# HotSpot Therapeutics funding: rounds and investors > HotSpot Therapeutics has raised $145M across 2 rounds since 2018. Investors include B Capital, Sofinnova Partners and Sofinnova Investments. Source: https://millionrounds.com/company/hotspot-therapeutics (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # Who invested in *HotSpot Therapeutics* 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 Pharma Funding summary Updated 26 Oct 2026 **$145M** raised across 2 rounds since 2018, from 2 sources **$45M** Series A **$100M** Series C - **Latest round:** Series C, $100M Nov 2021 - **Step-up i:** 2.2× - **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. 2019 2020 2021 **$45M** Series A **$100M** Series C - **First round:** Series A, $45M - **Biggest round:** $100M - **Between rounds:** 3.3 years ## The rounds - **Nov 2021** Series C **$100M** *4 new* [B Capital](https://millionrounds.com/fund/b-capital) [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) [SR One](https://millionrounds.com/fund/sr-one) [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) Source recorded - **Jul 2018** Series A **$45M** *2 new* [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) [Atlas](https://millionrounds.com/fund/atlas-2) Reported by FinSMEs ## Founders and team From HotSpot Therapeutics's own website: 1 founder, 4 on the team. **Jonathan Montagu** Co-Founder and Chief Executive Officer - **Andrew Morton** Senior Vice President, Finance - **Eva Jack** Chief Operating Officer - **Graziano Seghezzi** Director - **Jill Carroll** Director ## 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** 2018 **Series C** 2021 [B Capital](https://millionrounds.com/fund/b-capital) [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) [SR One](https://millionrounds.com/fund/sr-one) [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) [Atlas](https://millionrounds.com/fund/atlas-2) ## Everyone who backed them [B Capital](https://millionrounds.com/fund/b-capital) VC firm **1** round [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) VC firm **1** round [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) VC firm **1** round [SR One](https://millionrounds.com/fund/sr-one) Corporate VC **1** round [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) Private equity **1** round [Atlas](https://millionrounds.com/fund/atlas-2) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=hotspot-therapeutics). ## Also claim to have backed them These 2 firms list HotSpot Therapeutics as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Atlas Venture](https://millionrounds.com/fund/atlas-venture) VC firm Per its own site [Solasta Ventures](https://millionrounds.com/fund/solasta-ventures) VC firm Per its own site ## Quick answers about HotSpot Therapeutics ### Who invested in HotSpot Therapeutics? HotSpot Therapeutics's investors include B Capital, Sofinnova Partners, Sofinnova Investments, SR One and Pavilion Capital, and 1 more on record. ### How much has HotSpot Therapeutics raised? HotSpot Therapeutics has raised $145M across 2 rounds since 2018. ### When did HotSpot Therapeutics last raise? HotSpot Therapeutics's most recent round was a Series C of $100M in Nov 2021. ### What was HotSpot Therapeutics's biggest round? Its most recent round, $100M in Nov 2021, is also its largest on record. ### Who backed HotSpot Therapeutics first? HotSpot Therapeutics's first round on record, in Jul 2018, was backed by Sofinnova Investments and Atlas. ### What stage is HotSpot Therapeutics at? HotSpot Therapeutics's latest named round is a Series C, in Nov 2021. ### Where is HotSpot Therapeutics based? HotSpot Therapeutics is based in the United States. ## Companies like HotSpot 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) ## 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