# HLS Therapeutics funding: rounds and investors

> HLS Therapeutics has raised $221M across 3 rounds since 2015. Investors include SVB Capital, JP Morgan and JP Morgan Chase. Every round with its source.

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

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

# Who invested in *HLS Therapeutics*

3 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

Funding summary Updated 26 Oct 2026

**$221M** raised across 3 rounds since 2015, from 3 sources

**$113M** Growth **$30M** Venture **$79M** Debt

- **Latest round:** Debt, $79M Aug 2024
- **Biggest round:** $113M Growth · Jul 2015
- **Step-up i:** 2.6×
- **Investors:** 5

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 2017 2019 2021 2023

**$113M** Growth

**$30M** Venture

**$79M** Debt

- **First round:** Growth, $113M
- **Biggest round:** $113M
- **Usual gap between rounds:** 8.9 years

## The rounds

- **Aug 2024** Debt **$79M** *5 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Source recorded
- **Aug 2015** Venture **$30M** No investor was named in the report. From a historical funding record SEC filing: $30M sold, first sale Aug 2015
- **Jul 2015** Growth **$113M** No investor was named in the report. From a historical funding record SEC filing: $113M sold, first sale Jul 2015

## 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.

**Growth** 2015 **Venture** 2015 **Debt** 2024 [SVB Capital](https://millionrounds.com/fund/svb-capital) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada)

## Everyone who backed them

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

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **1** round

[National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) Private equity **1** round

[Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Growth equity **1** round

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

## Also claim to have backed them

This firm lists HLS Therapeutics 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.

[Athyrium Capital Management](https://millionrounds.com/fund/athyrium-capital-management-lp) Private equity Per its own site

## Quick answers about HLS Therapeutics

### Who invested in HLS Therapeutics?

HLS Therapeutics's investors include SVB Capital, JP Morgan, JP Morgan Chase, National Bank of Canada and Royal Bank of Canada.

### How much has HLS Therapeutics raised?

HLS Therapeutics has raised $221M across 3 rounds since 2015.

### When did HLS Therapeutics last raise?

HLS Therapeutics's most recent round was a Debt of $79M in Aug 2024.

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

HLS Therapeutics's largest round on record is $113M (Growth), in Jul 2015.

### Who backed HLS Therapeutics first?

HLS Therapeutics's first round on record, in Aug 2024, was backed by SVB Capital, JP Morgan and JP Morgan Chase and 2 others.

### What stage is HLS Therapeutics at?

HLS Therapeutics's latest named round is a Debt, in Aug 2024.

### Where is HLS Therapeutics based?

HLS Therapeutics is based in Canada.

## Companies like HLS Therapeutics

In the same sector, and raised in the last eighteen months.

[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Helus Pharma** $50M · Sept 2026](https://millionrounds.com/company/helus-pharma)[**Cardiol Therapeutics** $7.0M · Sept 2026](https://millionrounds.com/company/cardiol-therapeutics)[**QurCan Therapeutics Inc.** $6.0M · Sept 2026](https://millionrounds.com/company/qurcan-therapeutics-inc)[**Ichor Agriculture** Jul 2026](https://millionrounds.com/company/ichor-agriculture)

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