# AnaCardio funding: rounds and investors

> AnaCardio has raised $89M across 2 rounds since 2025. Investors include Novo Holdings, Industrifonden and BioVenture. Every round with its source.

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

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

# Who invested in *AnaCardio*

2 rounds we have observed, with the 11 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 Pharma

Raised 1 month ago

Funding summary Updated 26 Oct 2026

**$89M** raised across 2 rounds since 2025, from 3 sources

**$18M** Series A **$71M** Series B

- **Latest round:** Series B, $71M Oct 2026
- **Led by:** Ljungström family office
- **Step-up i:** 3.8×
- **Investors:** 11 (1 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.

2025 2026

**$18M** Series A

**$71M** Series B

- **First round:** Series A, $18M
- **Biggest round:** $71M
- **Between rounds:** 21 months

## The rounds

- **Oct 2026** Series B **$71M** *8 new* *3 returning* [Ljungström family office](https://millionrounds.com/fund/ljungstrom-family-office) Lead [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Industrifonden](https://millionrounds.com/fund/industrifonden) [Innovestor](https://millionrounds.com/fund/innovestor) [BioVenture](https://millionrounds.com/fund/yuanbio-venture-capital) [Pureos Bioventures](https://millionrounds.com/fund/pureos-bioventures) [Sound Bioventures](https://millionrounds.com/fund/sound-bioventures) [Flerie Invest](https://millionrounds.com/fund/flerie) [Helsinn](https://millionrounds.com/fund/helsinn) [Innovestor Life Science](https://millionrounds.com/fund/innovestor-life-science) [LLD Nybohov Invest AB](https://millionrounds.com/fund/lld-nybohov-invest-ab) Reported by Sound Bioventures and 1 other
- **Jan 2025** Series A **$18M** *3 new* [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Industrifonden](https://millionrounds.com/fund/industrifonden) [BioVenture](https://millionrounds.com/fund/yuanbio-venture-capital) Source recorded

## 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** 2025 **Series B** 2026 [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Industrifonden](https://millionrounds.com/fund/industrifonden) [BioVenture](https://millionrounds.com/fund/yuanbio-venture-capital) [Ljungström family office](https://millionrounds.com/fund/ljungstrom-family-office) L [Innovestor](https://millionrounds.com/fund/innovestor) [Pureos Bioventures](https://millionrounds.com/fund/pureos-bioventures) [Sound Bioventures](https://millionrounds.com/fund/sound-bioventures) [Flerie Invest](https://millionrounds.com/fund/flerie) [Helsinn](https://millionrounds.com/fund/helsinn) [Innovestor Life Science](https://millionrounds.com/fund/innovestor-life-science)

## Everyone who backed them

[Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **2** rounds

[Industrifonden](https://millionrounds.com/fund/industrifonden) VC firm **2** rounds

[BioVenture](https://millionrounds.com/fund/yuanbio-venture-capital) VC firm **2** rounds

[Ljungström family office](https://millionrounds.com/fund/ljungstrom-family-office) VC firm **1** round, led 1

[Innovestor](https://millionrounds.com/fund/innovestor) Angel network **1** round

[Pureos Bioventures](https://millionrounds.com/fund/pureos-bioventures) VC firm **1** round

[Sound Bioventures](https://millionrounds.com/fund/sound-bioventures) VC firm **1** round

[Flerie Invest](https://millionrounds.com/fund/flerie) VC firm **1** round

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

[Innovestor Life Science](https://millionrounds.com/fund/innovestor-life-science) VC firm **1** round

[LLD Nybohov Invest AB](https://millionrounds.com/fund/lld-nybohov-invest-ab) Growth equity **1** round

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

## Also claim to have backed them

This firm lists AnaCardio as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[3B Future Health Fund I & II](https://millionrounds.com/fund/3b-future-health-fund-i-and-ii) VC firm Per its own site

## Quick answers about AnaCardio

### Who invested in AnaCardio?

AnaCardio's investors include Novo Holdings, Industrifonden, BioVenture, Ljungström family office and Innovestor, and 6 more on record. Ljungström family office led its latest round.

### How much has AnaCardio raised?

AnaCardio has raised $89M across 2 rounds since 2025.

### When did AnaCardio last raise?

AnaCardio's most recent round was a Series B of $71M in Oct 2026, led by Ljungström family office.

### What was AnaCardio's biggest round?

Its most recent round, $71M in Oct 2026, is also its largest on record.

### Who backed AnaCardio first?

AnaCardio's first round on record, in Jan 2025, was backed by Novo Holdings, Industrifonden and BioVenture.

### What stage is AnaCardio at?

AnaCardio's latest named round is a Series B, in Oct 2026.

### Where is AnaCardio based?

AnaCardio is based in Switzerland.

### Who led AnaCardio's rounds?

Ljungström family office led the Series B in 2026.

## Companies like AnaCardio

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

[**Nouscom** $191M · Oct 2026](https://millionrounds.com/company/nouscom)[**ADC Therapeutics** $646M · Oct 2026](https://millionrounds.com/company/adc-therapeutics)[**NovaGo Therapeutics** $40M · Sept 2026](https://millionrounds.com/company/novago-therapeutics)[**Prevision Medicine** $5.4M · Sept 2026](https://millionrounds.com/company/prevision-medicine)[**Medyria** $6.7M · Jul 2026](https://millionrounds.com/company/medyria)[**Microcaps** $10M · Jul 2026](https://millionrounds.com/company/microcaps)

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