# Evolve BioSystems funding: rounds and investors > Evolve BioSystems has raised $124M across 4 rounds since 2015. Investors include Horizons Ventures, Bow Capital and ACRE. Every round with its source. Source: https://millionrounds.com/company/evolve-biosystems (Millionrounds; every figure on the page links to its filing or article) United States · [Series D startup](https://millionrounds.com/companies) # Who invested in *Evolve BioSystems* 4 rounds we have observed, with the 14 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 **$124M** raised across 4 rounds since 2015, from 4 sources **$9.0M** Series A **$20M** Series B **$40M** Series C **$55M** Series D - **Latest round:** Series D, $55M Feb 2021 - **Step-up i:** 1.4× - **Investors:** 14 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. 2016 2017 2018 2019 2020 2021 **$9.0M** Series A **$20M** Series B **$40M** Series C **$55M** Series D - **First round:** Series A, $9.0M - **Biggest round:** $55M - **Usual gap between rounds:** 21 months ## The rounds - **Feb 2021** Series D **$55M** *1 returning* [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) Source recorded - **Jun 2018** Series C **$40M** *7 new* *4 returning* [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) [JJDC](https://millionrounds.com/fund/jjdc) [Li Ka-shing](https://millionrounds.com/fund/li-ka-shing) [Bow Capital](https://millionrounds.com/fund/bow-capital) [Alta](https://millionrounds.com/fund/alta) [ACRE](https://millionrounds.com/fund/acre) [Spruce](https://millionrounds.com/fund/spruce) [Tate & Lyle](https://millionrounds.com/fund/tate-and-lyle) Arla Foods Continental Grain Reported by FinSMEs - **May 2017** Series B **$20M** *5 new* [Bow Capital](https://millionrounds.com/fund/bow-capital) [ACRE](https://millionrounds.com/fund/acre) [Tate & Lyle](https://millionrounds.com/fund/tate-and-lyle) [Spruce Capital Partners](https://millionrounds.com/fund/spruce-capital-partners-llc) MLS/ Horizons Reported by FinSMEs - **Aug 2015** Series A **$9.0M** *2 new* [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) [Tate & Lyle Ventures](https://millionrounds.com/fund/tate-and-lyle-ventures) From a historical funding record SEC filing: $9.0M sold, first sale Jul 2015 ## Founders and team From Evolve BioSystems's own website and the SEC filings it signed: 20 on the team. - **Mike Johnson** Chief Executive Officer - **Craig Pensabene** Vice President, Growth - **Jennifer Van Aken** Senior Vice President, Marketing - **Arlene Fosmer** Chief Science Officer - **Christian Bloomgren** Chief Commercial Officer - **Mandy Kennedy** Chief Commercial Officer & Chief of Staff - **Patrick Cormier** Chief Financial Officer - **Britta Heiss** VP - R&D - **Amanda Trovato** Quality Systems and Controls Manager - **Derek Gordon** Director, Business Analytics & Operations - **Fei MacLeod** Director, Brand Marketing - **Iris Streimish** Director, Clinical Implementation - **Lizabeth Kurjiaka** Director, Strategic Product Lead - **Melanie McNichol** Director, Commercial Marketing - **Morgan Stokes** Executive Director of Clinical Operations - **Sabrina Samson** Director, Marketing - **David J. Kyle** Executive Officer, Director i - **David J. Mills** Executive Officer i And 2 more on the team. On the board, as filed i *Anne Bruce Lo* *Catherine Bruce Mackey* *Daniel Bruce Janney* *J. Bruce German* *Simon Bruce Barnes* ## 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** 2015 **Series B** 2017 **Series C** 2018 **Series D** 2021 [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) [Bow Capital](https://millionrounds.com/fund/bow-capital) [ACRE](https://millionrounds.com/fund/acre) [Tate & Lyle](https://millionrounds.com/fund/tate-and-lyle) [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) [JJDC](https://millionrounds.com/fund/jjdc) [Li Ka-shing](https://millionrounds.com/fund/li-ka-shing) [Tate & Lyle Ventures](https://millionrounds.com/fund/tate-and-lyle-ventures) [Alta](https://millionrounds.com/fund/alta) [Spruce](https://millionrounds.com/fund/spruce) ## Everyone who backed them [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) VC firm **3** rounds [Bow Capital](https://millionrounds.com/fund/bow-capital) VC firm **2** rounds [ACRE](https://millionrounds.com/fund/acre) Private equity **2** rounds [Tate & Lyle](https://millionrounds.com/fund/tate-and-lyle) VC firm **2** rounds [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) Institutional LP **1** round [JJDC](https://millionrounds.com/fund/jjdc) Investment firm **1** round [Li Ka-shing](https://millionrounds.com/fund/li-ka-shing) Angel **1** round [Tate & Lyle Ventures](https://millionrounds.com/fund/tate-and-lyle-ventures) VC firm **1** round [Alta](https://millionrounds.com/fund/alta) VC firm **1** round [Spruce](https://millionrounds.com/fund/spruce) Hedge fund **1** round [Spruce Capital Partners](https://millionrounds.com/fund/spruce-capital-partners-llc) VC firm **1** round Arla Foods no record of our own yet **1** round Continental Grain no record of our own yet **1** round MLS/ Horizons 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=evolve-biosystems). ## Quick answers about Evolve BioSystems ### Who invested in Evolve BioSystems? Evolve BioSystems's investors include Horizons Ventures, Bow Capital, ACRE, Tate & Lyle and Gates Foundation, and 9 more on record. ### How much has Evolve BioSystems raised? Evolve BioSystems has raised $124M across 4 rounds since 2015. ### When did Evolve BioSystems last raise? Evolve BioSystems's most recent round was a Series D of $55M in Feb 2021. ### What was Evolve BioSystems's biggest round? Its most recent round, $55M in Feb 2021, is also its largest on record. ### Who backed Evolve BioSystems first? Evolve BioSystems's first round on record, in Aug 2015, was backed by Horizons Ventures and Tate & Lyle Ventures. ### What stage is Evolve BioSystems at? Evolve BioSystems's latest named round is a Series D, in Feb 2021. ### Where is Evolve BioSystems based? Evolve BioSystems is based in the United States. ## Companies like Evolve BioSystems 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