# Chondrial Therapeutics funding: rounds and investors

> Chondrial Therapeutics has raised $27M across 2 rounds since 2014. Investors include LD Capital and Deerfield. Every round with its source.

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

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

# Who invested in *Chondrial Therapeutics*

2 rounds we have observed, with the 2 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

**$27M** raised across 2 rounds since 2014, from 2 sources

**$1.0M** Debt **$26M** Series B

- **Latest round:** Series B, $26M May 2019
- **Step-up i:** 25.8×
- **Investors:** 2

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.

2014 2015 2016 2017 2018 2019

**$1.0M** Debt

**$26M** Series B

- **First round:** Debt, $1.0M
- **Biggest round:** $26M
- **Between rounds:** 5.2 years

## The rounds

- **May 2019** Series B **$26M** *2 new* [LD Capital](https://millionrounds.com/fund/xie) [Deerfield](https://millionrounds.com/fund/deerfield) Reported by Philly SEC filing: $26M sold, first sale Nov 2016
- **Mar 2014** Debt **$1.0M** No investor was named in the report. From a historical funding record SEC filing: $1.0M sold, first sale Mar 2014

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Ronald Mark Payne** Executive Officer, Director i
- **Steven Reed Plump** Executive Officer i

## 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.

**Debt** 2014 **Series B** 2019 [LD Capital](https://millionrounds.com/fund/xie) [Deerfield](https://millionrounds.com/fund/deerfield)

## Everyone who backed them

[LD Capital](https://millionrounds.com/fund/xie) VC firm **1** round

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

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

## Quick answers about Chondrial Therapeutics

### Who invested in Chondrial Therapeutics?

Chondrial Therapeutics's investors include LD Capital and Deerfield.

### How much has Chondrial Therapeutics raised?

Chondrial Therapeutics has raised $27M across 2 rounds since 2014.

### When did Chondrial Therapeutics last raise?

Chondrial Therapeutics's most recent round was a Series B of $26M in May 2019.

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

Its most recent round, $26M in May 2019, is also its largest on record.

### Who backed Chondrial Therapeutics first?

Chondrial Therapeutics's first round on record, in May 2019, was backed by LD Capital and Deerfield.

### What stage is Chondrial Therapeutics at?

Chondrial Therapeutics's latest named round is a Series B, in May 2019.

### Where is Chondrial Therapeutics based?

Chondrial Therapeutics is based in the United States.

## Companies like Chondrial Therapeutics

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)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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