# Forendo Pharma funding: rounds and investors > Forendo Pharma has raised $20M across 2 rounds since 2014. Investors include Novo Holdings, Novartis Venture Fund and Novartis. Every round with its source. Source: https://millionrounds.com/company/forendo-pharma (Millionrounds; every figure on the page links to its filing or article) Finland · [Funded startup](https://millionrounds.com/companies) # Who invested in *Forendo Pharma* 2 rounds we have observed, with the 6 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 **$20M** raised across 2 rounds since 2014, from 3 sources **$15M** Series A **$5.0M** Round - **Latest round:** Round, $5.0M Jul 2019 - **Biggest round:** $15M Series A · Oct 2014 - **Investors:** 6 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. 2015 2016 2017 2018 2019 **$15M** Series A **$5.0M** Round - **First round:** Series A, $15M - **Biggest round:** $15M - **Between rounds:** 4.8 years ## The rounds - **Jul 2019** Round **$5.0M** *4 new* [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Novartis](https://millionrounds.com/fund/novartis) [Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures) [Innovestor](https://millionrounds.com/fund/innovestor) Reported by Pharmiweb and 1 other - **Oct 2014** Series A **$15M** *2 new* [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) [MS Ventures](https://millionrounds.com/fund/ms-ventures) From a historical funding record ## 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** 2014 **Round** 2019 [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) [Novartis](https://millionrounds.com/fund/novartis) [Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures) [Innovestor](https://millionrounds.com/fund/innovestor) [MS Ventures](https://millionrounds.com/fund/ms-ventures) ## Everyone who backed them [Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **1** round [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) Corporate VC **1** round [Novartis](https://millionrounds.com/fund/novartis) VC firm **1** round [Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures) VC firm **1** round [Innovestor](https://millionrounds.com/fund/innovestor) Angel network **1** round [MS Ventures](https://millionrounds.com/fund/ms-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=forendo-pharma). ## Quick answers about Forendo Pharma ### Who invested in Forendo Pharma? Forendo Pharma's investors include Novo Holdings, Novartis Venture Fund, Novartis, Sunstone Life Science Ventures and Innovestor, and 1 more on record. ### How much has Forendo Pharma raised? Forendo Pharma has raised $20M across 2 rounds since 2014. ### When did Forendo Pharma last raise? Forendo Pharma's most recent round was an Undisclosed round of $5.0M in Jul 2019. ### What was Forendo Pharma's biggest round? Forendo Pharma's largest round on record is $15M (Series A), in Oct 2014. ### Who backed Forendo Pharma first? Forendo Pharma's first round on record, in Oct 2014, was backed by Novartis Venture Fund and MS Ventures. ### What stage is Forendo Pharma at? Forendo Pharma's latest named round is an Undisclosed round, in Jul 2019. ### Where is Forendo Pharma based? Forendo Pharma is based in Finland. ## Companies like Forendo Pharma In the same sector, and raised in the last eighteen months. [**Kasvu Therapeutics** $34M · Sept 2026](https://millionrounds.com/company/kasvu-therapeutics)[**Perfat Technologies** $5.8M · Jul 2026](https://millionrounds.com/company/perfat-technologies)[**Cornea Sense** $1.3M · Jul 2026](https://millionrounds.com/company/cornea-sense)[**CurifyLabs** $21M · Jul 2026](https://millionrounds.com/company/curifylabs)[**Solar Foods** $56M · Jun 2026](https://millionrounds.com/company/solar-foods)[**Algorithmiq** $37M · May 2026](https://millionrounds.com/company/algorithmiq) ## 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