# Elicio Therapeutics funding: rounds and investors

> Elicio Therapeutics has raised $78M across 3 rounds since 2019. Investors include EFung Capital, Livzon Mabpharm and Biotechnology Industries.

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

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

# Who invested in *Elicio Therapeutics*

3 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

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$78M** raised across 3 rounds since 2019, from 3 sources

**$30M** Round **$33M** Series B **$15M** Round

- **Latest round:** Round, $15M Jul 2026
- **Biggest round:** $33M Series B · Oct 2019
- **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.

2019 2020 2021 2022 2023 2024 2025 2026

**$30M** Round

**$33M** Series B

**$15M** Round

- **First round:** Round, $30M
- **Biggest round:** $33M
- **Usual gap between rounds:** 6.8 years

## The rounds

- **Jul 2026** Round **$15M** No investor was named in the report. Source recorded
- **Oct 2019** Series B **$33M** *3 new* [EFung Capital](https://millionrounds.com/fund/efung-capital) [Livzon Mabpharm](https://millionrounds.com/fund/livzon-mabpharm) Biotechnology Industries Reported by FinSMEs SEC filing: $7.0M sold, first sale Sept 2019
- **Mar 2019** Round **$30M** No investor was named in the report. Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 4 on the team.

- **Brian Piekos** Executive Officer i
- **Christopher Haqq** Executive Officer i
- **Peter DeMuth** Executive Officer i
- **Robert Connelly** Executive Officer, Director i

On the board, as filed i *Allen Nissenson* *Carol Ashe* *Jay Venkatesan* *Julian Adams* *Karen Wilson* *Robert Ruffolo* *Yekaterina Chudnovsky*

## 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** 2019 **Series B** 2019 **Round** 2026 [EFung Capital](https://millionrounds.com/fund/efung-capital) [Livzon Mabpharm](https://millionrounds.com/fund/livzon-mabpharm) Biotechnology Industries

## Everyone who backed them

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

[Livzon Mabpharm](https://millionrounds.com/fund/livzon-mabpharm) Corporate VC **1** round

Biotechnology Industries 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=elicio-therapeutics).

## Quick answers about Elicio Therapeutics

### Who invested in Elicio Therapeutics?

Elicio Therapeutics's investors include EFung Capital, Livzon Mabpharm and Biotechnology Industries.

### How much has Elicio Therapeutics raised?

Elicio Therapeutics has raised $78M across 3 rounds since 2019.

### When did Elicio Therapeutics last raise?

Elicio Therapeutics's most recent round was an Undisclosed round of $15M in Jul 2026.

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

Elicio Therapeutics's largest round on record is $33M (Series B), in Oct 2019.

### Who backed Elicio Therapeutics first?

Elicio Therapeutics's first round on record, in Oct 2019, was backed by EFung Capital, Livzon Mabpharm and Biotechnology Industries.

### What stage is Elicio Therapeutics at?

Elicio Therapeutics's latest named round is an Undisclosed round, in Jul 2026.

### Where is Elicio Therapeutics based?

Elicio Therapeutics is based in the United States.

## Companies like Elicio 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)

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