# Causaly funding: rounds and investors

> Causaly has raised $60M across 1 round since 2023. Investors include EBRD VC, Index Ventures and European Bank for Reconstruction and Development.

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

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

# Who invested in *Causaly*

One round we have observed, with the 5 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.

AI Biotech

Funding summary Updated 26 Oct 2026

**$60M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series B, $60M Jul 2023
- **Led by:** EBRD VC
- **Investors:** 5 (1 led)

See who backed them

## The rounds

- **Jul 2023** Series B **$60M** [EBRD VC](https://millionrounds.com/fund/ebrd-vc) Lead [Index Ventures](https://millionrounds.com/fund/index-ventures) [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) [Visionaries Club](https://millionrounds.com/fund/visionaries-club) Reported by EBRD Venture Capital SEC filing: $53M sold, first sale Jun 2023

## Founders and team

From Causaly's own website: 2 founders, 2 on the team.

**Yiannis Kiachopoulos** Co-founder & CEO

**Artur Saudabayev** Co-founder & CTO

- **Marco Costa** President & Chief Operating Officer
- **Liat Shtainberg** Vice President, People

## Everyone who backed them

[EBRD VC](https://millionrounds.com/fund/ebrd-vc) Growth equity **1** round, led 1

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

[European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) Private equity **1** round

[ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) Family office **1** round

[Visionaries Club](https://millionrounds.com/fund/visionaries-club) VC firm **1** round

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

## Also claim to have backed them

These 5 firms list Causaly 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.

[Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity Per its own site

[ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Family office Per its own site

[Emerge Education](https://millionrounds.com/fund/emerge-education) VC firm Per its own site

[Marathon Venture Capital](https://millionrounds.com/fund/marathon-venture-capital) VC firm Per its own site

[Emerge VC](https://millionrounds.com/fund/emerge-vc) VC firm Per its own site

## Quick answers about Causaly

### Who invested in Causaly?

Causaly's investors include EBRD VC, Index Ventures, European Bank for Reconstruction and Development, ICONIQ Capital and Visionaries Club. EBRD VC led its latest round.

### How much has Causaly raised?

Causaly has raised $60M across 1 round since 2023.

### When did Causaly last raise?

Causaly's most recent round was a Series B of $60M in Jul 2023, led by EBRD VC.

### What was Causaly's biggest round?

Its most recent round, $60M in Jul 2023, is also its largest on record.

### Who backed Causaly first?

Causaly's first round on record, in Jul 2023, was backed by EBRD VC, Index Ventures and European Bank for Reconstruction and Development and 2 others.

### What stage is Causaly at?

Causaly's latest named round is a Series B, in Jul 2023.

### Where is Causaly based?

Causaly is based in the United Kingdom.

### Who led Causaly's rounds?

EBRD VC led the Series B in 2023.

## Companies like Causaly

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

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)

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