# Kernal Biologics funding: rounds and investors

> Kernal Biologics has raised $48M across 1 round since 2025. Investors include Y Combinator, Gaingels and HOF Capital. Every round with its source.

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

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

# Who invested in *Kernal Biologics*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Y Combinator: S20

Funding summary Updated 26 Oct 2026

**$48M** raised across 1 round since 2025, from 1 source

- **Latest round:** Grant, $48M Oct 2025
- **Investors:** 4

See who backed them

## The rounds

- **Oct 2025** Grant **$48M** [Y Combinator](https://millionrounds.com/fund/y-combinator) [Gaingels](https://millionrounds.com/fund/gaingels) [HOF Capital](https://millionrounds.com/fund/hof-capital) [Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) Source recorded

## Founders and team

From Kernal Biologics's own website and the SEC filings it signed: 1 founder, 5 on the team.

**Machine Learning Advisor** CTO & Co-Founder of Weave

- **Balkrishen Bhat PhD** Head of LNP Chemistry
- **Jeff Ozdemir PhD** Head of Platform & Cofounder
- **Firat Ileri** Board Member
- **Burak Yilmaz** Executive Officer, Director i
- **Yusuf Erkul** Executive Officer, Director i

Advisers *Craig Gibbs* *Nikolai Slavov PhD*

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

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

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

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

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

## Also claim to have backed them

This firm lists Kernal Biologics 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.

[Block City Ventures](https://millionrounds.com/fund/block-city-ventures) VC firm Per its own site

## Quick answers about Kernal Biologics

### Who invested in Kernal Biologics?

Kernal Biologics's investors include Y Combinator, Gaingels, HOF Capital and Hummingbird Ventures.

### How much has Kernal Biologics raised?

Kernal Biologics has raised $48M across 1 round since 2025.

### When did Kernal Biologics last raise?

Kernal Biologics's most recent round was a Grant of $48M in Oct 2025.

### What was Kernal Biologics's biggest round?

Its most recent round, $48M in Oct 2025, is also its largest on record.

### Who backed Kernal Biologics first?

Kernal Biologics's first round on record, in Oct 2025, was backed by Y Combinator, Gaingels and HOF Capital and 1 others.

### What stage is Kernal Biologics at?

Kernal Biologics's latest named round is a Grant, in Oct 2025.

### Where is Kernal Biologics based?

Kernal Biologics is based in the United States.

## Companies like Kernal Biologics

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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