United Kingdom · Series B startup

Who invested in Bicycle Therapeutics

4 rounds we have observed, with the 10 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.

BiotechHealthcare

Funding summaryUpdated 26 Oct 2026

$110Mraised across 4 rounds since 2012, from 4 sources

$6.0MRound$32MSeries A$51MSeries B$20MRound
Latest round
Round, $20MSept 2023
Biggest round
$51MSeries B · Jun 2017
Investors
10
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.

20142016201820202022
$6.0MRound$32MSeries A$51MSeries B$20MRound
First round
Round, $6.0M
Dec 2012
Biggest round
$51M
Series B · Jun 2017
Usual gap between rounds
2.7 years
the median of 3

The rounds

  1. Sept 2023
    Round$20M

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  2. Jun 2017
    Series B$51M5 new1 returning

    Reported by FinSMEs

  3. Oct 2014
  4. Dec 2012

Funding filed with regulators

Bicycle Therapeutics filed 24 raises, $581M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Sept 2024$233KUK share allotment
  2. Jul 2024$297KUK share allotment
  3. Jul 2024$186KUK share allotment
  4. Jun 2024$214KUK share allotment
  5. Jun 2024$203KUK share allotment
  6. Jun 2024$313KUK share allotment
  7. Jun 2024$372KUK share allotment
  8. May 2024$409MUK share allotment
  9. May 2024$146MUK share allotment
  10. May 2024$146KUK share allotment
  11. Apr 2024$631KUK share allotment
  12. Apr 2024$230KUK share allotment
  13. Apr 2024$136KUK share allotment
  14. Apr 2024$160KUK share allotment
  15. Apr 2024$160KUK share allotment
  16. Apr 2024$197KUK share allotment
  17. Apr 2024$160KUK share allotment
  18. Mar 2024$277KUK share allotment
  19. Feb 2024$350KUK share allotment
  20. Feb 2024$665KUK share allotment
  21. Jan 2024$280KUK share allotment
  22. Jan 2024$279KUK share allotment
  23. Oct 2023$264KUK share allotment
  24. Sept 2023$20MUK share allotment

Founders and team

From Bicycle Therapeutics's own website: 5 on the team.

  • Alistair MilnesChief Corporate Development Officer
  • Travis ThompsonChief Financial Officer
  • Zafar QadirChief Legal Officer and General Counsel
  • Jim MacDonald-ClinkSVP, Head of Business Development
  • Hervé HoppenotDirector

AdvisersFabrice AndréRobert Lutz

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.

Round2012Series A2014Series B2017Round2023SR OneAtlas VentureNovartis Venture FundSV Life SciencesAstellas Venture ManagementNovartisAtlasLongwoodSVLSVertex Ventures HC/ Cambridge Innovation

Everyone who backed them

SR OneCorporate VC3rounds
Atlas VentureVC firm2rounds
Novartis Venture FundCorporate VC2rounds
SV Life SciencesVC firm2rounds
Astellas Venture ManagementCorporate VC2rounds
NovartisVC firm1round
AtlasPrivate equity1round
Longwoodno record of our own yet1round
SVLSno record of our own yet1round
Vertex Ventures HC/ Cambridge Innovationno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Bicycle Therapeutics

Who invested in Bicycle Therapeutics?

Bicycle Therapeutics's investors include SR One, Atlas Venture, Novartis Venture Fund, SV Life Sciences and Astellas Venture Management, and 5 more on record.

How much has Bicycle Therapeutics raised?

Bicycle Therapeutics has raised $110M across 4 rounds since 2012.

When did Bicycle Therapeutics last raise?

Bicycle Therapeutics's most recent round, $20M, was in Sept 2023.

What was Bicycle Therapeutics's biggest round?

Bicycle Therapeutics's largest round on record is $51M (Series B), in Jun 2017.

Who backed Bicycle Therapeutics first?

Bicycle Therapeutics's first round on record, in Dec 2012, was backed by Atlas Venture, Novartis Venture Fund and SR One and 2 others.

What stage is Bicycle Therapeutics at?

Bicycle Therapeutics's latest named round is a Series B, in Jun 2017.

Where is Bicycle Therapeutics based?

Bicycle Therapeutics is based in the United Kingdom.

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