# Adipo Therapeutics funding: rounds and investors

> Adipo Therapeutics has raised $4.7M across 1 round since 2024. Investors include Elevate Ventures. Every round with its source.

Source: https://millionrounds.com/company/adipo-therapeutics (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Adipo Therapeutics*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Funding summary Updated 26 Oct 2026

**$4.7M** raised across 1 round since 2024, from 1 source

- **Latest round:** Venture, $4.7M Dec 2024
- **Investors:** 1

See who backed them

## The rounds

- **Dec 2024** Venture **$4.7M** [Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-3) Source recorded SEC filing: $4.7M sold, first sale Nov 2024

## Founders and team

From Adipo Therapeutics's own website: 3 on the team.

- **Sumitra Ghate** Senior Vice President
- **Fred Driscoll** Independent Board Member
- **Scientific Advisor** Board Members

## Everyone who backed them

[Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-3) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=adipo-therapeutics).

## Also claim to have backed them

These 5 firms list Adipo Therapeutics 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.

[Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-2) Angel network Per its own site

[VisionTech Partners](https://millionrounds.com/fund/visiontech-partners-visiontech-angels) Angel network Per its own site

[Okeanos](https://millionrounds.com/fund/okeanos) VC firm Per its own site

[Purdue Ventures](https://millionrounds.com/fund/purdue-ventures) VC firm Per its own site

[Riverbend Capital](https://millionrounds.com/fund/riverbend-capital) VC firm Per its own site

## Quick answers about Adipo Therapeutics

### Who invested in Adipo Therapeutics?

Adipo Therapeutics's investors include Elevate Ventures.

### How much has Adipo Therapeutics raised?

Adipo Therapeutics has raised $4.7M across 1 round since 2024.

### When did Adipo Therapeutics last raise?

Adipo Therapeutics's most recent round was a Venture of $4.7M in Dec 2024.

### What was Adipo Therapeutics's biggest round?

Its most recent round, $4.7M in Dec 2024, is also its largest on record.

### Who backed Adipo Therapeutics first?

Adipo Therapeutics's first round on record, in Dec 2024, was backed by Elevate Ventures.

### What stage is Adipo Therapeutics at?

Adipo Therapeutics's latest named round is a Venture, in Dec 2024.

### Where is Adipo Therapeutics based?

Adipo Therapeutics is based in the United States.

## Companies like Adipo Therapeutics

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)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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