# Circio funding: rounds and investors

> Circio has raised $32M across 2 rounds since 2025. Investors include Innovation Norway. Every round with its source.

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

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

# Who invested in *Circio*

2 rounds we have observed, with the one investor 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

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$32M** raised across 2 rounds since 2025, from 2 sources

**$241K** Round **$32M** Round

- **Latest round:** Round, $32M Jun 2026
- **Step-up i:** 130.7×
- **Investors:** 1

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.

2026

**$241K** Round

**$32M** Round

- **First round:** Round, $241K
- **Biggest round:** $32M
- **Between rounds:** 13 months

## The rounds

- **Jun 2026** Round **$32M** *1 returning* [Innovation Norway](https://millionrounds.com/fund/innovation-norway) Source recorded
- **May 2025** Round **$241K** *1 new* [Innovation Norway](https://millionrounds.com/fund/innovation-norway) Source recorded

## Founders and team

From Circio's own website: 5 on the team.

- **Dr Erik Digman Wiklund** Chief Executive Officer
- **Dr Lubor Gaal** Chief Financial Officer
- **Dr Thomas Birkballe Hansen** Chief Technology Officer
- **Dr Victor Levitsky** Chief Scientific Officer
- **Ola Melin** Chief Operating Officer

## Everyone who backed them

[Innovation Norway](https://millionrounds.com/fund/innovation-norway) Government **2** rounds

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

## Quick answers about Circio

### Who invested in Circio?

Circio's investors include Innovation Norway.

### How much has Circio raised?

Circio has raised $32M across 2 rounds since 2025.

### When did Circio last raise?

Circio's most recent round was an Undisclosed round of $32M in Jun 2026.

### What was Circio's biggest round?

Its most recent round, $32M in Jun 2026, is also its largest on record.

### Who backed Circio first?

Circio's first round on record, in May 2025, was backed by Innovation Norway.

### What stage is Circio at?

Circio's latest named round is an Undisclosed round, in Jun 2026.

### Where is Circio based?

Circio is based in Norway.

## Companies like Circio

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

[**Zelluna Immunotherapy** $6.1M · Jun 2026](https://millionrounds.com/company/zelluna-immunotherapy)[**Alginor ASA** $43M · Oct 2025](https://millionrounds.com/company/alginor-asa)[**Aurora Analytica** $50K · Oct 2025](https://millionrounds.com/company/aurora-analytica)[**Kinish** $35M · Oct 2026](https://millionrounds.com/company/kinish)[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Aribio** Oct 2026](https://millionrounds.com/company/aribio)

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