# Adagio Medical funding: rounds and investors > Adagio Medical has raised $26M across 3 rounds since 2013. Investors include RA Capital Management and Perceptive Advisors. Every round with its source. Source: https://millionrounds.com/company/adagio-medical (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Adagio Medical* 3 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Healthcare Funding summary Updated 26 Oct 2026 **$26M** raised across 3 rounds since 2013, from 3 sources **$2.5M** Seed **$4.1M** Venture **$19M** Round - **Latest round:** Round, $19M Oct 2025 - **Step-up i:** 4.6× - **Investors:** 2 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2013 2015 2017 2019 2021 2023 2025 **$2.5M** Seed **$4.1M** Venture **$19M** Round - **First round:** Seed, $2.5M - **Biggest round:** $19M - **Usual gap between rounds:** 11.1 years ## The rounds - **Oct 2025** Round **$19M** *2 new* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Source recorded SEC filing: $19M sold, first sale Oct 2025 - **Aug 2014** Venture **$4.1M** No investor was named in the report. From a historical funding record SEC filing: $4.1M sold, first sale Jul 2014 - **Mar 2013** Seed **$2.5M** No investor was named in the report. Reported by sec.gov SEC filing: $2.5M sold, first sale Mar 2013 ## Founders and team From the SEC filings it signed: 2 on the team. - **Andrew Wade** Executive Officer i - **Olav Bergheim** Executive Officer, Director i On the board, as filed i *James Cox* *Michael Zhao* *Tuan Huynh* *Zach Scheiner* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2013 **Venture** 2014 **Round** 2025 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) ## Everyone who backed them [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **1** round [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=adagio-medical). ## Quick answers about Adagio Medical ### Who invested in Adagio Medical? Adagio Medical's investors include RA Capital Management and Perceptive Advisors. ### How much has Adagio Medical raised? Adagio Medical has raised $26M across 3 rounds since 2013. ### When did Adagio Medical last raise? Adagio Medical's most recent round was an Undisclosed round of $19M in Oct 2025. ### What was Adagio Medical's biggest round? Its most recent round, $19M in Oct 2025, is also its largest on record. ### Who backed Adagio Medical first? Adagio Medical's first round on record, in Oct 2025, was backed by RA Capital Management and Perceptive Advisors. ### What stage is Adagio Medical at? Adagio Medical's latest named round is an Undisclosed round, in Oct 2025. ### Where is Adagio Medical based? Adagio Medical is based in the United States. ## Companies like Adagio Medical In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app