# Cullgen funding: rounds and investors

> Cullgen has raised $66M across 3 rounds since 2018. Investors include Highlight Capital, HSG and Sequoia Capital China. Every round with its source.

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

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

# Who invested in *Cullgen*

3 rounds we have observed, with the 5 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

**$66M** raised across 3 rounds since 2018, from 3 sources

**$15M** Round **$16M** Series A **$35M** Series C

- **Latest round:** Series C, $35M May 2023
- **Step-up i:** 2.2×
- **Investors:** 5

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.

2018 2019 2020 2021 2022 2023

**$15M** Round

**$16M** Series A

**$35M** Series C

- **First round:** Round, $15M
- **Biggest round:** $35M
- **Usual gap between rounds:** 4.1 years

## The rounds

- **May 2023** Series C **$35M** *2 new* *1 returning* [HSG](https://millionrounds.com/fund/hsg) [Highlight Capital](https://millionrounds.com/fund/highlight-capital) [3E Bioventures](https://millionrounds.com/fund/3e-bioventures) Source recorded
- **Apr 2019** Series A **$16M** *2 new* [Highlight Capital](https://millionrounds.com/fund/highlight-capital) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) Reported by FinSMEs
- **Mar 2018** Round **$15M** *1 new* GNI Group Reported by FinSMEs

## 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** 2018 **Series A** 2019 **Series C** 2023 [Highlight Capital](https://millionrounds.com/fund/highlight-capital) [HSG](https://millionrounds.com/fund/hsg) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) [3E Bioventures](https://millionrounds.com/fund/3e-bioventures) GNI Group

## Everyone who backed them

[Highlight Capital](https://millionrounds.com/fund/highlight-capital) VC firm **2** rounds

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

[Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) VC firm **1** round

[3E Bioventures](https://millionrounds.com/fund/3e-bioventures) VC firm **1** round

GNI Group no record of our own yet **1** round

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

## Quick answers about Cullgen

### Who invested in Cullgen?

Cullgen's investors include Highlight Capital, HSG, Sequoia Capital China, 3E Bioventures and GNI Group.

### How much has Cullgen raised?

Cullgen has raised $66M across 3 rounds since 2018.

### When did Cullgen last raise?

Cullgen's most recent round was a Series C of $35M in May 2023.

### What was Cullgen's biggest round?

Its most recent round, $35M in May 2023, is also its largest on record.

### Who backed Cullgen first?

Cullgen's first round on record, in Mar 2018, was backed by GNI Group.

### What stage is Cullgen at?

Cullgen's latest named round is a Series C, in May 2023.

### Where is Cullgen based?

Cullgen is based in the United States.

## Companies like Cullgen

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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