# Cardea Bio funding: rounds and investors > Cardea Bio has raised $8.9M across 2 rounds since 2019. Investors include Alexandria Real Estate Equities, Serra Ventures and Alexandria Venture Investments. Source: https://millionrounds.com/company/cardea-bio (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Cardea Bio* 2 rounds we have observed, with the 5 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 Funding summary Updated 26 Oct 2026 **$8.9M** raised across 2 rounds since 2019, from 2 sources **$7.8M** Series A **$1.1M** Grant - **Latest round:** Grant, $1.1M May 2022 - **Biggest round:** $7.8M Series A · Mar 2019 - **Investors:** 5 (1 led) 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. 2020 2021 2022 **$7.8M** Series A **$1.1M** Grant - **First round:** Series A, $7.8M - **Biggest round:** $7.8M - **Between rounds:** 3.1 years ## The rounds - **May 2022** Grant **$1.1M** *3 new* [Alexandria Venture Investments](https://millionrounds.com/fund/alexandria-venture-investments) [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) [Taihill Venture](https://millionrounds.com/fund/taihill-venture) Source recorded - **Mar 2019** Series A **$7.8M** *2 new* [Alexandria Real Estate Equities](https://millionrounds.com/fund/alexandria) Lead [Serra Ventures](https://millionrounds.com/fund/serra-ventures) Reported by FinSMEs ## Founders and team From the SEC filings it signed: 2 on the team. - **Michael Heltzen** Executive Officer, Director i - **Ross Bundy** Executive Officer, Director i On the board, as filed i *Biao He* *Paul Grint* *Tim Hoerr* ## 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. **Series A** 2019 **Grant** 2022 [Alexandria Real Estate Equities](https://millionrounds.com/fund/alexandria) L [Serra Ventures](https://millionrounds.com/fund/serra-ventures) [Alexandria Venture Investments](https://millionrounds.com/fund/alexandria-venture-investments) [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) [Taihill Venture](https://millionrounds.com/fund/taihill-venture) ## Everyone who backed them [Alexandria Real Estate Equities](https://millionrounds.com/fund/alexandria) VC firm **1** round, led 1 [Serra Ventures](https://millionrounds.com/fund/serra-ventures) VC firm **1** round [Alexandria Venture Investments](https://millionrounds.com/fund/alexandria-venture-investments) VC firm **1** round [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) VC firm **1** round [Taihill Venture](https://millionrounds.com/fund/taihill-venture) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cardea-bio). ## Also claim to have backed them These 2 firms list Cardea Bio as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [BroadOak Capital Partners](https://millionrounds.com/fund/broadoak-capital-partners) VC firm Per its own site [GreenGage Capital](https://millionrounds.com/fund/greengage-capital) Family office Per its own site ## Quick answers about Cardea Bio ### Who invested in Cardea Bio? Cardea Bio's investors include Alexandria Real Estate Equities, Serra Ventures, Alexandria Venture Investments, Foothill Ventures and Taihill Venture. ### How much has Cardea Bio raised? Cardea Bio has raised $8.9M across 2 rounds since 2019. ### When did Cardea Bio last raise? Cardea Bio's most recent round was a Grant of $1.1M in May 2022. ### What was Cardea Bio's biggest round? Cardea Bio's largest round on record is $7.8M (Series A), in Mar 2019, led by Alexandria Real Estate Equities. ### Who backed Cardea Bio first? Cardea Bio's first round on record, in Mar 2019, was backed by Alexandria Real Estate Equities and Serra Ventures. ### What stage is Cardea Bio at? Cardea Bio's latest named round is a Grant, in May 2022. ### Where is Cardea Bio based? Cardea Bio is based in the United States. ### Who led Cardea Bio's rounds? Alexandria Real Estate Equities led the Series A in 2019. ## Companies like Cardea Bio In the same sector, and raised in the last eighteen months. 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