# CND Life Sciences funding: rounds and investors

> CND Life Sciences has raised $17M across 2 rounds since 2025. Investors include National Institutes of Health. Every round with its source.

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

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

# Who invested in *CND Life Sciences*

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 3 months ago

Funding summary Updated 26 Oct 2026

**$17M** raised across 2 rounds since 2025, from 2 sources

**$3.0M** Grant **$14M** Growth

- **Latest round:** Growth, $14M Aug 2026
- **Step-up i:** 4.5×
- **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

**$3.0M** Grant

**$14M** Growth

- **First round:** Grant, $3.0M
- **Biggest round:** $14M
- **Between rounds:** 10 months

## The rounds

- **Aug 2026** Growth **$14M** *1 returning* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Source recorded SEC filing: $6.3M sold, first sale Jun 2026
- **Oct 2025** Grant **$3.0M** *1 new* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Source recorded

## Founders and team

From CND Life Sciences's own website: 20 on the team.

- **Richard J. Morello** Chief Executive Officer
- **Sowmya Arunkumar** Senior Vice President, Regulatory Affairs and Quality Assurance
- **Hernan Lopez** Chief Operating Officer
- **Bryan May** VP, Information Technology
- **Alex Radivoyevich** Director of IT
- **Bailey Bellaire** Director, Digital Pathology Operations & Process Engineering
- **Brandy Maschhaupt** Director, Clinical Study Operations
- **Jack Seaver** Board Director
- **Jade Stohl** Clinical Program Manager
- **Janine Feng** Senior Pathology Consultant
- **Jeannie Farnsworth** Senior Director, Clinical Research and Biomarker Services
- **Jennifer Whitney** Director, Brand Marketing
- **Jimmie Evans** Laboratory Director
- **Karina Solis** Director, Billing Services & Operations
- **Kathryn Van Wie** General Counsel & SVP, Growth & Market Access
- **Mackenzie Troutman** Director, Clinical Services
- **Peter Harris** Board Chair
- **Steve Mastrian** Director, Research Operations

And 2 more on the team.

## Everyone who backed them

[National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **2** rounds

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

## Also claim to have backed them

These 2 firms list CND Life Sciences 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.

[MBX Capital](https://millionrounds.com/fund/mbx-capital) VC firm Per its own site

[BlueStone Venture Partners](https://millionrounds.com/fund/bluestone-venture-partners) VC firm Per its own site

## Quick answers about CND Life Sciences

### Who invested in CND Life Sciences?

CND Life Sciences's investors include National Institutes of Health.

### How much has CND Life Sciences raised?

CND Life Sciences has raised $17M across 2 rounds since 2025.

### When did CND Life Sciences last raise?

CND Life Sciences's most recent round was a Growth of $14M in Aug 2026.

### What was CND Life Sciences's biggest round?

Its most recent round, $14M in Aug 2026, is also its largest on record.

### Who backed CND Life Sciences first?

CND Life Sciences's first round on record, in Oct 2025, was backed by National Institutes of Health.

### What stage is CND Life Sciences at?

CND Life Sciences's latest named round is a Growth, in Aug 2026.

### Where is CND Life Sciences based?

CND Life Sciences is based in the United States.

## Companies like CND Life Sciences

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

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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