# Caspian Therapeutics funding: rounds and investors

> Caspian Therapeutics has raised $50M across 1 round since 2026. Investors include BVF Partners, Invus and Eli Lilly. Every round with its source.

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

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

# Who invested in *Caspian Therapeutics*

One round we have observed, with the 8 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 Healthcare Pharma

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$50M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series A, $50M Sept 2026
- **Led by:** BVF Partners
- **Investors:** 8 (1 led)

See who backed them

## The rounds

- **Sept 2026** Series A **$50M** [BVF Partners](https://millionrounds.com/fund/bvf-partners) Lead [Invus](https://millionrounds.com/fund/invus) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) [T1D Fund](https://millionrounds.com/fund/t1d-fund) [Kura Oncology](https://millionrounds.com/fund/kura-oncology) [Montanova](https://millionrounds.com/fund/montanova) [Biotech Entrepreneurs](https://millionrounds.com/fund/biotech-entrepreneurs) [members of Kura's leadership team](https://millionrounds.com/fund/members-of-kura-s-leadership-team) Reported by QRM Capital SEC filing: $50M sold

## Everyone who backed them

[BVF Partners](https://millionrounds.com/fund/bvf-partners) VC firm **1** round, led 1

[Invus](https://millionrounds.com/fund/invus) Private equity **1** round

[Eli Lilly](https://millionrounds.com/fund/eli-lilly) Corporate VC **1** round

[T1D Fund](https://millionrounds.com/fund/t1d-fund) Corporate VC **1** round

[Biotech Entrepreneurs](https://millionrounds.com/fund/biotech-entrepreneurs) VC firm **1** round

[Kura Oncology](https://millionrounds.com/fund/kura-oncology) VC firm **1** round

[members of Kura's leadership team](https://millionrounds.com/fund/members-of-kura-s-leadership-team) VC firm **1** round

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

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

## Quick answers about Caspian Therapeutics

### Who invested in Caspian Therapeutics?

Caspian Therapeutics's investors include BVF Partners, Invus, Eli Lilly, T1D Fund and Biotech Entrepreneurs, and 3 more on record. BVF Partners led its latest round.

### How much has Caspian Therapeutics raised?

Caspian Therapeutics has raised $50M across 1 round since 2026.

### When did Caspian Therapeutics last raise?

Caspian Therapeutics's most recent round was a Series A of $50M in Sept 2026, led by BVF Partners.

### What was Caspian Therapeutics's biggest round?

Its most recent round, $50M in Sept 2026, is also its largest on record.

### Who backed Caspian Therapeutics first?

Caspian Therapeutics's first round on record, in Sept 2026, was backed by BVF Partners, Invus and Eli Lilly and 5 others.

### What stage is Caspian Therapeutics at?

Caspian Therapeutics's latest named round is a Series A, in Sept 2026.

### Who led Caspian Therapeutics's rounds?

BVF Partners led the Series A in 2026.

## Companies like Caspian Therapeutics

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

[**Cloverleaf Bio** $33M · Sept 2026](https://millionrounds.com/company/cloverleaf-bio)[**Cheiron** $8.0M · Jul 2026](https://millionrounds.com/company/cheiron)[**Tavo Biotherapeutics** $17M · Jun 2026](https://millionrounds.com/company/tavo-biotherapeutics)[**Hera** $29M · Jun 2026](https://millionrounds.com/company/hera)[**Countable Labs** $26M · May 2026](https://millionrounds.com/company/countable-labs)[**Musely** $360M · May 2026](https://millionrounds.com/company/musely)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app