# Incyclix Bio funding: rounds and investors

> Incyclix Bio has raised $16M across 2 rounds since 2025. Investors include RA Capital Management, Eli Lilly and Hatteras Venture Partners.

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

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

# Who invested in *Incyclix Bio*

2 rounds we have observed, with the 3 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 7 months ago

Funding summary Updated 26 Oct 2026

**$16M** raised across 2 rounds since 2025, from 2 sources

**$11M** Series B **$5.0M** Series B

- **Latest round:** Series B, $5.0M Apr 2026
- **Biggest round:** $11M Series B · Aug 2025
- **Investors:** 3

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

**$11M** Series B

**$5.0M** Series B

- **First round:** Series B, $11M
- **Biggest round:** $11M
- **Between rounds:** 8 months

## The rounds

- **Apr 2026** Series B **$5.0M** *1 new* *2 returning* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) [Hatteras Venture Partners](https://millionrounds.com/fund/hatteras-venture-partners) Source recorded
- **Aug 2025** Series B **$11M** *2 new* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) Source recorded SEC filing: $11M sold, first sale Aug 2025

## 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** 2025 **Series B** 2026 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) [Hatteras Venture Partners](https://millionrounds.com/fund/hatteras-venture-partners)

## Everyone who backed them

[RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **2** rounds

[Eli Lilly](https://millionrounds.com/fund/eli-lilly) Corporate VC **2** rounds

[Hatteras Venture Partners](https://millionrounds.com/fund/hatteras-venture-partners) VC firm **1** round

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

## Also claim to have backed them

This firm lists Incyclix 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.

[Cape Fear BioCapital](https://millionrounds.com/fund/cape-fear-biocapital) VC firm Per its own site

## Quick answers about Incyclix Bio

### Who invested in Incyclix Bio?

Incyclix Bio's investors include RA Capital Management, Eli Lilly and Hatteras Venture Partners.

### How much has Incyclix Bio raised?

Incyclix Bio has raised $16M across 2 rounds since 2025.

### When did Incyclix Bio last raise?

Incyclix Bio's most recent round was a Series B of $5.0M in Apr 2026.

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

Incyclix Bio's largest round on record is $11M (Series B), in Aug 2025.

### Who backed Incyclix Bio first?

Incyclix Bio's first round on record, in Aug 2025, was backed by RA Capital Management and Eli Lilly.

### What stage is Incyclix Bio at?

Incyclix Bio's latest named round is a Series B, in Apr 2026.

### Where is Incyclix Bio based?

Incyclix Bio is based in the United States.

## Companies like Incyclix 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)

## 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