# Airway Therapeutics funding: rounds and investors

> Airway Therapeutics has raised $29M across 5 rounds since 2011. Investors include CincyTech, Queen City Angels and National Institutes of Health.

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

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

# Who invested in *Airway Therapeutics*

5 rounds we have observed, with the 5 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

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$29M** raised across 5 rounds since 2011, from 5 sources

**$500K** Seed **$4.6M** Series A **$6.3M** Bridge **$16M** Series C **$1.9M** Grant

- **Latest round:** Grant, $1.9M Sept 2026
- **Biggest round:** $16M Series C · Dec 2019
- **Investors:** 5

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.

2011 2013 2015 2017 2019 2021 2023 2025

**$500K** Seed

**$4.6M** Series A

**$6.3M** Bridge

**$16M** Series C

**$1.9M** Grant

- **First round:** Seed, $500K
- **Biggest round:** $16M
- **Usual gap between rounds:** 3.3 years

## The rounds

- **Sept 2026** Grant **$1.9M** *1 new* *1 returning* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [CincyTech](https://millionrounds.com/fund/cincytech) Source recorded SEC filing: $43M sold
- **Dec 2019** Series C **$16M** *1 returning* [CincyTech](https://millionrounds.com/fund/cincytech) Source recorded
- **Mar 2017** Bridge **$6.3M** *1 new* *2 returning* [CincyTech](https://millionrounds.com/fund/cincytech) [Queen City Angels](https://millionrounds.com/fund/queen-city-angels) Cincinnati Children’s Hospital Medical Center Reported by FinSMEs
- **Sept 2014** Series A **$4.6M** *3 new* [CincyTech](https://millionrounds.com/fund/cincytech) [Queen City Angels](https://millionrounds.com/fund/queen-city-angels) [Cincinnati Children's Hospital Medical Center](https://millionrounds.com/fund/cincinnati-children-s-hospital-medical-center) From a historical funding record
- **Jun 2011** Seed **$500K** No investor was named in the report. Reported by fis.dowjones.com

## 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** 2011 **Series A** 2014 **Bridge** 2017 **Series C** 2019 **Grant** 2026 [CincyTech](https://millionrounds.com/fund/cincytech) [Queen City Angels](https://millionrounds.com/fund/queen-city-angels) [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Cincinnati Children's Hospital Medical Center](https://millionrounds.com/fund/cincinnati-children-s-hospital-medical-center) Cincinnati Children’s Hospital Medical Center

## Everyone who backed them

[CincyTech](https://millionrounds.com/fund/cincytech) VC firm **4** rounds

[Queen City Angels](https://millionrounds.com/fund/queen-city-angels) Angel network **2** rounds

[National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **1** round

[Cincinnati Children's Hospital Medical Center](https://millionrounds.com/fund/cincinnati-children-s-hospital-medical-center) Investment firm **1** round

Cincinnati Children’s Hospital Medical Center no record of our own yet **1** round

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

## Also claim to have backed them

This firm lists Airway Therapeutics as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Queen City Angels First Funds](https://millionrounds.com/fund/queen-city-angels-first-funds) VC firm Per its own site

## Quick answers about Airway Therapeutics

### Who invested in Airway Therapeutics?

Airway Therapeutics's investors include CincyTech, Queen City Angels, National Institutes of Health, Cincinnati Children's Hospital Medical Center and Cincinnati Children’s Hospital Medical Center.

### How much has Airway Therapeutics raised?

Airway Therapeutics has raised $29M across 5 rounds since 2011.

### When did Airway Therapeutics last raise?

Airway Therapeutics's most recent round was a Grant of $1.9M in Sept 2026.

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

Airway Therapeutics's largest round on record is $16M (Series C), in Dec 2019.

### Who backed Airway Therapeutics first?

Airway Therapeutics's first round on record, in Sept 2014, was backed by CincyTech, Queen City Angels and Cincinnati Children's Hospital Medical Center.

### What stage is Airway Therapeutics at?

Airway Therapeutics's latest named round is a Grant, in Sept 2026.

### Where is Airway Therapeutics based?

Airway Therapeutics is based in the United States.

## Companies like Airway 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)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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