# Berkeley Lights funding: rounds and investors

> Berkeley Lights has raised $165M across 2 rounds since 2018. Investors include Cota Capital, Sequoia Capital and Celesta Capital. Every round with its source.

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

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

# Who invested in *Berkeley Lights*

2 rounds we have observed, with the 12 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 Pharma

Funding summary Updated 26 Oct 2026

**$165M** raised across 2 rounds since 2018, from 2 sources

**$95M** Round **$70M** Debt

- **Latest round:** Debt, $70M Jan 2023
- **Biggest round:** $95M Round · Oct 2018
- **Investors:** 12

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.

2019 2020 2021 2022 2023

**$95M** Round

**$70M** Debt

- **First round:** Round, $95M
- **Biggest round:** $95M
- **Between rounds:** 4.3 years

## The rounds

- **Jan 2023** Debt **$70M** *2 new* *1 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Cota Capital](https://millionrounds.com/fund/cota-capital) [Celesta Capital](https://millionrounds.com/fund/celesta-capital) Source recorded
- **Oct 2018** Round **$95M** *10 new* [Cota Capital](https://millionrounds.com/fund/cota-capital) [Atinum Investment](https://millionrounds.com/fund/atinum-investment) [ShangBay Capital](https://millionrounds.com/fund/shangbay-capital) [Black Diamond Ventures](https://millionrounds.com/fund/black-diamond-ventures) [Walden Riverwood](https://millionrounds.com/fund/walden-riverwood) [KTB](https://millionrounds.com/fund/ktb) [Varian](https://millionrounds.com/fund/varian) [PAXION](https://millionrounds.com/fund/paxion) [AJS Capital](https://millionrounds.com/fund/ajs-capital) Nikon/ Sequoia Reported by FinSMEs SEC filing: $95M sold, first sale Mar 2018

## Founders and team

From the SEC filings it signed: 4 on the team.

- **Andy Last** Executive Officer i
- **Eric Hobbs** Executive Officer, Director i
- **Shaun Holt** Executive Officer i
- **Stuart Merkadeau** Executive Officer i

On the board, as filed i *Igor Khandros* *James Rothman* *John Gunn* *Makoto Shintani* *Michael Marks* *Michael Moritz* *Ming Wu* *William Davidow*

## 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** 2018 **Debt** 2023 [Cota Capital](https://millionrounds.com/fund/cota-capital) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Celesta Capital](https://millionrounds.com/fund/celesta-capital) [Atinum Investment](https://millionrounds.com/fund/atinum-investment) [ShangBay Capital](https://millionrounds.com/fund/shangbay-capital) [Black Diamond Ventures](https://millionrounds.com/fund/black-diamond-ventures) [Walden Riverwood](https://millionrounds.com/fund/walden-riverwood) [KTB](https://millionrounds.com/fund/ktb) [Varian](https://millionrounds.com/fund/varian) [PAXION](https://millionrounds.com/fund/paxion)

## Everyone who backed them

[Cota Capital](https://millionrounds.com/fund/cota-capital) VC firm **2** rounds

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Celesta Capital](https://millionrounds.com/fund/celesta-capital) VC firm **1** round

[Atinum Investment](https://millionrounds.com/fund/atinum-investment) VC firm **1** round

[ShangBay Capital](https://millionrounds.com/fund/shangbay-capital) VC firm **1** round

[Black Diamond Ventures](https://millionrounds.com/fund/black-diamond-ventures) VC firm **1** round

[Walden Riverwood](https://millionrounds.com/fund/walden-riverwood) Growth equity **1** round

[KTB](https://millionrounds.com/fund/ktb) Investment firm **1** round

[Varian](https://millionrounds.com/fund/varian) Corporate VC **1** round

[PAXION](https://millionrounds.com/fund/paxion) Growth equity **1** round

[AJS Capital](https://millionrounds.com/fund/ajs-capital) Investment firm **1** round

Nikon/ Sequoia 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=berkeley-lights).

## Also claim to have backed them

This firm lists Berkeley Lights 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.

[Open Field Capital](https://millionrounds.com/fund/open-field-capital) VC firm Per its own site

## Quick answers about Berkeley Lights

### Who invested in Berkeley Lights?

Berkeley Lights's investors include Cota Capital, Sequoia Capital, Celesta Capital, Atinum Investment and ShangBay Capital, and 7 more on record.

### How much has Berkeley Lights raised?

Berkeley Lights has raised $165M across 2 rounds since 2018.

### When did Berkeley Lights last raise?

Berkeley Lights's most recent round was a Debt of $70M in Jan 2023.

### What was Berkeley Lights's biggest round?

Berkeley Lights's largest round on record is $95M (Undisclosed round), in Oct 2018.

### Who backed Berkeley Lights first?

Berkeley Lights's first round on record, in Oct 2018, was backed by Cota Capital, Atinum Investment and ShangBay Capital and 7 others.

### What stage is Berkeley Lights at?

Berkeley Lights's latest named round is a Debt, in Jan 2023.

### Where is Berkeley Lights based?

Berkeley Lights is based in the United States.

## Companies like Berkeley Lights

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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