# Cue Biopharma funding: rounds and investors

> Cue Biopharma has raised $76M across 2 rounds since 2017. Investors include B Capital, Cormorant Asset Management and MDB Capital Group.

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

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

# Who invested in *Cue Biopharma*

2 rounds we have observed, with the 3 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 Pharma

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$76M** raised across 2 rounds since 2017, from 2 sources

**$26M** Round **$50M** Round

- **Latest round:** Round, $50M Jul 2026
- **Step-up i:** 1.9×
- **Investors:** 3

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.

2017 2019 2021 2023 2025

**$26M** Round

**$50M** Round

- **First round:** Round, $26M
- **Biggest round:** $50M
- **Between rounds:** 9.4 years

## The rounds

- **Jul 2026** Round **$50M** *2 new* [B Capital](https://millionrounds.com/fund/b-capital) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Source recorded SEC filing: $50M sold, first sale May 2026
- **Jan 2017** Round **$26M** *1 new* [MDB Capital Group](https://millionrounds.com/fund/mdb-capital-group) Reported by FinSMEs SEC filing: $16M sold, first sale Dec 2016

## Founders and team

From Cue Biopharma's own website: 4 on the team.

- **James M. Ahlers** Chief Financial Officer
- **Ron Oyston** Chief Administrative Officer
- **Daniel Camardo** Board Member
- **Viola Meehan** Board Member

## 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.

**Round** 2017 **Round** 2026 [B Capital](https://millionrounds.com/fund/b-capital) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [MDB Capital Group](https://millionrounds.com/fund/mdb-capital-group)

## Everyone who backed them

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

[Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Private equity **1** round

[MDB Capital Group](https://millionrounds.com/fund/mdb-capital-group) Investment firm **1** round

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

## Quick answers about Cue Biopharma

### Who invested in Cue Biopharma?

Cue Biopharma's investors include B Capital, Cormorant Asset Management and MDB Capital Group.

### How much has Cue Biopharma raised?

Cue Biopharma has raised $76M across 2 rounds since 2017.

### When did Cue Biopharma last raise?

Cue Biopharma's most recent round was an Undisclosed round of $50M in Jul 2026.

### What was Cue Biopharma's biggest round?

Its most recent round, $50M in Jul 2026, is also its largest on record.

### Who backed Cue Biopharma first?

Cue Biopharma's first round on record, in Jan 2017, was backed by MDB Capital Group.

### What stage is Cue Biopharma at?

Cue Biopharma's latest named round is an Undisclosed round, in Jul 2026.

### Where is Cue Biopharma based?

Cue Biopharma is based in the United States.

## Companies like Cue Biopharma

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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