# Kanvas Biosciences funding: rounds and investors

> Kanvas Biosciences has raised $61M across 2 rounds since 2024. Investors include DCVC, Lions Capital and Alumni Ventures. Every round with its source.

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

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

# Who invested in *Kanvas Biosciences*

2 rounds we have observed, with the 7 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 6 months ago

Funding summary Updated 26 Oct 2026

**$61M** raised across 2 rounds since 2024, from 3 sources

**$13M** Series A **$48M** Series A

- **Latest round:** Series A, $48M May 2026
- **Led by:** Lions Capital
- **Step-up i:** 3.8×
- **Investors:** 7 (1 led)

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.

2025 2026

**$13M** Series A

**$48M** Series A

- **First round:** Series A, $13M
- **Biggest round:** $48M
- **Between rounds:** 22 months

## The rounds

- **May 2026** Series A **$48M** *6 new* *1 returning* [Lions Capital](https://millionrounds.com/fund/lions-capital) Lead [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [DCVC](https://millionrounds.com/fund/data-collective) [Mana Ventures](https://millionrounds.com/fund/mana-ventures) [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) [Zeon Ventures](https://millionrounds.com/fund/zeon-ventures) Reported by Firms' own news pages and 1 other
- **Jul 2024** Series A **$13M** *1 new* [DCVC](https://millionrounds.com/fund/data-collective) Source recorded SEC filing: $3.9M sold, first sale Mar 2024

## Founders and team

From Kanvas Biosciences's own website and the SEC filings it signed: 1 founder, 6 on the team.

**Matthew P. Cheng** Co-founder and Chief Technical Officer *Named on its 2024 Form D*

- **Phil Burnham** Chief Development Officer
- **Hao Shi** Chief Scientific Officer
- **Kyle Jacoby** VP Process Development and Manufacturing
- **Lee Swem** VP Business Development
- **Marguerite Prior** VP Clinical Research
- **Steve Kujawa** VP Regulatory Affairs & Quality Assurance

On the board, as filed i *Jason Pontin* *Paul Theunissen*

Advisers *Aditya Bhalla*

## 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** 2024 **Series A** 2026 [DCVC](https://millionrounds.com/fund/data-collective) [Lions Capital](https://millionrounds.com/fund/lions-capital) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [Mana Ventures](https://millionrounds.com/fund/mana-ventures) [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) [Zeon Ventures](https://millionrounds.com/fund/zeon-ventures)

## Everyone who backed them

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **2** rounds

[Lions Capital](https://millionrounds.com/fund/lions-capital) VC firm **1** round, led 1

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[Mana Ventures](https://millionrounds.com/fund/mana-ventures) VC firm **1** round

[Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) Institutional LP **1** round

[Zeon Ventures](https://millionrounds.com/fund/zeon-ventures) Corporate VC **1** round

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

## Also claim to have backed them

These 2 firms list Kanvas Biosciences 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.

[FemHealth Ventures](https://millionrounds.com/fund/femhealth-ventures) VC firm Per its own site

[Kicker Ventures](https://millionrounds.com/fund/kicker-ventures-2) VC firm Per its own site

## Quick answers about Kanvas Biosciences

### Who invested in Kanvas Biosciences?

Kanvas Biosciences's investors include DCVC, Lions Capital, Alumni Ventures, Gaingels and Mana Ventures, and 2 more on record. Lions Capital led its latest round.

### How much has Kanvas Biosciences raised?

Kanvas Biosciences has raised $61M across 2 rounds since 2024.

### When did Kanvas Biosciences last raise?

Kanvas Biosciences's most recent round was a Series A of $48M in May 2026, led by Lions Capital.

### What was Kanvas Biosciences's biggest round?

Its most recent round, $48M in May 2026, is also its largest on record.

### Who backed Kanvas Biosciences first?

Kanvas Biosciences's first round on record, in Jul 2024, was backed by DCVC.

### What stage is Kanvas Biosciences at?

Kanvas Biosciences's latest named round is a Series A, in May 2026.

### Where is Kanvas Biosciences based?

Kanvas Biosciences is based in the United States.

### Who led Kanvas Biosciences's rounds?

Lions Capital led the Series A in 2026.

## Companies like Kanvas Biosciences

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)

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