# AN2 Therapeutics funding: rounds and investors

> AN2 Therapeutics has raised $80M across 2 rounds since 2026. Investors include RA Capital Management, Janus Henderson Investors and Vivo Capital.

Source: https://millionrounds.com/company/an2-therapeutics (Millionrounds; every figure on the page links to its filing or article)

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

# Who invested in *AN2 Therapeutics*

2 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 2 months ago

Funding summary Updated 26 Oct 2026

**$80M** raised across 2 rounds since 2026, from 2 sources

**$40M** Round **$40M** Grant

- **Latest round:** Grant, $40M Sept 2026
- **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.

2027

**$40M** Round

**$40M** Grant

- **First round:** Round, $40M
- **Biggest round:** $40M
- **Between rounds:** 5 months

## The rounds

- **Sept 2026** Grant **$40M** *5 new* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [TCG](https://millionrounds.com/fund/tcg) [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) Source recorded
- **Mar 2026** Round **$40M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $40M sold, first sale Mar 2026

## Founders and team

From AN2 Therapeutics's own website: 3 founders, 3 on the team.

**Eric Easom** Co-founder, President, CEO, and Chair

**Maggie FitzPatrick** Fitzpatrick & Co, Founder & CEO

**Joseph S. Zakrzewski** Co-founder and Director

- **Josh Eizen** Chief Legal and Operating Officer
- **Lucy Day** Chief Financial Officer
- **Vince Hernandez** Head of Research

## 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.

**Round** 2026 **Grant** 2026 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [TCG](https://millionrounds.com/fund/tcg) [TCG Crossover](https://millionrounds.com/fund/tcg-crossover)

## Everyone who backed them

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

[Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) Private equity **1** round

[Vivo Capital](https://millionrounds.com/fund/vivo-capital) Private equity **1** round

[TCG](https://millionrounds.com/fund/tcg) Private equity **1** round

[TCG Crossover](https://millionrounds.com/fund/tcg-crossover) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=an2-therapeutics).

## Also claim to have backed them

These 2 firms list AN2 Therapeutics 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.

[Adjuvant Capital](https://millionrounds.com/fund/adjuvant-capital) VC firm Per its own site

[Flucas Ventures](https://millionrounds.com/fund/flucas-ventures) Angel network Per its own site

## Quick answers about AN2 Therapeutics

### Who invested in AN2 Therapeutics?

AN2 Therapeutics's investors include RA Capital Management, Janus Henderson Investors, Vivo Capital, TCG and TCG Crossover.

### How much has AN2 Therapeutics raised?

AN2 Therapeutics has raised $80M across 2 rounds since 2026.

### When did AN2 Therapeutics last raise?

AN2 Therapeutics's most recent round was a Grant of $40M in Sept 2026.

### What was AN2 Therapeutics's biggest round?

Its most recent round, $40M in Sept 2026, is also its largest on record.

### Who backed AN2 Therapeutics first?

AN2 Therapeutics's first round on record, in Sept 2026, was backed by RA Capital Management, Janus Henderson Investors and Vivo Capital and 2 others.

### What stage is AN2 Therapeutics at?

AN2 Therapeutics's latest named round is a Grant, in Sept 2026.

### Where is AN2 Therapeutics based?

AN2 Therapeutics is based in the United States.

## Companies like AN2 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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