# Dyne Therapeutics funding: rounds and investors > Dyne Therapeutics has raised $828M across 3 rounds since 2019. Investors include Forbion Capital Partners, Wellington Management and Franklin Templeton. Source: https://millionrounds.com/company/dyne-therapeutics (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Dyne Therapeutics* 3 rounds we have observed, with the 7 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 Raised 4 months ago Funding summary Updated 26 Oct 2026 **$828M** raised across 3 rounds since 2019, from 3 sources **$50M** Series A **$403M** Round **$375M** Round - **Latest round:** Round, $375M Jul 2026 - **Biggest round:** $403M Round · Dec 2025 - **Investors:** 7 (1 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. 2019 2020 2021 2022 2023 2024 2025 2026 **$50M** Series A **$403M** Round **$375M** Round - **First round:** Series A, $50M - **Biggest round:** $403M - **Usual gap between rounds:** 6.7 years ## The rounds - **Jul 2026** Round **$375M** *1 new* *3 returning* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) Source recorded - **Dec 2025** Round **$403M** *3 new* *1 returning* [Wellington Management](https://millionrounds.com/fund/wellington-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [Hercules Capital](https://millionrounds.com/fund/hercules-capital) Source recorded - **Apr 2019** Series A **$50M** *3 new* [Atlas Venture](https://millionrounds.com/fund/atlas-venture) Lead [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) MPM Reported by FinSMEs ## Founders and team From Dyne Therapeutics's own website and the SEC filings it signed: 14 on the team. - **Alessandro Martuscelli** Chief Legal Officer - **Debra Feldman** Chief Regulatory Affairs Officer - **Erick J. Lucera** Chief Financial Officer - **Johanna Friedl-Naderer** Chief Commercial Officer - **José Juves** Chief Corporate & Patient Affairs Officer - **Lucia Celona** Chief Human Resources Officer - **Monica Fay** Chief Medical Affairs Officer - **Raj Manchanda** Chief Technical Officer - **Jason Rhodes** Chairman - **Jonathan McNeill** Executive Officer i - **Joshua Brumm** Executive Officer, Director i - **Oxana Beskrovnaya** Executive Officer i - **Richard Scalzo** Executive Officer i - **Romesh Subramanian** Executive Officer i On the board, as filed i *David Lubner* *Dirk Kersten* *Edward Hurwitz* *Lawrence Klein* Advisers *Catherine Stehman-Breen* ## 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** 2019 **Round** 2025 **Round** 2026 [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Atlas Venture](https://millionrounds.com/fund/atlas-venture) L [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Hercules Capital](https://millionrounds.com/fund/hercules-capital) MPM ## Everyone who backed them [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) Private equity **3** rounds [Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **2** rounds [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **2** rounds [Atlas Venture](https://millionrounds.com/fund/atlas-venture) VC firm **1** round, led 1 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **1** round [Hercules Capital](https://millionrounds.com/fund/hercules-capital) Venture debt **1** round MPM 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=dyne-therapeutics). ## Quick answers about Dyne Therapeutics ### Who invested in Dyne Therapeutics? Dyne Therapeutics's investors include Forbion Capital Partners, Wellington Management, Franklin Templeton, Atlas Venture and RA Capital Management, and 2 more on record. ### How much has Dyne Therapeutics raised? Dyne Therapeutics has raised $828M across 3 rounds since 2019. ### When did Dyne Therapeutics last raise? Dyne Therapeutics's most recent round was an Undisclosed round of $375M in Jul 2026. ### What was Dyne Therapeutics's biggest round? Dyne Therapeutics's largest round on record is $403M (Undisclosed round), in Dec 2025. ### Who backed Dyne Therapeutics first? Dyne Therapeutics's first round on record, in Apr 2019, was backed by Atlas Venture, Forbion Capital Partners and MPM. ### What stage is Dyne Therapeutics at? Dyne Therapeutics's latest named round is an Undisclosed round, in Jul 2026. ### Where is Dyne Therapeutics based? Dyne Therapeutics is based in the United States. ### Who led Dyne Therapeutics's rounds? Atlas Venture led the Series A in 2019. ## Companies like Dyne Therapeutics 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) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app