# Blue Earth Therapeutics funding: rounds and investors

> Blue Earth Therapeutics has raised $131M across 5 rounds since 2021. Investors include Sands Capital Ventures. Every round with its source.

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

United Kingdom · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Blue Earth Therapeutics*

5 rounds we have observed, with the one investor 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.

Healthcare

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$131M** raised across 5 rounds since 2021, from 5 sources

**$15M** Round **$15M** Round **$77M** Series A **$4.7M** Series A **$20M** Series A

- **Latest round:** Series A, $20M Dec 2025
- **Biggest round:** $77M Series A · Oct 2024
- **Step-up i:** 4.3×
- **Investors:** 1

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.

2022 2023 2024 2025

**$15M** Round

**$15M** Round

**$77M** Series A

**$4.7M** Series A

**$20M** Series A

- **First round:** Round, $15M
- **Biggest round:** $77M
- **Usual gap between rounds:** 8 months

## The rounds

- **Dec 2025** Series A **$20M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2025** Series A **$4.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2024** Series A **$77M** *1 new* [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) Source recorded
- **Jun 2022** Round **$15M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2021** Round **$15M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Blue Earth Therapeutics filed 5 raises, $55M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2025 **$20M** UK share allotment
- Jul 2025 **$197K** UK share allotment
- Jun 2025 **$4.5M** UK share allotment
- Jun 2022 **$15M** UK share allotment
- Oct 2021 **$15M** UK share allotment

## Everyone who backed them

[Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) Private equity **1** round

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

## Quick answers about Blue Earth Therapeutics

### Who invested in Blue Earth Therapeutics?

Blue Earth Therapeutics's investors include Sands Capital Ventures.

### How much has Blue Earth Therapeutics raised?

Blue Earth Therapeutics has raised $131M across 5 rounds since 2021.

### When did Blue Earth Therapeutics last raise?

Blue Earth Therapeutics's most recent round was a Series A of $20M in Dec 2025.

### What was Blue Earth Therapeutics's biggest round?

Blue Earth Therapeutics's largest round on record is $77M (Series A), in Oct 2024.

### Who backed Blue Earth Therapeutics first?

Blue Earth Therapeutics's first round on record, in Oct 2024, was backed by Sands Capital Ventures.

### What stage is Blue Earth Therapeutics at?

Blue Earth Therapeutics's latest named round is a Series A, in Dec 2025.

### Where is Blue Earth Therapeutics based?

Blue Earth Therapeutics is based in the United Kingdom.

## Companies like Blue Earth Therapeutics

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

[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**MintNeuro** $26M · Oct 2026](https://millionrounds.com/company/mintneuro)[**52North** $4.3M · Sept 2026](https://millionrounds.com/company/52north)[**RHYTHM AI** $23M · Sept 2026](https://millionrounds.com/company/rhythm-ai)

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