# Allyx Therapeutics funding: rounds and investors

> Allyx Therapeutics has raised $33M across 3 rounds since 2024. Investors include National Institutes of Health and Connecticut Innovations.

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

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

# Who invested in *Allyx Therapeutics*

3 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

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$33M** raised across 3 rounds since 2024, from 3 sources

**$3.3M** Grant **$3.3M** Round **$27M** Series B

- **Latest round:** Series B, $27M May 2026
- **Step-up i:** 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.

2025 2026

**$3.3M** Grant

**$3.3M** Round

**$27M** Series B

- **First round:** Grant, $3.3M
- **Biggest round:** $27M
- **Usual gap between rounds:** 17 months

## The rounds

- **May 2026** Series B **$27M** *2 returning* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Source recorded SEC filing: $26M sold
- **Feb 2026** Round **$3.3M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $3.3M sold, first sale Feb 2026
- **Oct 2024** Grant **$3.3M** *2 new* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Source recorded

## Founders and team

From Allyx Therapeutics's own website: 1 on the team.

- **Patrick Simms** VP Clinical Operations

## 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** 2024 **Round** 2026 **Series B** 2026 [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations)

## Everyone who backed them

[National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **2** rounds

[Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Government **2** rounds

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

## Quick answers about Allyx Therapeutics

### Who invested in Allyx Therapeutics?

Allyx Therapeutics's investors include National Institutes of Health and Connecticut Innovations.

### How much has Allyx Therapeutics raised?

Allyx Therapeutics has raised $33M across 3 rounds since 2024.

### When did Allyx Therapeutics last raise?

Allyx Therapeutics's most recent round was a Series B of $27M in May 2026.

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

Its most recent round, $27M in May 2026, is also its largest on record.

### Who backed Allyx Therapeutics first?

Allyx Therapeutics's first round on record, in Oct 2024, was backed by National Institutes of Health and Connecticut Innovations.

### What stage is Allyx Therapeutics at?

Allyx Therapeutics's latest named round is a Series B, in May 2026.

### Where is Allyx Therapeutics based?

Allyx Therapeutics is based in the United States.

## Companies like Allyx 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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