# Beacon Therapeutics funding: rounds and investors

> Beacon Therapeutics has raised $247M across 7 rounds since 2023. Investors include Goldman Sachs, Forbion Capital Partners and TCG. Every round with its source.

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

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

# Who invested in *Beacon Therapeutics*

7 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 10 months ago

Funding summary Updated 26 Oct 2026

**$247M** raised across 7 rounds since 2023, from 7 sources

**$32M** Round **$12M** Round **$21M** Round **$31M** Round **$35M** Round **$40M** Round **$75M** Series C

- **Latest round:** Series C, $75M Jan 2026
- **Step-up i:** 1.9×
- **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.

2023 2024 2025 2026

**$32M** Round

**$12M** Round

**$21M** Round

**$31M** Round

**$35M** Round

**$40M** Round

**$75M** Series C

- **First round:** Round, $32M
- **Biggest round:** $75M
- **Usual gap between rounds:** 6 months

## The rounds

- **Jan 2026** Series C **$75M** *5 new* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [TCG](https://millionrounds.com/fund/tcg) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) Source recorded
- **Jun 2025** Round **$40M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2024** Round **$35M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2024** Round **$31M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2023** Round **$21M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Aug 2023** Round **$12M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2023** Round **$32M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Beacon Therapeutics filed 9 raises, $221M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2025 **$49M** UK share allotment
- Jun 2025 **$40M** UK share allotment
- Dec 2024 **$35M** UK share allotment
- Jun 2024 **$31M** UK share allotment
- Dec 2023 **$21M** UK share allotment
- Aug 2023 **$12M** UK share allotment
- Mar 2023 **$14M** UK share allotment
- Mar 2023 **$19M** UK share allotment
- Dec 2022 **Amount not stated** UK share allotment

## Founders and team

From Beacon Therapeutics's own website: 6 on the team.

- **Lance Baldo** Chief Executive Officer
- **Abraham Scaria** Chief Scientific Officer
- **Brian Mullan** Chief Technical Officer
- **Daniel Chung** Chief Medical Officer
- **Ryan Robinson** Chief Financial Officer
- **Khurem Farooq** Independent Director

## 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** 2023 **Round** 2023 **Round** 2023 **Round** 2024 **Round** 2024 **Round** 2025 **Series C** 2026 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [TCG](https://millionrounds.com/fund/tcg) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) [TCG Crossover](https://millionrounds.com/fund/tcg-crossover)

## Everyone who backed them

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) Private equity **1** round

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

[Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) VC firm **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=beacon-therapeutics).

## Quick answers about Beacon Therapeutics

### Who invested in Beacon Therapeutics?

Beacon Therapeutics's investors include Goldman Sachs, Forbion Capital Partners, TCG, Oxford Science Enterprises and TCG Crossover.

### How much has Beacon Therapeutics raised?

Beacon Therapeutics has raised $247M across 7 rounds since 2023.

### When did Beacon Therapeutics last raise?

Beacon Therapeutics's most recent round was a Series C of $75M in Jan 2026.

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

Its most recent round, $75M in Jan 2026, is also its largest on record.

### Who backed Beacon Therapeutics first?

Beacon Therapeutics's first round on record, in Jan 2026, was backed by Goldman Sachs, Forbion Capital Partners and TCG and 2 others.

### What stage is Beacon Therapeutics at?

Beacon Therapeutics's latest named round is a Series C, in Jan 2026.

### Where is Beacon Therapeutics based?

Beacon Therapeutics is based in the United States.

## Companies like Beacon 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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