# Altis Labs funding: rounds and investors

> Altis Labs has raised $31M across 2 rounds since 2023. Investors include Creative Destruction Lab, OrbiMed and Qiming Venture Partners USA.

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

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

# Who invested in *Altis Labs*

2 rounds we have observed, with the 8 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.

AI Biotech Healthcare Healthtech

Raised 1 month ago

Funding summary Updated 26 Oct 2026

**$31M** raised across 2 rounds since 2023, from 4 sources

**$6.0M** Seed **$25M** Series A

- **Latest round:** Series A, $25M Sept 2026
- **Led by:** OrbiMed and Qiming Venture Partners USA
- **Step-up i:** 4.2×
- **Investors:** 8 (2 led)

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.

2024 2025 2026

**$6.0M** Seed

**$25M** Series A

- **First round:** Seed, $6.0M
- **Biggest round:** $25M
- **Between rounds:** 3.3 years

## The rounds

- **Sept 2026** Series A **$25M** *7 new* *1 returning* [OrbiMed](https://millionrounds.com/fund/orbimed) Lead [Qiming Venture Partners USA](https://millionrounds.com/fund/qiming-venture-partners-usa) Lead [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) [Benchstrength](https://millionrounds.com/fund/benchstrength) [Lumira Ventures' Cancer Breakthrough Fund](https://millionrounds.com/fund/lumira-ventures-cancer-breakthrough-fund) [the Cancer Breakthrough Fund](https://millionrounds.com/fund/the-cancer-breakthrough-fund) Reported by BetaKit and 2 others
- **Jun 2023** Seed **$6.0M** *1 new* [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) Source recorded

## Founders and team

From Altis Labs's own website: 1 founder, 8 on the team.

**Felix Baldauf-Lenschen** Founder & Chief Executive Officer

- **John Riskas** CTO
- **Alison Mitro** VP of Product
- **Duoaud Shah** VP of Partnerships
- **Cameron Fordham** Finance & Operations Associate
- **Daniel Park** Senior Data Engineer
- **Ethan Thompson** Senior Data Engineer
- **Jay Hennessy** Staff Data Engineer
- **Matthew Kramers** Principal Software Engineer

Advisers *Jay Soto* *Lajhem Cambridge*

## 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** 2023 **Series A** 2026 [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [OrbiMed](https://millionrounds.com/fund/orbimed) L [Qiming Venture Partners USA](https://millionrounds.com/fund/qiming-venture-partners-usa) L [Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) [Benchstrength](https://millionrounds.com/fund/benchstrength) [Lumira Ventures' Cancer Breakthrough Fund](https://millionrounds.com/fund/lumira-ventures-cancer-breakthrough-fund) [the Cancer Breakthrough Fund](https://millionrounds.com/fund/the-cancer-breakthrough-fund)

## Everyone who backed them

[Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) Accelerator **2** rounds

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **1** round, led 1

[Qiming Venture Partners USA](https://millionrounds.com/fund/qiming-venture-partners-usa) VC firm **1** round, led 1

[Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) VC firm **1** round

[Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) VC firm **1** round

[Benchstrength](https://millionrounds.com/fund/benchstrength) VC firm **1** round

[Lumira Ventures' Cancer Breakthrough Fund](https://millionrounds.com/fund/lumira-ventures-cancer-breakthrough-fund) VC firm **1** round

[the Cancer Breakthrough Fund](https://millionrounds.com/fund/the-cancer-breakthrough-fund) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Altis Labs 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.

[Merck Global Health Innovation Fund](https://millionrounds.com/fund/merck-global-health-innovation-fund) Corporate VC Per its own site

[Digital Technology Supercluster](https://millionrounds.com/fund/digital-technology-supercluster) Corporate VC Per its own site

## Quick answers about Altis Labs

### Who invested in Altis Labs?

Altis Labs's investors include Creative Destruction Lab, OrbiMed, Qiming Venture Partners USA, Innovation Endeavors and Fusion Fund, and 3 more on record. OrbiMed led its latest round.

### How much has Altis Labs raised?

Altis Labs has raised $31M across 2 rounds since 2023.

### When did Altis Labs last raise?

Altis Labs's most recent round was a Series A of $25M in Sept 2026, led by OrbiMed.

### What was Altis Labs's biggest round?

Its most recent round, $25M in Sept 2026, is also its largest on record.

### Who backed Altis Labs first?

Altis Labs's first round on record, in Jun 2023, was backed by Creative Destruction Lab.

### What stage is Altis Labs at?

Altis Labs's latest named round is a Series A, in Sept 2026.

### Where is Altis Labs based?

Altis Labs is based in Canada.

### Who led Altis Labs's rounds?

OrbiMed led the Series A in 2026.

## Companies like Altis Labs

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

[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Blair Health** $3.0M · Sept 2026](https://millionrounds.com/company/blair-health)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)[**LawZero** $215M · Sept 2026](https://millionrounds.com/company/lawzero)

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