# City Therapeutics funding: rounds and investors

> City Therapeutics has raised $235M across 2 rounds since 2024. Investors include Fidelity, ARCH Venture Partners and Invus. Every round with its source.

Source: https://millionrounds.com/company/city-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 *City Therapeutics*

2 rounds we have observed, with the 9 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 Pharma

Raised 5 months ago

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Funding summary Updated 5 Nov 2026

**$235M** raised across 2 rounds since 2024, from 2 sources

**$135M** Series A **$100M** Series B

- **Latest round:** Series B, $100M Jun 2026
- **Led by:** Sofinnova Investments and Viking Global
- **Biggest round:** $135M Series A · Oct 2024
- **Investors:** 9 (2 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.

2025 2026

**$135M** Series A

**$100M** Series B

- **First round:** Series A, $135M
- **Biggest round:** $135M
- **Between rounds:** 20 months

## The rounds

- **Jun 2026** Series B **$100M** *6 new* *3 returning* [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) Lead [Viking Global](https://millionrounds.com/fund/viking-global-investors) Lead [Fidelity](https://millionrounds.com/fund/fidelity) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Invus](https://millionrounds.com/fund/invus) [Casdin Capital](https://millionrounds.com/fund/casdin-capital) [Rock Springs Capital](https://millionrounds.com/fund/rock-springs-capital) [Regeneron Ventures](https://millionrounds.com/fund/regeneron-ventures) [NYBC Ventures](https://millionrounds.com/fund/nybc-ventures) Reported by Ventureburn
- **Oct 2024** Series A **$135M** *3 new* [Fidelity](https://millionrounds.com/fund/fidelity) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Invus](https://millionrounds.com/fund/invus) Source recorded

## 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** 2024 **Series B** 2026 [Fidelity](https://millionrounds.com/fund/fidelity) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Invus](https://millionrounds.com/fund/invus) [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) L [Viking Global](https://millionrounds.com/fund/viking-global-investors) L [Casdin Capital](https://millionrounds.com/fund/casdin-capital) [Rock Springs Capital](https://millionrounds.com/fund/rock-springs-capital) [Regeneron Ventures](https://millionrounds.com/fund/regeneron-ventures) [NYBC Ventures](https://millionrounds.com/fund/nybc-ventures)

## Everyone who backed them

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **2** rounds

[ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) VC firm **2** rounds

[Invus](https://millionrounds.com/fund/invus) Private equity **2** rounds

[Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) VC firm **1** round, led 1

[Viking Global](https://millionrounds.com/fund/viking-global-investors) VC firm **1** round, led 1

[Casdin Capital](https://millionrounds.com/fund/casdin-capital) VC firm **1** round

[Rock Springs Capital](https://millionrounds.com/fund/rock-springs-capital) Hedge fund **1** round

[Regeneron Ventures](https://millionrounds.com/fund/regeneron-ventures) Growth equity **1** round

[NYBC Ventures](https://millionrounds.com/fund/nybc-ventures) Corporate VC **1** round

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

## Quick answers about City Therapeutics

### Who invested in City Therapeutics?

City Therapeutics's investors include Fidelity, ARCH Venture Partners, Invus, Sofinnova Investments and Viking Global, and 4 more on record. Sofinnova Investments led its latest round.

### How much has City Therapeutics raised?

City Therapeutics has raised $235M across 2 rounds since 2024.

### When did City Therapeutics last raise?

City Therapeutics's most recent round was a Series B of $100M in Jun 2026, led by Sofinnova Investments.

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

City Therapeutics's largest round on record is $135M (Series A), in Oct 2024.

### Who backed City Therapeutics first?

City Therapeutics's first round on record, in Oct 2024, was backed by Fidelity, ARCH Venture Partners and Invus.

### What stage is City Therapeutics at?

City Therapeutics's latest named round is a Series B, in Jun 2026.

### Where is City Therapeutics based?

City Therapeutics is based in the United States.

### Who led City Therapeutics's rounds?

Sofinnova Investments led the Series B in 2026.

## Companies like City Therapeutics

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

[**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)[**GPN Vaccines** $10B · Nov 2026](https://millionrounds.com/company/gpn-vaccines)[**Dren Bio** $375M · Oct 2026](https://millionrounds.com/company/dren-bio)[**Caravel Bio** $9.0M · Oct 2026](https://millionrounds.com/company/caravel-bio)[**DMC Biotechnologies** $19M · Oct 2026](https://millionrounds.com/company/dmc-biotechnologies)[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)

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