · China Life Capital $100M +213%](https://millionrounds.com/company/biogeometry) - [**Kinish** 23 Oct 2026 · Not named $3.1M -90%](https://millionrounds.com/company/kinish) - [**Kinish** 21 Oct 2026 · Not named $31M -3%](https://millionrounds.com/company/kinish) - [**HydRegen** 20 Oct 2026 · Genoa Ventures $8.0M -75%](https://millionrounds.com/company/hydregen) - [**Healthleap** 7 Oct 2026 · Sequoia Capital $38M +19%](https://millionrounds.com/company/healthleap) - [**Sensible Biotechnologies** 7 Oct 2026 · Oxford Science Enterprises $47M +47%](https://millionrounds.com/company/sensible-biotechnologies) - [**Kasvu Therapeutics** 24 Sept 2026 · Hadean Ventures $34M +7%](https://millionrounds.com/company/kasvu-therapeutics) - [**Altis Labs** 21 Sept 2026 · OrbiMed $25M -22%](https://millionrounds.com/company/altis-labs) **How to read these figures** They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. [How we read rounds](https://millionrounds.com/methodology). Other stages in Biotech [**Seed** $7.3M](https://millionrounds.com/benchmarks/seed/biotech)[**Series B** $63M](https://millionrounds.com/benchmarks/series-b/biotech) Series A elsewhere [**AI** $21M](https://millionrounds.com/benchmarks/series-a/ai)[**United States** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Fintech** $16M](https://millionrounds.com/benchmarks/series-a/fintech)[**Healthcare** $20M](https://millionrounds.com/benchmarks/series-a/healthcare)[**United Kingdom** $14M](https://millionrounds.com/benchmarks/series-a/united-kingdom)[**Robotics** $28M](https://millionrounds.com/benchmarks/series-a/robotics)[**Construction** $23M](https://millionrounds.com/benchmarks/series-a/construction)[**Cybersecurity** $25M](https://millionrounds.com/benchmarks/series-a/cybersecurity)[**Big Data & Analytics** $21M](https://millionrounds.com/benchmarks/series-a/big-data)[**Software** $18M](https://millionrounds.com/benchmarks/series-a/software)[**Energy** $26M](https://millionrounds.com/benchmarks/series-a/energy)[**Manufacturing** $19M](https://millionrounds.com/benchmarks/series-a/manufacturing)[**Enterprise Software** $21M](https://millionrounds.com/benchmarks/series-a/enterprise-software)[**India** $10M](https://millionrounds.com/benchmarks/series-a/india)[**Logistics** $13M](https://millionrounds.com/benchmarks/series-a/logistics)[**Defence Tech** $25M](https://millionrounds.com/benchmarks/series-a/defensetech)[**Hardware & Electronics** $25M](https://millionrounds.com/benchmarks/series-a/hardware)[**Financial Services** $20M](https://millionrounds.com/benchmarks/series-a/financial-services)[**Climate Tech** $15M](https://millionrounds.com/benchmarks/series-a/climate)[**Australia** $15M](https://millionrounds.com/benchmarks/series-a/australia)[**Healthtech** $13M](https://millionrounds.com/benchmarks/series-a/healthtech)[**SaaS** $17M](https://millionrounds.com/benchmarks/series-a/saas) ## Raising a Series A round? See who leads rounds like yours, and check your raise before you pitch. [Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database) ## Q&A How big is a typical Series A round in Biotech? The median is $32M, from 67 Series A rounds announced in Biotech in the last twelve months. Half of them raised between $17M and $59M; one in ten raised more than $107M. Which rounds are counted? Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it. Are these figures biased? Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed. How often does it change? The figures are recounted from the record every night, as new rounds are read.