Iceland · 
Who invested in Alvotech?
Alvotech's investors include Morgan Stanley Investment Management, Shinhan Capital and Athos Capital.
20192020202120222023202420252026
$300MRound$165MRound
Iceland · Funded startup
Who invested in Alvotech
Funding summaryUpdated 26 Oct 2026
$465Mraised across 2 rounds since 2019, from 2 sources
$300MRound$165MRound
- Latest round
- Round, $165MJun 2026
- Biggest round
- $300MRound · Jan 2019
- Investors
- 3
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $300M Jan 2019
- Biggest round
- $300M Round · Jan 2019
- Between rounds
- 7.3 years from the last two
The rounds
- Jun 2026
- Jan 2019
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.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Alvotech
How much has Alvotech raised?
Alvotech has raised $465M across 2 rounds since 2019.
When did Alvotech last raise?
Alvotech's most recent round was an Undisclosed round of $165M in Jun 2026.
What was Alvotech's biggest round?
Alvotech's largest round on record is $300M (Undisclosed round), in Jan 2019.
Who backed Alvotech first?
Alvotech's first round on record, in Jan 2019, was backed by Morgan Stanley Investment Management.
What stage is Alvotech at?
Alvotech's latest named round is an Undisclosed round, in Jun 2026.
Where is Alvotech based?
Alvotech is based in Iceland.
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