Who invested in Adona Medical

2 rounds we have observed, with the 3 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.

BiotechHealthcare

Funding summaryUpdated 26 Oct 2026

$36Mraised across 2 rounds since 2019, from 2 sources

$2.5MSeed$34MSeries C

Latest round: Series C, $34MJul 2024
Step-upi: 13.4×
Investors: 3

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.

20202021202220232024

$2.5MSeed$34MSeries C

First round: Seed, $2.5M
Biggest round: $34M
Between rounds: 4.6 years

The rounds

Jul 2024
Series C$34M2 new
- Correlation Ventures
- Cormorant Asset Management
Source recordedSEC filing: $13M sold, first sale Jun 2024
Dec 2019
Seed$2.5M1 new
- Shifamed accredited angels
Reported by FinSMEs

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.

Seed2019Series C2024

Correlation Ventures

Cormorant Asset ManagementShifamed accredited angels

Everyone who backed them

Correlation VenturesVC firm1round

Cormorant Asset ManagementPrivate equity1round

Shifamed accredited angelsno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Adona Medical 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.