# Akonni Biosystems funding: rounds and investors > Akonni Biosystems has raised $45M across 11 rounds since 2009. Investors include National Institutes of Health and Maryland Venture Fund. Source: https://millionrounds.com/company/akonni-biosystems (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Akonni Biosystems* 11 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. Biotech Healthcare Follow Akonni Biosystems and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fakonni-biosystems) Funding summary Updated 15 Nov 2026 **$45M** raised across 11 rounds since 2009, from 11 sources **$25M** Series C - **Latest round:** Round, $4.0M May 2017 - **Biggest round:** $25M Series C · Aug 2012 - **Step-up i:** 10.8× - **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. 2011 2013 2015 2017 **$3.2M** Grant **$5.0M** Debt **$3.0M** Grant **$913K** Venture **$2.1M** Venture **$25M** Series C **$369K** Venture **$4.0M** Round - **First round:** Grant, $3.2M - **Biggest round:** $25M - **Usual gap between rounds:** 4 months ## The rounds - **May 2017** Round **$4.0M** No investor was named in the report. Reported by FinSMEs SEC filing: $4.0M sold, first sale Mar 2017 - **Apr 2015** Venture **$369K** No investor was named in the report. From a historical funding record SEC filing: $369K sold, first sale Apr 2015 - **Oct 2012** Grant **$280K** *1 returning* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) From a historical funding record - **Aug 2012** Series C **$25M** *1 new* [Maryland Venture Fund](https://millionrounds.com/fund/maryland-venture-fund) From a historical funding record SEC filing: $2.1M sold, first sale Jan 2012 - **May 2012** Venture **$2.1M** No investor was named in the report. Reported by sec.gov SEC filing: $2.1M sold, first sale Jan 2012 - **Apr 2011** Grant **$300K** *1 returning* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) From a historical funding record SEC filing: $913K sold, first sale Dec 2010 - **Dec 2010** Venture **$913K** No investor was named in the report. From a historical funding record SEC filing: $913K sold, first sale Dec 2010 - **Sept 2010** Grant **$3.0M** *1 returning* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) From a historical funding record SEC filing: $913K sold, first sale Dec 2010 - **Jul 2010** Grant **$435K** *1 returning* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) From a historical funding record - **Mar 2010** Debt **$5.0M** No investor was named in the report. Reported by sec.gov SEC filing: $5.0M sold, first sale Feb 2009 - **Dec 2009** Grant **$3.2M** *1 new* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Reported by finsmes.com SEC filing: $5.0M sold, first sale Feb 2009 ## Funding filed with regulators Akonni Biosystems filed 11 raises, $29M in all. Filings say how much was sold and to how many investors; they never name the investors. - Jun 2019 **$1.8M** 21 investors debt, options of $4.6M offered SEC Form D - Aug 2018 **$1.1M** 16 investors debt, securities on exercise of $7.0M offered SEC Form D - Feb 2018 **$7.5M** 1 investor equity SEC Form D - Jan 2018 **$2.4M** 26 investors equity, securities on exercise SEC Form D - Aug 2017 **$2.3M** 18 investors equity, securities on exercise SEC Form D - Mar 2017 **$4.0M** 33 investors debt, securities on exercise of $6.0M offered SEC Form D - Apr 2016 **$1.3M** 4 investors debt, options, securities on exercise of $5.0M offered SEC Form D - Apr 2015 **$619K** 7 investors equity of $3.0M offered SEC Form D - Jan 2012 **$2.1M** 3 investors equity of $20M offered SEC Form D - Dec 2010 **$913K** 9 investors equity of $8.0M offered SEC Form D - Feb 2009 **$5.0M** 43 investors debt, securities on exercise of $6.3M offered SEC Form D ## Founders and team From the SEC filings it signed: 4 on the team. - **Charles Daitch** Executive Officer, Director i - **Darrell Chandler** Executive Officer i - **Jon Davis** Executive Officer i - **Lawrence Firestone** Executive Officer i On the board, as filed i *Chuck Parrish* *David Keys* *Dr. Myun Han* *Dr. Myun Han* *Mary Pittman* *Michael Farmer* *Thomas Higgins* *Tom McMahon* ## 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. **Grant** 2010 **Venture** 2010 **Grant** 2011 **Venture** 2012 **Series C** 2012 **Grant** 2012 **Venture** 2015 **Round** 2017 [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Maryland Venture Fund](https://millionrounds.com/fund/maryland-venture-fund) ## Everyone who backed them [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **5** rounds [Maryland Venture Fund](https://millionrounds.com/fund/maryland-venture-fund) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=akonni-biosystems). ## Quick answers about Akonni Biosystems ### Who invested in Akonni Biosystems? Akonni Biosystems's investors include National Institutes of Health and Maryland Venture Fund. ### How much has Akonni Biosystems raised? Akonni Biosystems has raised $45M across 11 rounds since 2009. ### When did Akonni Biosystems last raise? Akonni Biosystems's most recent round was an Undisclosed round of $4.0M in May 2017. ### What was Akonni Biosystems's biggest round? Akonni Biosystems's largest round on record is $25M (Series C), in Aug 2012. ### Who backed Akonni Biosystems first? Akonni Biosystems's first round on record, in Dec 2009, was backed by National Institutes of Health. ### What stage is Akonni Biosystems at? Akonni Biosystems's latest named round is an Undisclosed round, in May 2017. ### Where is Akonni Biosystems based? Akonni Biosystems is based in the United States. ## Companies like Akonni Biosystems In the same sector, and raised in the last eighteen months. 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