# Ethyreal Bio funding: rounds and investors

> Ethyreal Bio has raised $161M across 2 rounds since 2026. Investors include Atlas Venture, Medicxi Ventures and Avoro Capital. Every round with its source.

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

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

# Who invested in *Ethyreal Bio*

2 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

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$161M** raised across 2 rounds since 2026, from 2 sources

**$60M** Series B **$101M** Series A

- **Latest round:** Series A, $101M Jun 2026
- **Led by:** Atlas Venture and Medicxi Ventures
- **Step-up i:** 1.7×
- **Investors:** 5 (2 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.

2026 2027

**$60M** Series B

**$101M** Series A

- **First round:** Series B, $60M
- **Biggest round:** $101M
- **Between rounds:** 5 months

## The rounds

- **Jun 2026** Series A **$101M** *4 new* *1 returning* [Atlas Venture](https://millionrounds.com/fund/atlas-venture) Lead [Medicxi Ventures](https://millionrounds.com/fund/medicxi-ventures) Lead [Avoro Capital](https://millionrounds.com/fund/avoro-capital) [Checkpoint Capital](https://millionrounds.com/fund/checkpoint-capital) [Nandi Life Sciences](https://millionrounds.com/fund/nandi-life-sciences) Reported by Firms' own news pages
- **Jan 2026** Series B **$60M** *1 new* [Atlas Venture](https://millionrounds.com/fund/atlas-venture) Source recorded

## 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 B** 2026 **Series A** 2026 [Atlas Venture](https://millionrounds.com/fund/atlas-venture) L [Medicxi Ventures](https://millionrounds.com/fund/medicxi-ventures) L [Avoro Capital](https://millionrounds.com/fund/avoro-capital) [Checkpoint Capital](https://millionrounds.com/fund/checkpoint-capital) [Nandi Life Sciences](https://millionrounds.com/fund/nandi-life-sciences)

## Everyone who backed them

[Atlas Venture](https://millionrounds.com/fund/atlas-venture) VC firm **2** rounds, led 1

[Medicxi Ventures](https://millionrounds.com/fund/medicxi-ventures) VC firm **1** round, led 1

[Avoro Capital](https://millionrounds.com/fund/avoro-capital) Investment firm **1** round

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

[Nandi Life Sciences](https://millionrounds.com/fund/nandi-life-sciences) VC firm **1** round

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

## Also claim to have backed them

This firm lists Ethyreal Bio as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Avoro Capital Advi...](https://millionrounds.com/fund/avoro-capital-advi) Private equity Per its own site

## Quick answers about Ethyreal Bio

### Who invested in Ethyreal Bio?

Ethyreal Bio's investors include Atlas Venture, Medicxi Ventures, Avoro Capital, Checkpoint Capital and Nandi Life Sciences. Atlas Venture led its latest round.

### How much has Ethyreal Bio raised?

Ethyreal Bio has raised $161M across 2 rounds since 2026.

### When did Ethyreal Bio last raise?

Ethyreal Bio's most recent round was a Series A of $101M in Jun 2026, led by Atlas Venture.

### What was Ethyreal Bio's biggest round?

Its most recent round, $101M in Jun 2026, is also its largest on record.

### Who backed Ethyreal Bio first?

Ethyreal Bio's first round on record, in Jan 2026, was backed by Atlas Venture.

### What stage is Ethyreal Bio at?

Ethyreal Bio's latest named round is a Series A, in Jun 2026.

### Where is Ethyreal Bio based?

Ethyreal Bio is based in the United States.

### Who led Ethyreal Bio's rounds?

Atlas Venture led the Series A in 2026.

## Companies like Ethyreal Bio

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)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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