# Dunad Therapeutics funding: rounds and investors

> Dunad Therapeutics has raised $38M across 3 rounds since 2021. Investors include Novartis. Every round with its source.

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

United Kingdom · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Dunad Therapeutics*

3 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

Funding summary Updated 26 Oct 2026

**$38M** raised across 3 rounds since 2021, from 3 sources

**$24M** Series A **$13M** Round **$547K** Round

- **Latest round:** Round, $547K May 2025
- **Biggest round:** $24M Series A · Nov 2021
- **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.

2022 2023 2024 2025

**$24M** Series A

**$13M** Round

**$547K** Round

- **First round:** Series A, $24M
- **Biggest round:** $24M
- **Usual gap between rounds:** 2.8 years

## The rounds

- **May 2025** Round **$547K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Aug 2024** Round **$13M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2021** Series A **$24M** *1 new* [Novartis](https://millionrounds.com/fund/novartis) Source recorded

## Funding filed with regulators

Dunad Therapeutics filed 3 raises, $27M in all. Filings say how much was sold and to how many investors; they never name the investors.

- May 2025 **$547K** UK share allotment
- Aug 2024 **$13M** UK share allotment
- Oct 2021 **$13M** UK share allotment

## Everyone who backed them

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

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

## Quick answers about Dunad Therapeutics

### Who invested in Dunad Therapeutics?

Dunad Therapeutics's investors include Novartis.

### How much has Dunad Therapeutics raised?

Dunad Therapeutics has raised $38M across 3 rounds since 2021.

### When did Dunad Therapeutics last raise?

Dunad Therapeutics's most recent round, $547K, was in May 2025.

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

Dunad Therapeutics's largest round on record is $24M (Series A), in Nov 2021.

### Who backed Dunad Therapeutics first?

Dunad Therapeutics's first round on record, in Nov 2021, was backed by Novartis.

### What stage is Dunad Therapeutics at?

Dunad Therapeutics's latest named round is a Series A, in Nov 2021.

### Where is Dunad Therapeutics based?

Dunad Therapeutics is based in the United Kingdom.

## Companies like Dunad Therapeutics

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

[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Bactobio** $18M · Oct 2026](https://millionrounds.com/company/bactobio)[**RHYTHM AI** $23M · Sept 2026](https://millionrounds.com/company/rhythm-ai)

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