# Karuna funding: rounds and investors

> Karuna has raised $20M across 2 rounds since 2018. Investors include Sofinnova Investments and Wellcome Trust. Every round with its source.

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

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

# Who invested in *Karuna*

2 rounds we have observed, with the 2 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 2018, from 2 sources

**$8.0M** Round **$12M** Round

- **Latest round:** Round, $12M Apr 2019
- **Step-up i:** 1.5×
- **Investors:** 2

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

**$8.0M** Round

**$12M** Round

- **First round:** Round, $8.0M
- **Biggest round:** $12M
- **Between rounds:** 9 months

## The rounds

- **Apr 2019** Round **$12M** *1 new* [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) Reported by FinSMEs SEC filing: $3.5M sold, first sale May 2019
- **Jun 2018** Round **$8.0M** *1 new* [Wellcome Trust](https://millionrounds.com/fund/wellcome-trust) Reported by FinSMEs SEC filing: $1.2M sold, first sale May 2018

## 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.

**Round** 2018 **Round** 2019 [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) [Wellcome Trust](https://millionrounds.com/fund/wellcome-trust)

## Everyone who backed them

[Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) VC firm **1** round

[Wellcome Trust](https://millionrounds.com/fund/wellcome-trust) Government **1** round

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

## Quick answers about Karuna

### Who invested in Karuna?

Karuna's investors include Sofinnova Investments and Wellcome Trust.

### How much has Karuna raised?

Karuna has raised $20M across 2 rounds since 2018.

### When did Karuna last raise?

Karuna's most recent round was an Undisclosed round of $12M in Apr 2019.

### What was Karuna's biggest round?

Its most recent round, $12M in Apr 2019, is also its largest on record.

### Who backed Karuna first?

Karuna's first round on record, in Jun 2018, was backed by Wellcome Trust.

### What stage is Karuna at?

Karuna's latest named round is an Undisclosed round, in Apr 2019.

### Where is Karuna based?

Karuna is based in the United States.

## Companies like Karuna

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)

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