# Caravel Bio funding: rounds and investors

> Caravel Bio has raised $7.8M across 1 round since 2025. Investors include National Science Foundation, Pioneer Fund and Portland Seed Fund.

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

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

# Who invested in *Caravel Bio*

One round we have observed, with the 4 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

**$7.8M** raised across 1 round since 2025, from 1 source

- **Latest round:** Grant, $7.8M Oct 2025
- **Investors:** 4

See who backed them

## The rounds

- **Oct 2025** Grant **$7.8M** [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) [2048 Ventures](https://millionrounds.com/fund/2048-ventures) Source recorded

## Founders and team

From Caravel Bio's own website: 3 on the team.

- **Michał Jastrzębski** CTO
- **Arushi Kalia** Senior Engineering Research Associate
- **Georgia Needham** Senior Engineering Research Associate

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) Private equity **1** round

[Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) VC firm **1** round

[2048 Ventures](https://millionrounds.com/fund/2048-ventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists Caravel Bio 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.

[The Venture Collective](https://millionrounds.com/fund/the-venture-collective) VC firm Per its own site

## Quick answers about Caravel Bio

### Who invested in Caravel Bio?

Caravel Bio's investors include National Science Foundation, Pioneer Fund, Portland Seed Fund and 2048 Ventures.

### How much has Caravel Bio raised?

Caravel Bio has raised $7.8M across 1 round since 2025.

### When did Caravel Bio last raise?

Caravel Bio's most recent round was a Grant of $7.8M in Oct 2025.

### What was Caravel Bio's biggest round?

Its most recent round, $7.8M in Oct 2025, is also its largest on record.

### Who backed Caravel Bio first?

Caravel Bio's first round on record, in Oct 2025, was backed by National Science Foundation, Pioneer Fund and Portland Seed Fund and 1 others.

### What stage is Caravel Bio at?

Caravel Bio's latest named round is a Grant, in Oct 2025.

### Where is Caravel Bio based?

Caravel Bio is based in the United States.

## Companies like Caravel Bio

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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