# Baebies funding: rounds and investors

> Baebies has raised $70M across 6 rounds since 2014. Investors include North Carolina Biotechnology Center, VentureSouth and Upstate Carolina Angel Network.

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

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

# Who invested in *Baebies*

6 rounds we have observed, with the 7 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

**$70M** raised across 6 rounds since 2014, from 6 sources

**$500K** Debt **$13M** Series B **$13M** Round **$6.0M** Round **$38M** Venture

- **Latest round:** Venture, $38M May 2022
- **Step-up i:** 6.3×
- **Investors:** 7

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.

2016 2018 2020 2022

**?** Series A

**$500K** Debt

**$13M** Round

**$6.0M** Round

**$38M** Venture

- **First round:** Series A
- **Biggest round:** $38M
- **Usual gap between rounds:** 2.5 years

## The rounds

- **May 2022** Venture **$38M** *1 new* *1 returning* [VentureSouth](https://millionrounds.com/fund/venturesouth) [North Carolina Biotechnology Center](https://millionrounds.com/fund/north-carolina-bio) Source recorded SEC filing: $38M sold, first sale Apr 2022
- **Jul 2019** Round **$6.0M** No investor was named in the report. Reported by Wraltechwire SEC filing: $19M sold, first sale Dec 2016
- **Feb 2018** Round **$13M** No investor was named in the report. Reported by Wraltechwire SEC filing: $13M sold, first sale Dec 2016
- **Jul 2015** Debt **$500K** *1 new* [North Carolina Biotechnology Center](https://millionrounds.com/fund/north-carolina-bio) From a historical funding record SEC filing: $13M sold, first sale Aug 2013
- **Jul 2015** Series B **$13M** *4 new* [Duke Angel Network](https://millionrounds.com/fund/duke-angel-network) [Rex Health Ventures](https://millionrounds.com/fund/rex-health-ventures) [Charlotte Angel Fund](https://millionrounds.com/fund/charlotte-angel-fund) DUMAC From a historical funding record SEC filing: $13M sold, first sale Aug 2013
- **Dec 2014** Series A **Amount undisclosed** *1 new* [Upstate Carolina Angel Network](https://millionrounds.com/fund/upstate-carolina-angel-network) From a historical funding record

## 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** 2014 **Debt** 2015 **Series B** 2015 **Round** 2018 **Round** 2019 **Venture** 2022 [North Carolina Biotechnology Center](https://millionrounds.com/fund/north-carolina-bio) [VentureSouth](https://millionrounds.com/fund/venturesouth) [Upstate Carolina Angel Network](https://millionrounds.com/fund/upstate-carolina-angel-network) [Duke Angel Network](https://millionrounds.com/fund/duke-angel-network) [Rex Health Ventures](https://millionrounds.com/fund/rex-health-ventures) [Charlotte Angel Fund](https://millionrounds.com/fund/charlotte-angel-fund) DUMAC

## Everyone who backed them

[North Carolina Biotechnology Center](https://millionrounds.com/fund/north-carolina-bio) Government **2** rounds

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

[Upstate Carolina Angel Network](https://millionrounds.com/fund/upstate-carolina-angel-network) Angel network **1** round

[Duke Angel Network](https://millionrounds.com/fund/duke-angel-network) Corporate VC **1** round

[Rex Health Ventures](https://millionrounds.com/fund/rex-health-ventures) VC firm **1** round

[Charlotte Angel Fund](https://millionrounds.com/fund/charlotte-angel-fund) Angel network **1** round

DUMAC 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=baebies).

## Also claim to have backed them

These 5 firms list Baebies 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.

[Charleston Angel Partners](https://millionrounds.com/fund/charleston-angel-partners) Angel network Per its own site

[Solas BioVentures](https://millionrounds.com/fund/solas-bioventures) VC firm Per its own site

[Duke Capital Partners](https://millionrounds.com/fund/duke-capital-partners) VC firm Per its own site

[Asheville Angels](https://millionrounds.com/fund/venture-asheville) Angel network Per its own site

[Next Act Fund](https://millionrounds.com/fund/next-act-fund-llc) Angel network Per its own site

## Quick answers about Baebies

### Who invested in Baebies?

Baebies's investors include North Carolina Biotechnology Center, VentureSouth, Upstate Carolina Angel Network, Duke Angel Network and Rex Health Ventures, and 2 more on record.

### How much has Baebies raised?

Baebies has raised $70M across 6 rounds since 2014. One round did not disclose an amount, so the total is a floor.

### When did Baebies last raise?

Baebies's most recent round was a Venture of $38M in May 2022.

### What was Baebies's biggest round?

Its most recent round, $38M in May 2022, is also its largest on record.

### Who backed Baebies first?

Baebies's first round on record, in Dec 2014, was backed by Upstate Carolina Angel Network.

### What stage is Baebies at?

Baebies's latest named round is a Venture, in May 2022.

### Where is Baebies based?

Baebies is based in the United States.

## Companies like Baebies

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

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