# Borealis Biosciences funding: rounds and investors

> Borealis Biosciences has raised $30M across 1 round since 2024. Investors include Versant Ventures and Novartis. Every round with its source.

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

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

# Who invested in *Borealis Biosciences*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Funding summary Updated 26 Oct 2026

**$30M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series A, $30M Dec 2024
- **Investors:** 2

See who backed them

## The rounds

- **Dec 2024** Series A **$30M** [Versant Ventures](https://millionrounds.com/fund/versant-ventures) [Novartis](https://millionrounds.com/fund/novartis) Source recorded

## Everyone who backed them

[Versant Ventures](https://millionrounds.com/fund/versant-ventures) VC firm **1** round

[Novartis](https://millionrounds.com/fund/novartis) VC firm **1** round

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

## Quick answers about Borealis Biosciences

### Who invested in Borealis Biosciences?

Borealis Biosciences's investors include Versant Ventures and Novartis.

### How much has Borealis Biosciences raised?

Borealis Biosciences has raised $30M across 1 round since 2024.

### When did Borealis Biosciences last raise?

Borealis Biosciences's most recent round was a Series A of $30M in Dec 2024.

### What was Borealis Biosciences's biggest round?

Its most recent round, $30M in Dec 2024, is also its largest on record.

### Who backed Borealis Biosciences first?

Borealis Biosciences's first round on record, in Dec 2024, was backed by Versant Ventures and Novartis.

### What stage is Borealis Biosciences at?

Borealis Biosciences's latest named round is a Series A, in Dec 2024.

### Where is Borealis Biosciences based?

Borealis Biosciences is based in Canada.

## Companies like Borealis Biosciences

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

[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Helus Pharma** $50M · Sept 2026](https://millionrounds.com/company/helus-pharma)[**Cardiol Therapeutics** $7.0M · Sept 2026](https://millionrounds.com/company/cardiol-therapeutics)[**QurCan Therapeutics Inc.** $6.0M · Sept 2026](https://millionrounds.com/company/qurcan-therapeutics-inc)[**Ichor Agriculture** Jul 2026](https://millionrounds.com/company/ichor-agriculture)

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