# Axial Biotherapeutics funding: rounds and investors

> Axial Biotherapeutics has raised $54M across 3 rounds since 2016. Investors include Domain Associates, Longwood Fund and Heritage Medical Systems.

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

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

# Who invested in *Axial Biotherapeutics*

3 rounds we have observed, with the 4 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 Healthcare

Funding summary Updated 26 Oct 2026

**$54M** raised across 3 rounds since 2016, from 3 sources

**$19M** Series A **$25M** Series B **$10M** Series B

- **Latest round:** Series B, $10M Jun 2019
- **Biggest round:** $25M Series B · Feb 2019
- **Investors:** 4

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.

2017 2018 2019

**$19M** Series A

**$25M** Series B

**$10M** Series B

- **First round:** Series A, $19M
- **Biggest round:** $25M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Jun 2019** Series B **$10M** No investor was named in the report. Reported by FinSMEs SEC filing: $5.0M sold, first sale Jun 2019
- **Feb 2019** Series B **$25M** *2 new* *1 returning* [Domain Associates](https://millionrounds.com/fund/domain-associates) Heritage Medical Systems Seventure Partners/ Longwood Fund Reported by FinSMEs SEC filing: $20M sold, first sale Nov 2018
- **Dec 2016** Series A **$19M** *2 new* [Domain Associates](https://millionrounds.com/fund/domain-associates) [Longwood Fund](https://millionrounds.com/fund/longwood-fund) Reported by FinSMEs SEC filing: $9.6M sold, first sale Nov 2016

## Founders and team

From the SEC filings it signed: 2 on the team.

- **David H. Donabedian** Executive Officer, Director i
- **Jeffrey C. Young** Executive Officer i

On the board, as filed i *Eric C. De La Fortelle* *Henry C. Wolf* *James C. Blair* *Richard P. Aldrich* *Ronald C. Renaud* *Sakae C. Asanuma* *Sarkis K. Mazmanian* *Scott C. Brun*

## 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** 2016 **Series B** 2019 **Series B** 2019 [Domain Associates](https://millionrounds.com/fund/domain-associates) [Longwood Fund](https://millionrounds.com/fund/longwood-fund) Heritage Medical Systems Seventure Partners/ Longwood Fund

## Everyone who backed them

[Domain Associates](https://millionrounds.com/fund/domain-associates) VC firm **2** rounds

[Longwood Fund](https://millionrounds.com/fund/longwood-fund) VC firm **1** round

Heritage Medical Systems no record of our own yet **1** round

Seventure Partners/ Longwood Fund no record of our own yet **1** round

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

## Quick answers about Axial Biotherapeutics

### Who invested in Axial Biotherapeutics?

Axial Biotherapeutics's investors include Domain Associates, Longwood Fund, Heritage Medical Systems and Seventure Partners/ Longwood Fund.

### How much has Axial Biotherapeutics raised?

Axial Biotherapeutics has raised $54M across 3 rounds since 2016.

### When did Axial Biotherapeutics last raise?

Axial Biotherapeutics's most recent round was a Series B of $10M in Jun 2019.

### What was Axial Biotherapeutics's biggest round?

Axial Biotherapeutics's largest round on record is $25M (Series B), in Feb 2019.

### Who backed Axial Biotherapeutics first?

Axial Biotherapeutics's first round on record, in Dec 2016, was backed by Domain Associates and Longwood Fund.

### What stage is Axial Biotherapeutics at?

Axial Biotherapeutics's latest named round is a Series B, in Jun 2019.

### Where is Axial Biotherapeutics based?

Axial Biotherapeutics is based in the United States.

## Companies like Axial Biotherapeutics

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)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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