# Alchemab Therapeutics funding: rounds and investors

> Alchemab Therapeutics has raised $85M across 3 rounds since 2021. Investors include DCVC, RA Capital Management and Eli Lilly. Every round with its source.

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

United Kingdom · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Alchemab Therapeutics*

3 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

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$85M** raised across 3 rounds since 2021, from 3 sources

**$27M** Series A **$24M** Series A **$34M** Series A

- **Latest round:** Series A, $34M Jul 2026
- **Step-up i:** 1.4×
- **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.

2021 2022 2023 2024 2025 2026

**$27M** Series A

**$24M** Series A

**$34M** Series A

- **First round:** Series A, $27M
- **Biggest round:** $34M
- **Usual gap between rounds:** 3.3 years

## The rounds

- **Jul 2026** Series A **$34M** *5 new* [DCVC](https://millionrounds.com/fund/data-collective) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) [SV Health Investors](https://millionrounds.com/fund/sv-health-investors) Source recorded
- **Feb 2023** Series A **$24M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Apr 2021** Series A **$27M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## 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 A** 2021 **Series A** 2023 **Series A** 2026 [DCVC](https://millionrounds.com/fund/data-collective) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) [SV Health Investors](https://millionrounds.com/fund/sv-health-investors)

## Everyone who backed them

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **1** round

[RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **1** round

[Eli Lilly](https://millionrounds.com/fund/eli-lilly) Corporate VC **1** round

[British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) Corporate VC **1** round

[SV Health Investors](https://millionrounds.com/fund/sv-health-investors) VC firm **1** round

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

## Quick answers about Alchemab Therapeutics

### Who invested in Alchemab Therapeutics?

Alchemab Therapeutics's investors include DCVC, RA Capital Management, Eli Lilly, British Business Bank and SV Health Investors.

### How much has Alchemab Therapeutics raised?

Alchemab Therapeutics has raised $85M across 3 rounds since 2021.

### When did Alchemab Therapeutics last raise?

Alchemab Therapeutics's most recent round was a Series A of $34M in Jul 2026.

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

Its most recent round, $34M in Jul 2026, is also its largest on record.

### Who backed Alchemab Therapeutics first?

Alchemab Therapeutics's first round on record, in Jul 2026, was backed by DCVC, RA Capital Management and Eli Lilly and 2 others.

### What stage is Alchemab Therapeutics at?

Alchemab Therapeutics's latest named round is a Series A, in Jul 2026.

### Where is Alchemab Therapeutics based?

Alchemab Therapeutics is based in the United Kingdom.

## Companies like Alchemab Therapeutics

In the same sector, and raised in the last eighteen months.

[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Bactobio** $18M · Oct 2026](https://millionrounds.com/company/bactobio)[**RHYTHM AI** $23M · Sept 2026](https://millionrounds.com/company/rhythm-ai)

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