# ADCendo funding: rounds and investors > ADCendo has raised $210M across 2 rounds since 2024. Investors include OrbiMed, RA Capital Management and TPG. Every round with its source. Source: https://millionrounds.com/company/adcendo (Millionrounds; every figure on the page links to its filing or article) Denmark · [Series C startup](https://millionrounds.com/companies) # Who invested in *ADCendo* 2 rounds we have observed, with the 10 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. Biotech Healthcare Pharma Raised 7 months ago Follow ADCendo and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fadcendo) Funding summary Updated 5 Nov 2026 **$210M** raised across 2 rounds since 2024, from 2 sources **$135M** Series B **$75M** Series C - **Latest round:** Series C, $75M Apr 2026 - **Led by:** Jeito Capital - **Biggest round:** $135M Series B · Nov 2024 - **Investors:** 10 (1 led) 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. 2025 2026 **$135M** Series B **$75M** Series C - **First round:** Series B, $135M - **Biggest round:** $135M - **Between rounds:** 17 months ## The rounds - **Apr 2026** Series C **$75M** *4 new* *6 returning* [Jeito Capital](https://millionrounds.com/fund/jeito-capital) Lead [Bpifrance](https://millionrounds.com/fund/bpifrance) [OrbiMed](https://millionrounds.com/fund/orbimed) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [TPG](https://millionrounds.com/fund/tpg) [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [TCG](https://millionrounds.com/fund/tcg) [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) [EIFO (Denmark)](https://millionrounds.com/fund/eifo) [Vida Ventures](https://millionrounds.com/fund/vida-ventures) Reported by Ventureburn - **Nov 2024** Series B **$135M** *6 new* [OrbiMed](https://millionrounds.com/fund/orbimed) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [TPG](https://millionrounds.com/fund/tpg) [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [TCG](https://millionrounds.com/fund/tcg) [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) Source recorded ## 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. **Series B** 2024 **Series C** 2026 [OrbiMed](https://millionrounds.com/fund/orbimed) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [TPG](https://millionrounds.com/fund/tpg) [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [TCG](https://millionrounds.com/fund/tcg) [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) [Jeito Capital](https://millionrounds.com/fund/jeito-capital) L [Bpifrance](https://millionrounds.com/fund/bpifrance) [EIFO (Denmark)](https://millionrounds.com/fund/eifo) [Vida Ventures](https://millionrounds.com/fund/vida-ventures) ## Everyone who backed them [OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **2** rounds [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **2** rounds [TPG](https://millionrounds.com/fund/tpg) Private equity **2** rounds [Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **2** rounds [TCG](https://millionrounds.com/fund/tcg) Private equity **2** rounds [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) VC firm **2** rounds [Jeito Capital](https://millionrounds.com/fund/jeito-capital) VC firm **1** round, led 1 [Bpifrance](https://millionrounds.com/fund/bpifrance) Government **1** round [EIFO (Denmark)](https://millionrounds.com/fund/eifo) Government **1** round [Vida Ventures](https://millionrounds.com/fund/vida-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=adcendo). ## Also claim to have backed them These 2 firms list ADCendo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [HealthCap](https://millionrounds.com/fund/healthcap) VC firm Per its own site [Vida Ventures](https://millionrounds.com/fund/vida-ventures-llc) VC firm Per its own site ## Quick answers about ADCendo ### Who invested in ADCendo? ADCendo's investors include OrbiMed, RA Capital Management, TPG, Novo Holdings and TCG, and 5 more on record. Jeito Capital led its latest round. ### How much has ADCendo raised? ADCendo has raised $210M across 2 rounds since 2024. ### When did ADCendo last raise? ADCendo's most recent round was a Series C of $75M in Apr 2026, led by Jeito Capital. ### What was ADCendo's biggest round? ADCendo's largest round on record is $135M (Series B), in Nov 2024. ### Who backed ADCendo first? ADCendo's first round on record, in Nov 2024, was backed by OrbiMed, RA Capital Management and TPG and 3 others. ### What stage is ADCendo at? ADCendo's latest named round is a Series C, in Apr 2026. ### Where is ADCendo based? ADCendo is based in Denmark. ### Who led ADCendo's rounds? Jeito Capital led the Series C in 2026. ## Companies like ADCendo In the same sector, and raised in the last eighteen months. [**Biograil** $33M · Nov 2026](https://millionrounds.com/company/biograil)[**Sylvia Health** $646K · Sept 2026](https://millionrounds.com/company/sylvia-health)[**EpiMass** $646K · Sept 2026](https://millionrounds.com/company/epimass)[**Orbis Medicines** $187M · Sept 2026](https://millionrounds.com/company/orbis-medicines)[**Zealand Pharma** $100M · Aug 2026](https://millionrounds.com/company/zealand-pharma)[**Curasight A/S** $3.1M · Jun 2026](https://millionrounds.com/company/curasight-a-s) ## 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